Undoubtedly, one of the sectors that has benefited most from the development of blockchain proposals in these times of boom of ICOs, is the financial services sector. A value proposition on that topic is what we will talk about today, addressing the Dimensions Network project.
- Trading platform
Dimensions Network is defined as the next generation of cryptocurrency trading platforms. This new platform will support standard currency pairs, options, futures contracts, exchange aggregator and much more.
This project is firmly in the spotlight as a more professional cryptocurrency trading platform, with a full range of services, from the trading of currency pairs to options, futures and other derivatives. It also seeks to establish itself as one of the main centralized and decentralized trading platforms within the crypto ecosystem with interconnected liquidity pools.
The trading engine of Dimensions Network is written in Erlang to allow maximum availability and scalability. “Erlang” is a programming language used to build smooth and scalable real-time systems with high availability requirements. Some of its uses are in telecommunications, banking, electronic commerce, computer telephony and instant messaging. The Erlang runtime system has built-in support for concurrency, distribution and fault tolerance. (see on erlang.org) The trading engine consists of a correspondence engine for each financial instrument, where each matching engine is executed as a node under the umbrella of the exchange.
One of the most interesting features of the Dimensions Network platform is its so-called Change Aggregator. The purpose of this function is for the user to obtain the best price of any exchange in real time, taking into account the cheapest exchange price.
They are building the Exchange Liquidity Aggregator (ELA) to allow platform users to buy and sell at the best possible price, from the best exchange possible at that time. With the ELA function, users can trade in other exchanges with the Dimensions Network platform, which saves them time and effort to register in multiple exchanges.
Dimensions Networks supports blockchain assets in multiple blockchains. They will have support for Bitcoin, Ethereum and USDT for Pair Coin Trading, options and futures. Likewise they will have support for the 10 main cryptocurrencies, and they will later incorporate the full spectrum of tokens ERC-20 and other Altcoins.
The Token of Dimensions Network
Strike Coin (STC) is the native token issued by Dimensions Network to perform a series of functions. Initially, the token will be used to distribute rewards to token holders. A portion of the negotiation fees generated by Dimensions Network will be shared with these cardholders as a “reward.” This policy of sharing the success of the platform is translated by assigning 15% of the negotiation fees generated in the platform. In addition to this, the token holders will receive an equivalent part of the new tokens generated for our currency in real time.
The StrikeCoin Token (STC) is currently available to buy with Ethereum.