Trade/commerce app

Hello,

I am writing a trade/commerce application to run on top of Ethereum.

Some pieces we need:

  1. Related standardized identifiers like company names or item codes.
  2. Discovery/matching system for orders/trades.
  3. Coordination/settlement of trades.
  4. Some additional encryption (optional).

The idea is to go as deep as possible into the blockchain to get all its nice properties, without making it unfeasible or cumbersome.

Currently, the architecture I am testing is essentially some basic structs to encode the orders/trades, transactions with data to communicate/store the orders and smart contracts for the trade (settlement).

I am thinking of basically two stages: order (discovery/matching) and trade (settlement). I am testing different flows. Some coordination might have to happen off-chain. I am also testing some discovery/matching systems off-chain.

Are you aware of similar, already existing applications? I have done some research myself but have not found anything in practice (there is some popular company in the sector that was working on something like this I think…). It would be great to get some feedback: previous experiences, typical errors/things to avoid, desirable features, etc.

I can provide more details of what I am currently doing if you are interested and need them.

Thanks.

Juan Diez Garcia
Torbellino Tech SL


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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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