January 2020
Intermediate to advanced
530 pages
11h 11m
English
Content preview from Blockchain Development for Finance Projects
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Scope of the decentralized exchange project
In our project, we'll be building an exchange that allows the user to trade gold for US dollars. Unlike the traditional model, where the central authority builds and maintains the orderbook platform, in our model the orderbook is built and managed using a smart contract. It will be available to all traders who connect to our private blockchain platform to trade, and it will be stored in all the nodes that are hosted as part of our blockchain
We'll be building and deploying the following components:
- Two ERC20 token smart contracts called Gold and USD. The ERC20 gold token represents our gold asset (the counter asset), and the ERC20 USD token represents the amount of US dollars (the base asset) ...
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