Preprint open access publication

Hallex: A Trust-Less Exchange System for Digital Assets

SSRN Electronic Journal, Elsevier, ISSN 1556-5068

2017

DOI:10.2139/ssrn.2917078, Dimensions: pub.1102472133,

Affiliations

Organisations

  1. (1) Hallex Exchange Systems
  2. (2) University of Copenhagen, grid.5254.6, KU

Countries

Denmark

Continents

Europe

Description

This paper presents a protocol for establishing a trust-less exchange system for digital assets on top of turing-complete blockchain technologies such as Ethereum. By combining smart contracts and digital signatures, we show how rules about asset trades can be enforced at low latency. These rules allow the exchange to be centralized but avoid placing trust in a third-party. This idea combines the advantages of centralized exchanges such as speed and price with the benefits of trust-less smart contracts giving unprecedented transaction security and settlement speed.

Research Categories

Main Subject Area

Links & Metrics

NORA University Profiles

University of Copenhagen

Dimensions Citation Indicators

Times Cited: 4

Field Citation Ratio (FCR): 2.02

Open Access Info

Green, Submitted