Blockchain
In Market First, Huobi DM Adds Instant Settlement For BTC Contracts
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In a market first, Huobi DM, Huobi’s innovative crypto contract asset service, now offers instant settlement for Bitcoin (BTC) contracts.
“Huobi DM’s phenomenal growth proves that not only it is a great product but that the time for products like ours has come,” said Livio Weng, CEO of Huobi Global. “The digital asset space is becoming increasingly mature and sophisticated and it’s possible to do things now that were only a fantasy a few short years ago. Users are increasingly demanding tools to respond and engage with this new reality.”
Compared to competitors, who only offer weekly or, at best, daily settlement at a fixed time, Huobi DM’s superior risk control methods now allow it to provide users with the ability to withdraw their funds immediately when closing BTC contracts (deducting floating losses and frozen margin). In addition to protecting users in the unlikely event of a clawback, the new feature gives users more freedom and flexibility in the use of their funds. Though limited at present to BTC contracts, Huobi may expand real-time settlement to other types of contracts as well.
Developing Fast:
Now exceeding the equivalent of USD $720 billion in cumulative trading volume, Huobi DM has quickly established itself as a leader in the crypto asset contract market. Despite being less than a year old, quarterly trading volumes on delivery contracts (IE weekly, bi-weekly, and quarterly contracts) reached the equivalent of USD $59.9 billion in Q1 of 2019 and USD $340 billion in Q2. In a first for the platform, Huobi DM even exceeded its more established major competitors in 24-hour trading volume at several points during the first part of August during Q3.
Now With BSV Contracts:
Huobi DM recently added Bitcoin SV contracts, its eighth contract type. Inclusion on Huobi DM means traders will be able to take both long and short positions on BSV, allowing for arbitrage, speculation, and hedging. Since November of 2018, Bitcoin Cash’s value has fluctuated between $100 and $490 on Huobi Global.
In addition to BSV and BTC, Huobi DM offers weekly, bi-weekly, and quarterly cryptocurrency contracts for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), EOS (EOS), Litecoin (LTC), and Ripple (XRP).
Huobi DM Key Advantages:
- Competitive fee structures: BSV contracts are 0.02% to open or close for makers and 0.03% to open or close for takers.
- 8 major cryptocurrencies for users to trade with means more options: BTC, BSV, ETH, EOS, LTC, XPR, BCH, and TRX.
- Superior risk management, including Price Limit, Order Limit, and Position Limit.
- Superior risk control: Thanks to our sophisticated price limit mechanisms, no clawback has occurred since Huobi DM’s launch.
- Real-time risk supervision: We constantly monitor contract prices, index prices, abnormal transactions, and positions.
- Strong user protections: To cover the societal losses attributed to unfilled liquidated orders/settle incidents in contract trading, Huobi DM has a dedicated Risk Management Insurance Fund for each trading pair.
For more information, contact [email protected]
Disclaimers: Digital assets are innovative trading products, and prices fluctuate greatly. Please rationally judge your trading ability and make decisions prudently. Please note that users must clear the requisite KYC checks and assessments prior to commencing usage of Huobi DM. Huobi DM is not available to users from the United States of America, Singapore, Israel, Iraq, Hong Kong (China), Cuba, Iran, North Korea, Sudan, Malaysia, Syria, Samoa Eastern, Puerto Rico, Guam, Bangladesh, Ecuador, and Kyrgyzstan.
SOURCE Huobi Global
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.
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