Sunday, April 8, 2018

Swapnet

Mostly the web based timeout swaps, and their notaries.

I go into the notary business in swapnet. I offer simple web based swaps on command, my notary bots watch for failures and I am backed by treasuries. Traders are responsible for their own notary, but they hire my bots out, for a fee. I call it Redneck Swap Bonding, everyone knows I got fair notaries. Counter parties agree to contract over my swapnet.

A lot of my customers are vendors who farm the entire  transaction to my bots. They use standard e mail delivery protocol, my bots do that.  My bots can check a bitcoin ledger, or a fiat.  My notaries interface with GDAX using industry standard prequals,  supporting multiple and conditional swaps across trading pits. Call now for exciting sandbox thrills, Redneck Swap Bonding in your local orderbook.

My company is a Redneck, so it is immediately patent free and industry standard, fully sand box compatible. It manages interacting queues, but does not queue, and does not price. 

Transaction fees, the large digits swapped to my personal account, they are priced externally, purchased in a trading pit.

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