Nash, a new security startup for cryptocurrency exchange, provides the best of both worlds- the security benefits of blockchain with the speed and functionality of traditional financial services. It claims to be ‘unhackable’ with top-of-the-line innovation. Nash secures funds from its clients only at the exact moment that they want to make a trade therefore decreasing the risk of any foul play. They do not require their users to turn over their funds to any third parties.
“We initially demonstrated that our proposed architecture could deliver cross-chain markets that compete with the performance of centralized exchanges – an extremely important parameter for liquidity. For this reason, we focused on the NEO-ETH market. Now that this is live and functioning well, we can move onto other networks. Bitcoin is the obvious next candidate owing to its importance in our industry,” said Nash co-founder and Lead Developer Fabio Canesin in a recent statement.
They expect to add Bitcoin to their platform soon encouraging more clients to trade across their platform. They only way that Nash says that hackers can access their platform is if they push any form of malicious viruses that will cause their software to develop kinks.