Liquid.pro to record all stock options orders on the Waves blockchain platform
Over-the-counter trading service Liquid.pro is transferring its quotes on stock options entering the Moscow stock exchange to the public Waves blockchain platform. The use of blockchain technology in trading will increase transparency and ensure greater fairness of order execution.

Liquid.pro’s over-the-counter order service has organised the transfer of its register of applications on options entering the Moscow stock exchange onto the public Waves blockchain platform. The full list of applications is available for users on the service’s site: http://blockchain.liquid.pro/.

Applications remain anonymous, with each user receiving a unique hash address that allows him to identify his applications on the list. The use of blockchain technology ensures high reliability and absolute transparency of the service. Once operations recorded in a block are verified, their history cannot retrospectively be overwritten or canceled, and the information is open and accessible to any interested parties.

‘Liquid.pro is focused on long-term, strategic work, so we could not ignore a technology as promising as blockchain. We chose Waves as a solution because the platform’s public blockchain provides high reliability and stability of work, and the development of the platform is aimed at supporting business needs. We plan to develop further cooperation,’ comments Aleksey Yurov, head of blockchain department at Liquid.pro.

Active development of blockchain applications for trading is driven by two main factors. Firstly, the use of the new technology ensures transparency of operations, which is extremely important for a process in which players participate from different perspectives. Secondly, the blockchain significantly reduces transaction costs.

‘Further efforts should be directed at transaction settlement. At the present time, this operation requires extensive resources, largely due to the fact that the participants in the process are working in different environments. The interaction of traders, brokers, stock exchanges, depositories and clearing organisations is a complex and rather expensive procedure. The use of blockchain technology can help to optimise this process, uniting participants within a single platform and allowing the automation of numerous stages of work,’ explains Alexander Ivanov, founder and CEO of the Waves blockchain platform.
['Evelina Lavrova']
['Trading', 'Stock Exchange', 'Stock Market', 'Blockchain', 'Bitcoin']