Market Marking on the Blockchain

Ripple offers Market Making though its blockchain based network.  If I’m reading the marketing ware correctly, the market making is via the gateway servers, which leads me to wonder if the gateway servers offer (buy/sell bids) this feature (with only the trades being written to the blockchain), or the bids (buy/sell for notional buckets) are encoded into the blockchain via a smart contract.  The second option is more interesting, especially when you look at this smart contract Ballot sample, and also the simple banking system contract sample around account withdrawals.

~ by mdavey on October 20, 2015.

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