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Transparency of clearing and settlement - Everything concerning the expiration date of the contract and settlement will be made public. You will see the mechanism of work settlement - you will not guess what happened to your position or what the settlement price is. You will also see when the funds were transferred and whether your collateral was unlocked. Auditability - This is particularly important for stability. CFTC Chairman Christopher Giancarlo said that if the centralized payment center has the transparency provided by the block chain, ie instead of gathering fragmentation data to reconstruct a complex individual trading portfolio ... In 2008, it will be easier to identify, isolate and resolve systematic weaknesses. In any case, all transactions, positions and portfolios are traceable - all records are immutable
Settlement price - (1) The settlement price of the last settlement date is used to determine the settlement position to determine the profit and loss in the spot delivery contract and the daily price of margin notice and invoice delivery. Open in-kind delivery contract invoice
The key to ACChain's Smart Contract and Trust Mechanism is to provide standardized open procedures and settlement media for the distribution and distribution of digital assets in various industries. It addresses the opacity, inefficiency and operational problems currently facing the consumer market. What's new? Longbi 88.com is the first trading platform to trade ACChain in China's domestic market, currently owned by Hong Kong's main board listed companies. In other words, regulatory compliance is officially recognized. While introducing high quality digital assets, longbi 88.com will expand secure financial channels. Deeply integrate big data of financial technology platform, comprehensively analyze ACChain digital asset data, establish ecology of asset block chain application scenario in domestic market.