Bee Trade Finance Order book Introduction
Bee Trade Finance Orderbook is our core product. It is a fully decentralized Layer 2 based exchange built on top of the Avalanche Network and featuring an orderbook. While working on Bee trade Finance Orderbook we thought about two groups of traders:
The traders on traditional centralised exchanges who enjoy the speed of transactions and easy navigation but have to accept risks and give away control of their assets by putting a lot of trust in a centralized operator;
The traders on traditional centralised exchanges who enjoy the speed of transactions and easy navigation but have to accept risks and give away control of their assets by putting a lot of trust in a centralized operator;
The traders on decentralized exchange platforms who limit the risks of losing their funds by trusting the code but have to put up with troubled UX, limited functionality and technology-specific issues.
The traders on decentralized exchange platforms who limit the risks of losing their funds by trusting the code but have to put up with troubled UX, limited functionality and technology-specific issues.
Bee trade Finance Orderbook keeps the convenience of a centralized exchange but eliminates its bottlenecks by decentralizing the custody of assets.
Bee trade Finance Orderbook keeps the convenience of a centralized exchange but eliminates its bottlenecks by decentralizing the custody of assets.
Bee trade Finance Orderbook implements a Layer 2 Trusted Execution Environment (TEE) on top of Bee trade Finance. This mechanism allows an operator to maintain the Orderbook and controls that the operator cannot cheat since the results produced by the TEE contain cryptographic proof.
Bee trade Finance Orderbook implements a Layer 2 Trusted Execution Environment (TEE) on top of Bee trade Finance. This mechanism allows an operator to maintain the Orderbook and controls that the operator cannot cheat since the results produced by the TEE contain cryptographic proof.
In the event of tampering, the blockchain can invalidate the proof thereby not accepting the tampered state submitted by the Operator. The funds of the user always stay in the native blockchain and are controlled only by the user’s private key. The Layer 2 solution only allows placing and executing trades but not transferring any balances. It additionally ensures that only the trader’s private key can initiate a balance transfer.
