Technical Journal, Vol. 15 No. 2, 2021.
Review article
https://doi.org/10.31803/tg-20210429130302
Trading Application Based on Blockchain Technology
Jovan Kanevche
; University of Information Science and Technology “St. Paul the Apostle”, Partizanska bb, 6000 Ohrid, Republic of North Macedonia
Jovan Karamachoski
orcid.org/0000-0002-5983-2632
; University of Information Science and Technology “St. Paul the Apostle”, Partizanska bb, 6000 Ohrid, Republic of North Macedonia
Magdalena Puncheva
; MIT University, Bulevar 3-ta Makedonska Brigada, 1126 Skopje, Republic of North Macedonia
Ninoslav Marina
; University of Information Science and Technology “St. Paul the Apostle”, Partizanska bb, 6000 Ohrid, Republic of North Macedonia
Abstract
Blockchain is a growing distributed list of records that are linked using cryptographic hashes. Its robustness, simplicity, immutability and trust are basis for development of interesting innovative business solutions. Considering some use-case scenarios within the financial sector, we developed a Blockchain based trading application placed on the Cosmos network. Cosmos is a decentralized network of independent, scalable, and interoperable Blockchains, creating the foundation for new economy. Our work describes the application functionalities for buying, selling and renting goods. It shows the easiness of trading, while eliminating the third parties and demonstrates the disruptive potential of the Blockchain technologies.
Keywords
application; blockchain; buying; renting; selling; Tendermint; trading
Hrčak ID:
258440
URI
Publication date:
8.6.2021.
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