Hi LykkeX,
Beautiful project, I have a question to ask:
how does operate Lykke AG structurally, as an intermediary? as a gateway? a oanda or fx between cryptocurrency and forex?
How Lykke intersects with the banking system to make its own function?
We are talking of a securities firm in cryptocurrency?
best regard
Pasha
Thanks for these questions. The long-term goal is for any issuers to issue on the Bitcoin blockchain and/or any blockchain, with Bitcoin being the longest in operation and considered most secure. Issuance and trade are seen as separate processes. There are various different scenarios, discussed in the WP and since then. One of the major challenges is scaling, since exchange requires high performance through-put.
Lykke has potential relationships with banks and central banks to partner in this area, but it is independent. Lykke is a new startup company, not related to Oanda or brokers or banks. It's not a private blockchain project, which provides only limited access. For the the background of the founders and their scientific publications, see e.g.:
High-Frequency Trading in FX Markets, Anton Golub, Alexandre Dupuis, Richard B. Olsen:
https://wiki.lykkex.com/_media/golubdupuisolsen.pdfGençay, Ramazan, Olsen et. al: An introduction to high-frequency finance. Academic press, 2001.
