Decentralized trading exchanges are probably one of the best financial applications of blockchain technology. In recent years, commodity and asset trading exchanges around the world have been susceptible to scams and frauds arising from orderbook manipulation and inflated trading volumes. Additionally, reconciliation and settlement is an expensive and time-consuming affair for most exchanges. Decentralized trading exchanges look to solve both of these issues by replicating the orderbook across the network participants in real time and using a blockchain ledger to settle trades between the traders. The distributed nature of the orderbook means that it cannot be tampered with or modified by an individual or a single party. All trades are posted instantly to the ledger and settled. Exchange participants can validate these...
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Ishan Roy leads the Blockchain initiative at the Centre of Excellence for Emerging Technologies (CEET) at the Tamil Nadu e-Governance Agency (TNeGA). He is currently working on the Tamil Nadu Blockchain Backbone project. His foray into blockchain began in the year 2016, at the blockchain team at ICICI Bank. This team carried out the first blockchain remittance in India. Since then he has worked as the Head of Products at HashCash Consultants where he built blockchain-enabled financial solutions for global clients. He has also mentored students and industry veterans as a blockchain trainer with Edureka. He is extremely passionate about technology and loves to keep himself abreast of new developments in the field through the community
Read more about Ishan Roy
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Ishan Roy leads the Blockchain initiative at the Centre of Excellence for Emerging Technologies (CEET) at the Tamil Nadu e-Governance Agency (TNeGA). He is currently working on the Tamil Nadu Blockchain Backbone project. His foray into blockchain began in the year 2016, at the blockchain team at ICICI Bank. This team carried out the first blockchain remittance in India. Since then he has worked as the Head of Products at HashCash Consultants where he built blockchain-enabled financial solutions for global clients. He has also mentored students and industry veterans as a blockchain trainer with Edureka. He is extremely passionate about technology and loves to keep himself abreast of new developments in the field through the community
Read more about Ishan Roy