CommerceBlock CBT to MediBloc MED Exchange

Crypto Pair Details: CBT to MED

CommerceBlock CBT

CommerceBlock is a public blockchain infrastructure company that is architecting a platform that allows anyone to build and use financial products and services historically reserved for commercial banking customers. The CommerceBlock network will be the first technology platform that provides a combination of trust minimal trade, decentralised contract execution, on-chain derivatives, and asset-backed token issuance to public blockchains. The advent of the Bitcoin protocol has enabled permission-less financial innovation. CommerceBlock’s product offerings provide a suite of tools that enables anyone to build and use services that construct contracts, manage trade flows, engage in multiparty dispute management, issue assets, and hedge currency risk. Developers and end users will be able to manage all stages of a business interaction and fulfil their contractual obligations by utilising the CommerceBlock platform. These services will be integrated into infrastructure we have already implemented. We have released the first open-source implementation of the pay-to-contract and homomorphic address protocol outlined by Timo Hanke and Ilja Gerhardt. The protocol has been designed in such a way that all business logic, customer funds, and trade details are managed on the client side meaning at no point does CommerceBlock have access to customer funds or private information.

MediBloc MED

Med Chain aims to create a new trading lifestyle of C2M through the decentralization, non-tamperable and traceability of blockchain, combined with the actual situation of the e-commerce industry, reducing the transaction cost of consumers and improving the production efficiency of manufacturers. Globalized peer-to-peer trading is integrated into every aspect of life, and everyone can trade and everything can be traded. Peer-to-peer trading lifestyle: Med Chain expects to popularize C2M trading models into people's daily lives through blockchain technology, open up trust barriers between consumers and manufacturers, reduce trust costs, and achieve peer-to-peer customized e-commerce transactions. Global e-commerce bottom-level public chain: Med Chain expects to use POS and DPOS consensus mechanism to establish a global e-commerce transaction public chain, establish a transaction credit system based on blockchain technology, product copyright traceability system, intelligent payment system, and transaction after-sales arbitration system. The open data system is open to global developers, allowing blockchain technology to serve all walks of life in e-commerce.

SOURCE: COINGECKO

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