Review on Exchange Union by Özgün A
Presence of actors in the stock market
The two biggest problems in today's traditional trade are lack of trust and lack of liquidity. Exchange Union is addressing this issue. With Exchange Union;
+ Generating trading volume on trusted partner markets
+ Providing mutual liquidity support in the common market with the blockchain base to be created.
+ Expanding trading volume and creating reliable markets by creating cross-chain partner networks.
+ To ensure that businesses reach easy liquidity by avoiding borrowing transactions.
In fact, this project aims to solve the problems of the traditional financial system. Of course this is not easy. Because while there is a trust problem even in the traditional market, it is difficult for the assets to trust each other in a blockchain-based market.
As a result; With its market maker feature, Exchange Union enables businesses/individuals to move freely in the market and makes the necessary liquidity accessible to all market makers in the pool.
Pros
- There are tutorials on their website about how the system works
- Github supported exchange transactions are carried out
- It is open source and open to development
Cons
- I'm not sure how far the system will go. There are many unclear questions
