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Home   >   Our Products   >    ChattelChain

 

Advantages of ChattelChain

System Workflow

User Registration and

Verification 

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

Pass

Reject

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

Keys:

BUYER ACTIONS

SELLER ACTIONS

AUTOMATIC ACTIONS

EXCHANGE ADMIN ACTIONS

Strengths of ChattelChain

Admissibility

Tamper Proof

Guards against attempts to modify transaction records.

Admissibility

No Data Leakage

 

Transactions are verified by authorized independent third parties.

Security

No Import / Export Needed

 

Clients can host and maintain their data.

Import /

Export

Performance

High Performance

 

An aggregated 200,000 transactions per second.

≤0.1s update

Enhances online transaction processing and sequential events.

Technical Strength

Open System

Interoperable with Ethereum and Hyperledger.

Experience