Tradingene: Using Blockchain to incentivize Trading-Algorithm creat...

Tradingene is a blockchain based application which facilitates trading-algorithm developers and traders in a unique way. The developers can create the algorithm and put it on the platform for auction for the investors to raise capital. The platform offers the programmers to test their code before publishing. There are already more than 50,000 testing sessions which shows its commitment to quality. It is an early age of Tradingene but still there are more than 300 developers with approximately 2,000 algorithms on the platform. By using these codes the users can trade on crypto and forex exchanges. There are hundreds of trading robots available on the internet but none has adopted blockchain technology to give more sense of security to the users. The platform has a friendly interface and facilitates traders in several ways to encourage them. There is an educational material about blockchain and algorithm theories available on the system as well. This makes the whole process more user-friendly and rewarding.

Trading robot or trading algo is a programing code developed by the programmers. It gives smart trading signals to its users so that they could end up the trade in profit. These trading signals are based on thorough market research and knowledge. In fact it helps the traders to automate their trading. They don’t need to be manually executing them but instead they would set the desired conditions. The algorithm will automatically execute the trades as per the set conditions. it eliminate human interference and automates the process.

The user-interface and the process are very simple. The programmer will develop a code for the trading-robot, run a test on the code and will put it for auction. The auction will be available on the platform for the investors to bid. Through the bidding process the capital will be raise which will benefit the programmer and the platform.

Investors and developers are equally benefited from Tradingene. We have read about creators above and now we will shed light on how the investors are rewarded. Investor bid against their favorite programming robot and raise money through the success of the algorithm. Investors are given complete security where even the creators can’t access the account of an investor. Investors are also at advantage of not making an initial investment. So there is a win-win situation. Investors don’t have to invest his money. He simply have to put it up for auction where the funds will be collected to develop the program and benefit.

The roadmap of tradingene is quite clear. The team want to bring crypto trading to the exchanges. In the initial phase in 2019 it will connect with stock markets and future exchanges. In the second phase it will integrate with brokerage platforms. The platform also plans to connect with other blockchain services for algrothimic processing and storage.