- EBA sees further improvements in EU banks’ resilience
- Barclays enables vulnerable customers to stop transactions at chosen retailers
- Momentum building for Open Banking in 2019, says Equifax
- FCA introduces new rules on handling complaints about authorised push payment fraud
- RBS welcomes credit ratings upgrade by Fitch Ratings
- Entersekt gains early certification for e-commerce authentication solution
- International Bank of Azerbaijan chooses FICO solution expired
- Revised budget deficit positive for Italian banks, but headwinds still threaten, says Scope expired
- Barclays’ merchant control demonstrates sector's moral shift expired
- FRC issues revised auditing standard and consults on guidance for quality bank audits expired
- Monobank celebrates growth milestone in first year of operation expired
- FS sector set to face yet more regulation in 2019, says ClusterSeven expired
9th October 2018
World's first shared trading platform available for public beta test
The world's first shared trading platform, Exchain, has rolled out its public beta test. Exchain aims to build a transparent, open and mutually beneficial trading platform that is co-owned, shared and governed by the public and features shared benefits, monitoring and transaction transparency.
In order to better create a shared trading platform, Exchain comes with several features: the transaction is a form of investment in the platform; no transaction fees for the first three months; availability of partner programmes; and the ability to issues ICOs that will never be subject to listing fees. These features set up a scenario whereby both the project developer and the users of the exchange can participate in co-ownership, sharing and co-governance.
Exchain adopted the "transaction is a form of investment" model, in which users can, through trading, obtain the platform token, ET, and become a shareholder in Exchain, as well as share in the benefits and interests of Exchain. Exchain has also launched trading with no transaction fees for the first three months.