Frequently Asked Questions
Curious about how our proprietary technology is propelling professional portfolios towards a more successful future? Don’t quite know what blockchain is on a fundamental level?
Below are some of the most frequently asked questions we hear from our clients. Take a look to learn more now.
Table of contents
What Is Blockchain Technology?
In simple terms, a blockchain is a database. But rather than information being stored in tables or on a spreadsheet, the information is grouped together in chunks or “blocks.” When a block is filled, it becomes linked or “chained” to the previous block, which is in turn linked to its previous block.
This series of connections makes it so that each block is connected to the entire string of previous chronological blocks of the blockchain—all the way back to its initial creation.
What makes blockchain so innovative is that since each block is connected, even a minuscule change to a single block will break the entire chain, making it invalid. This makes it infinitely more immune to market manipulation than traditional systems.
What is Symbridge?
Symbridge is a trading platform for institutional and professional traders to buy, sell and exchange digital assets. By combining blockchain technology with a proprietary execution engine, our exchange will offer institutional traders and accredited investors access to digital assets and tokenized commodities with enhanced security, speed, and transparency. As a U.S.-domiciled and -licensed exchange, Symbridge is ready to evolve with the changing regulatory landscape.
What is Hyperledger Fabric?
Hyperledger Fabric is intended as a foundation for developing applications or solutions with a modular architecture. Hyperledger Fabric allows components, such as consensus and membership services, to be plug-and-play. Its modular and versatile design satisfies a broad range of industry use cases. It offers a unique approach to consensus that enables performance at scale while preserving privacy.
Can I create a Symbridge account in the name of a trust?
Yes, if you’d like to create a Symbridge account in the name of a trust please select the Entity account type.
Which account type is right for me?
If you are an accredited investor and filing taxes as an individual please choose the Individual Account type. If you are trading on behalf of an institution, fund, or corporation or an individual filing taxes under a corporation please select the Entity Account type.
Have More Questions?
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