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Advantages of ChattelChain
User Registration and
Buyer conducts inspections of the seller and assets
Seller reviews market info
Buyer places order
Exchange holds the fiat currency or ETH
Seller places order
Match / Fill orders
Exchange holds the asset security token
Exchange admin reviews transactions
Asset security token transferred to buyer’s wallet
Fiat currency or ETH transferred to seller’s wallet
Commission transferred to exchange wallet
Asset token/fiat currency/ETH returned to original wallets
EXCHANGE ADMIN ACTIONS
Strengths of ChattelChain
Guards against attempts to modify transaction records.
No Data Leakage
Transactions are verified by authorized independent third parties.
No Import / Export Needed
Clients can host and maintain their data.
An aggregated 200,000 transactions per second.
Enhances online transaction processing and sequential events.
Interoperable with Ethereum and Hyperledger.