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Stellar-Based Ecosystem BRIDGE Releases All-In-One Trading Solution

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Tue, 02/25/2020 - 10:37
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  • Smart contracts based on top-tier blockchains provide developers with a plethora of opportunities. The cutting-edge trading toolkit by BRIDGE is a textbook example

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Both newbies and old hands in trading face more and more challenges when swapping their assets in regards to technology, regulation, due diligence, KYC/AML, etc. A decentralized cross-chain system built by the BRIDGE team around the Stellar-based token BD attempts to eliminate these obstacles.

Three tools for a seamless trading experience

BRIDGE, an ecosystem of Stellar-based payment solutions for traders, addresses the sphere of Forex trading optimization. Its gateway, which utilizes numerous smart contracts launched atop the Stellar (XLM) blockchain, acts as a one-stop-shop for traders.

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It performs the role of an intermediary between traders and exchanges, fueled by the native BD token. As a result, it erases extra transactional and trading fees and eliminates cumbersome regulatory restrictions. 

Within the BRIDGE ecosystem, three main products are now available:

  1. One PRIME is a hub that connects traders with top-level trading platforms worldwide. With the BD token, the six thousand One PRIME users can enjoy a state-of-the-art Forex trading toolkit.
  2. One PAMM is a platform where the experience of seasoned traders is leveraged by artificial intelligence. Investor funds are managed by BRIDGE experts and intelligent systems which significantly reduces risk and helps gain maximum profits.
  3. One ClickCopyTrade is an instrument that enables instant copy-trading to follow the trades of masters. The One ClickCopyTrade option eliminates the need for the master and trader to utilize the same broker: now, they can stay connected and exchange data worldwide.

Less fees, more liquidity

Moreover, the BD token can help users save on transactional fees. Due to its decentralized nature, transactional fees are reduced by 10%. When trading with this token, the average system latency doesn't exceed 10 seconds. This useful digital asset will be available through a series of IEOs and ICOs in Q1-Q2, 2020.

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Finally, the BRIDGE ecosystem is intended to act as an institutional-grade liquidity provider. Thus, it will power a wide range of B2B-solutions including white label programs, CRM and asset management modules.

About the author

 Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockhain. Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

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Ripple's Xpring Wants to Make XRP Transactions Private. Is This Possible?

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  • Ripple's development platform proposes to add an opt-in privacy feature to the XRP Ledger

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Ripple's development arm Xpring has come up with a new proposal to add an "opt-in" privacy feature to the XRP Ledger. It's now up to the community to review the proposal via GitHub.   

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Private transactions  

In his blog post, Warren Paul Anderson, the head of the Xpring developer community, explains that XRP can be made anonymous with the help of 'blinded tags' that would obfuscate the source and destination tags from anyone apart from from the originator and the source of a specific transaction. 

In such a way, private payments on the XRP Ledger would appear 'random' to third parties.  

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Streaming payments  

Xpring also made an announcement about the Xpring Wallet adding support for the STREAM protocol. It allows users to send and receive in the form of encrypted packets of money or data over blockchain-agnostic Interledger by establishing an HTTP connection.  

All developers can now integrate streaming payments into their applications with the help of Testnet XRP.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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