TrustBar is a decentralised crypto exchange that enables an individual or institution to trade with another person or institution’s cryptocurrencies and tokens. The exchange allows for the transfer of value not just intra-blockchain, but also cross-chain, allowing the user to swap tokens from one blockchain to another.
The ultimate goal of TrustBar is to enable cross-chain token exchanges with a single click, through one transaction and on a decentralised exchange. No existing decentralised exchange currently offers this kind of functionality.
TrustBar’s protocol is built on multiple blockchains and systems that support the use of a decentralised exchange. Using a smart matching engine, TrustBar enables the seamless cross-chain exchanges of currencies and tokens.
The user will cross-link multiple wallet addresses on different blockchains, allowing users to pay from one blockchain with a different token/currency to that which will be received on another blockchain.
The market itself will be dynamic, allowing for the unlimited exchange combinations of tokens and currency options.
Importantly, the user is also the custodian of their funds, which is significant in two ways. Firstly, TrustBar offers an additional layer of security, as the funds can never be withdrawn or traded without their signature. Secondly, even if the exchange is oine, funds can be withdrawn directly from the blockchain.