NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

BBOD Revolutionizes Crypto-Derivatives Market Model Sharing Economy

newsbtc
newsbtc
4 years ago
3 mins read
BBOD, blockchain, cryptocurrency

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

BBOD — Blockchain Board of Derivatives is the first open-source, community-owned, decentralized cryptocurrency derivatives trading platform with a disruptive model of sharing economy: “all fees earned by the platform land directly in token holders’ wallet”. The innovative platform, backed by National Quantum Information Centre,   is designed to overcome the serious flaws that are plaguing the existing cryptocurrency trading platforms.

Dublin-based, BBOD is in the process of implementing blockchain powered decentralized applications to develop a system capable of creating a healthy market structure with maximum security and ample liquidity. In order to support the innovative platform’s development, BBOD has announced the launch of its crowdsale, which went live on October 1, 2017. The token Sale allows people to buy its BBOD Utility token (BBD) that can be used for paying own transaction fees and collecting transactions fees generated by other traders.

The BBOD platform will be offering two major services — Trading Service and Listing Service. The former offers digital coins, tokens, their derivatives (futures and options) and exotic crypto products, like BitHash Futures contract, that derives its value from the standardized amount of mined bitcoins per month based on defined assumptions (eg. 100 Gh/s). For example, Miners may sell BitHash Futures to hedge their mining capacity. In line with the concept of sharing economy, Listing service is free for all.

BBOD vs. Cryptocurrency Trading Platforms

Some of the benefits of BBOD’s decentralized trading feature includes;

Community-owned – Trading platforms are usually commercial products and all trading fees go to Management, BBOD proposes disruptive, sharing economy model, where all Inflows from transactions fees are distributed to token holders based on their respective BBD ownership percentage.

Safety of funds and transactions — The centralized services aren’t very reliable when it comes to platform’s security of funds. By design, these platforms end up storing the wallet private keys on the customers’ behalf, which deprives the users of full access to his/her own funds. On the other hand, decentralized trading platforms suffer from miners front-running activity. But with decentralization and post-quantum encryption of transactions, BBOD users will always be in complete control of the funds and on-chain transactions.

Market Depth- The centralized markets are dependent on the existing userbase and deposits held on the platform. However, during times when bulk orders are places, the probability of them facing liquidity issues is high. BBOD’s market design ensures that there are adequate contributors available to supply the liquidity on demand. The Frequent Batch Auctions with Autonomous Market Maker enhances market depth to support high volume orders.

Number of Instruments – The platform is designed to offer a single venue to trade the full range of cryptocurrency derivatives and convert digital coins and tokens. There are some rumors that BBOD is in negotiations with a mining company to introduce first futures contract on bitcoin mining capacity. This exciting news will be confirmed by the company soon.

The platform lists its core features as

Community-owned
Security of Assets
Security of Transactions
High Liquidity
Efficient Price Discovery
On Chain settlement

BBD tokens will be listed on major crypto exchanges shortly after MinCap is reached. Alternatively, BBD tokens may be converted to Ether directly at BBOD simple decentralized exchange using Ethereum wallet or Mist.

BBOD already has a Preview version of its software in place, which is now available. People can test the platform by using Metamask and trade futures and options with ether. The MVP will be closely followed by the release of the first version in Q1 2018.

More information about the ongoing crowdsale and the platform roadmap is available on BBOD’s website.

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ethereum Forms Rising Wedge Pattern – $2,200 Support Back In Focus?

Ethereum Forms Rising Wedge Pattern – $2,200 Support Back In Focus?

Ethereum is trading above the $2,500 mark but continues to struggle with strong resistance near $2,600, a key level that...

Sebastian Villafuerte 5 hours ago

With no more minting, $FUN can skyrocket 500% on fixed supply announcement

On June 19, 2025, FUNToken officially froze its supply forever, locking the smart contract to ensure no future minting, no...

News BTC 6 hours ago

BTC Bull重金押注突破800萬 距離FOMO引爆日只剩72小時

在美國獨立日煙火綻放之際,BTC Bull Token (BTCBULL)已率先點燃行情,預售融資突破800萬美元大關,距離週一正式上所僅剩72小時倒計時! 現在已經沒有時間猶豫或觀望了。當 BTCB...

estherw 7 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Ethereum

Ethereum Price Targets $3,000 As Analyst Calls It A ‘Powder Keg’

Scott Matherson 38 minutes ago
Bitunix bonus krypto giełda promocja USDT

Бонусная программа Bitunix: как зарабатывать на криптовалютах с максимумом прибыли в 2025?

lisachaikina 2 hours ago
Bitcoin

Bitcoin Price To See 52% Increase To $166,000, Analyst Reveals Tight Timeline

Scott Matherson 3 hours ago

Premium Sponsors

Press Releases

  • 仮想通プレセール注目:リップルが米銀行ライセンスを申請、機関投資家の関心が急上昇中

    ...

    10 hours ago
  • 仮想通貨おすすめ:話題の新トークンがプレセール開始直後に15万ドルを調達

    ...

    10 hours ago
  • 新しい仮想通貨:ソラナ系取引ボットが話題のプレセールで150万ドル調達、次の100倍候補か?

    ...

    10 hours ago
  • 仮想通貨おすすめ|米下院が大型法案可決、7月4日にビットコインが急騰

    ...

    11 hours ago
  • ミームコイン急騰中|Solana発の人気銘柄続々高騰、新たな注目トークンも登場か?

    ...

    11 hours ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.