Quote from: Fu.Sin on July 26, 2018, 12:51:59 PM

You have mentioned the phrase "clearing clearing" several times - this is like "butter oil". Well, god be with him. And what is clearing clearing, give a small definition for a better understanding.

Sorry, my English is not good.

Specifically, in the transaction process, after the customer places an order on the exchange, the exchange is made up by the exchange, and the buyer and the seller complete a transaction for token、 price and quantity.

After each transaction is completed, the transaction order will be sent to our public blockchain. Each user represented by it will be set up with a dedicated clearing account to register and manage their digital asset transactions. After checking the registration information to ensure its accuracy, the balances and clearing records of different digital assets are updated to the corresponding accounts.

After the liquidation process is completed, in the settlement process, because it involves the delivery of real digital assets between related accounts, specific scenarios and accounts need to follow different business logics, so the settlement of specific accounts is achieved through smart contracts. The logic is written therein, and when the relevant external conditions are satisfied, the smart contract is automatically executed according to rules such as fixed time or according to the product expiration date.