Our first-of-a-kind dual double entry ledger enables the Smart Data economy through peer-to-peer trade, not just peer-to-peer payments.
A universal two-way ledger for a real, digital economy, employing the world’s first data currency.
What is Peer-to-peer Trade?
Since Bitcoin allowed anyone to make payments directly without the need for banks or other third parties, global payment solutions have gradually been moving away from account-based services.
However, for this to be a scalable, secure, and trusted method for global trade of digital assets, the 4-party trade model must be replaced. Much like the file sharing revolution, peer-to-peer trade is the answer.
Zenotta’s unique blockchain ledger enables direct peer-to-peer trade between parties. Unlike other blockchains whose focus is predominantly on settling transactions, Zenotta’s two-way architecture provides critical decentralised & distributed trade capabilities of data assets for a data currency across any kind of financial network.
Why Peer-to-peer Trade?
Peer-to-peer trade is the foundational element in a truly distributed web3 marketplace or economy.
Free individuals are able to price, process and settle any digital transaction over any number of interoperable environments, currencies and financial instruments seamlessly, rapidly and at a low cost to all involved.
Peer-to-peer trade enables finance to finally enter the world of web3.
How does Peer-to-peer Trade work?
Zenotta’s blockchain ledger is a fundamental re-design that enables atomic trade of payments for assets over a dual double entry ledger.
The dual double entry structure differs from other blockchain ledgers in that it is two-way, allowing assets and payments to be traded directly, without requiring smart contracts, and with each trade recorded on the ledger and secured by distributed consensus. This means that data and digital assets can achieve the same standing as real-world assets, on a universal ledger, with pricing, provenance, and protection built in.