This article was first published on Wanchain - Medium
Orion Protocol is the premier liquidity aggregator connected to multiple exchanges, enabling a universal trading gateway to all crypto markets built on decentralized technologies (atomic swaps, blockchain, staking, lightning). Internally, Orion relies on public blockchains to provide users with secure and robust custodian solutions, as well as implementing reliable decentralized trading settlements.
We are proud to announce that Wanchain is entering a strategic partnership with Orion Protocol to use Wanchain’s public blockchain as an atomic swaps solution, a process which is essential for Orion decentralized trading. Wanchain supports smart contracts written in Solidity, privacy protection and decentralized cross-chain functionality.
There are several different blockchains that can be used internally on Orion. Orion has conducted detailed studies of the best candidates, and have even implemented a proof of concept solutions on Ethereum and Waves. Ultimately, Orion’s team has chosen Wanchain’s blockchain for supporting escrow trading accounts along with other cutting-edge decentralized technologies, like Holochain; which is used now in a settlement module between Orion and Brokers. You can try out the Orion Trading Terminal demo right now here.
Wanchain combines almost unlimited possibilities of Ethereum Virtual Machine based smart contracts with first-citizen cross-chain transactions. These features of Wanchain allow high levels of interconnection and interoperability between different blockchains. Wanchain’s Storeman node system uniquely combines atomic swaps and decentralized account management. This is crucial for Orion to implement convenient secure trading functionalities for users right from their multi-currency wallets, without a trusted third-party.
Orion will deploy its high-performance matching engine to work on Wanchain to serve trading and exchange functionality on the Orion Trading Terminal’s multi-currency wallet. Special purpose WAN smart contracts would then perform peer-to-peer exchanges of different crypto assets between traders in a completely decentralized way.
It is essential for Orion and Wanchain to establish and maintain a mutually ...
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Wanchain - Medium