In this presentation Guillaume Torrente and Bill Mayott of XBTO Group will discuss the unique challenges of trading with Crypto and where they see the industry heading.
Kx.com | KXCON23 | Building Crypto Solutions with kdb at XBTO
Blockchains offer a number of potential benefits for trading, including:
- Transparency: Blockchain transactions are public and immutable, which can help to improve transparency and reduce fraud.
- Efficiency: Blockchain transactions can be settled quickly and efficiently, without the need for intermediaries.
- Security: Blockchain transactions are secured by cryptography, making them very difficult to tamper with.
B2C2 is a digital asset liquidity provider that uses kdb+ to process and analyze large volumes of market data. kdb+ is a high-performance time series database and analytics engine that is well-suited for blockchain applications.
B2C2 uses kdb+ to:
- Monitor the health of blockchains and track transaction times and fees.
- Identify and analyze arbitrage opportunities between different exchanges.
- Develop and deploy trading algorithms that take advantage of blockchain technology.
For example, B2C2 uses kdb+ to develop and deploy trading algorithms that take advantage of price differences between different exchanges. B2C2’s algorithms can quickly identify and execute trades across multiple exchanges, even when the prices are moving rapidly.
B2C2 also uses kdb+ to monitor the health of blockchains and track transaction times and fees. This information can be used to make informed decisions about which blockchains to use and which exchanges to trade on.
Overall, blockchains offer a number of potential benefits for trading, and kdb+ is a powerful tool that can be used to develop and deploy trading applications that take advantage of blockchain technology.
Here are some specific examples of how B2C2 is using kdb+ to develop and deploy blockchain-based trading solutions:
- B2C2 is using kdb+ to develop a real-time blockchain analytics platform that will provide traders with insights into market data, order flow, and liquidity.
- B2C2 is also using kdb+ to develop a blockchain-based trading platform that will allow traders to execute trades directly on the blockchain.
- B2C2 is also exploring the use of kdb+ to develop decentralized finance (DeFi) applications, such as decentralized exchanges and lending protocols.
Overall, B2C2 is committed to using kdb+ to develop innovative blockchain-based trading solutions that meet the needs of its clients.
