{"id":3927,"date":"2022-03-05T19:55:36","date_gmt":"2022-03-05T19:55:36","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/open-trading-network-whitepaper\/"},"modified":"2022-03-05T19:55:36","modified_gmt":"2022-03-05T19:55:36","slug":"open-trading-network-whitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/open-trading-network-whitepaper\/","title":{"rendered":"Open Trading Network Whitepaper"},"content":{"rendered":"<div id=\"post-946\">\n<div class=\"entry-content\" readability=\"59.165424739195\">\n<p>Abstract<\/p>\n<p>The world of cryptocurrency is developing rapidly. The cryptocurrency exchange market is already<br \/>in the\u00a0billions of dollars a day and is tripling yearly. At the\u00a0same time, the\u00a0number of cryptocurrencies<br \/>is growing exponentially. It is to be expected that not only will large countries and banks<br \/>release their own currencies, but large businesses will also have their own, and every loyalty program<br \/>in every caf\u00e9 or pizza place will move freely in the\u00a0marketplace.<br \/>Our main goal is to combine isolated blockchain networks into a unified open network. Just as<br \/>the\u00a0emergence of the\u00a0Internet connected corporate and university networks and generated a huge<br \/>number of new industries, along with revolutions in commerce and communication and a new information<br \/>age, the\u00a0Open Trading Network will similarly merge isolated blockchain networks to create<br \/>the\u00a0infrastructure of the\u00a0future.<\/p>\n<p>We see four major types of players in this world of cryptocurrencies:<br \/>\u2022 Individuals (physical users of cryptocurrency)<br \/>\u2022 Businesses (small companies and large corporations)<br \/>\u2022 Traders (companies and people who provide liquidity in markets)<br \/>\u2022 Regulators (supervisory agencies that protect the\u00a0interests of the\u00a0parties)<\/p>\n<p>We want to make the\u00a0crypto world open to ordinary people and all market participants. Our intention<br \/>is to create a set of mass market applications that can be used to effectively manage all of a<br \/>user\u2019s crypto assets, perform cross-market transactions, securely store savings, access the\u00a0global<br \/>marketplace, easily work with tokenized loyalty systems, and make purchases from a crypto wallet.<br \/>A business can quickly set up tokenization for any services and instantly enter the\u00a0market. For<br \/>financial institutions, we want to offer a convenient transition to a new ecosystem, while maintaining<br \/>speed and liquidity. For regulators, the\u00a0network will provide both the\u00a0necessary transparency and<br \/>additional regulatory tools.<\/p>\n<p> <a href=\"https:\/\/web.archive.org\/web\/20201022231620\/https:\/\/otn.org\/\" rel=\"noopener noreferrer\"> Open Trading Network Website<\/a> <br \/>Open Trading Network Whitepaper <strong><\/strong><\/p>\n<p>Social<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Abstract The world of cryptocurrency is developing rapidly. The cryptocurrency exchange market is alreadyin the\u00a0billions of dollars a day and is tripling yearly. At the\u00a0same time, the\u00a0number of cryptocurrenciesis growing exponentially. It is to be expected that not only will large countries and banksrelease their own currencies, but large businesses will also have their own, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3927","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3927","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=3927"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3927\/revisions"}],"predecessor-version":[{"id":3928,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3927\/revisions\/3928"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=3927"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=3927"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=3927"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}