We are excited to announce a partnership with MARKET Protocol!

MARKET Protocol is powering safe, solvent & trustless derivative trading of any asset. We offer a decentralized framework allowing traders to establish long or short positions without lending or borrowing. Contracts are guaranteed solvent with no counterparty risk. Users can trade cross-chain, off-chain or on-chain relationships, such as Monero/ETH or APPL/stablecoin using ERC20 assets as collateral while remaining on the Ethereum blockchain. As a protocol, they provide the pieces necessary for others to create decentralized exchanges and applications.

Modern financial exchanges generate an enormous amount of market and trading data. Data providers and exchanges record all kinds of information including trade size, trade price, bid size, ask size and much more. Even though the crypto trading landscape is still just a fraction of the traditional trading space, there is still need for efficient and scalable data storage.

Utilizing Bluzelle’s database solutions offers exchanges, applications and traders a secured and scalable way to store trading and market data. By integrating with order book hosts and other applications, Bluzelle can offer a necessary, standard and consistent decentralized database solution.

“The amount of market data created on traditional exchanges like the CME is staggering. We expect this trend to continue in the crypto space. We believe Bluzelle’s architecture provides a reliable and scalable solution and look forward to working together.” said Seth Rubin, CEO and co-founder of MARKET Protocol.

Nitin Cunha, Director of Developer Relations at Bluzelle commented, “We believe MARKET Protocol provides an essential piece of trading infrastructure in the blockchain space.”

We look forward to a fruitful partnership ahead!