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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

 
%d bloggers like this: