Blockchain technology allows for highly accurate, secure, and transparent trades to take place at very little cost to the traders. However, blockchain gets its power from being a decentralized technology.
All of the information in the blockchain network is distributed and verified across a network of nodes. In the Symbridge network, these nodes are called validation nodes. When a new block of information is added to the blockchain, each of these validation nodes updates its version of the blockchain to reflect that change.
This network of nodes is run by a group of organizations called validators. Each validator needs to approve the trades that are submitted to the network, eliminating the possibility of a single actor altering the information on the blockchain to manipulate market data.