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Method and system for driving circuit breaker of cryptocurrency exchange

A virtual currency and exchange technology, applied in payment system structure, payment circuit, marketing, etc., can solve problems that are difficult to deal with or prevent in advance, economic losses, etc.

Pending Publication Date: 2021-01-19
LINE CORPORATION
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

[0008] Due to such market characteristics, it is difficult to pre-respond or prevent the loss of multiple users who trade on the virtual currency exchange, and arbitrage may occur in which the virtual currency exchange secures the amount and sells it to other exchanges. As a result, the use of Multiple users of the corresponding virtual currency exchange will suffer huge financial losses

Method used

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  • Method and system for driving circuit breaker of cryptocurrency exchange
  • Method and system for driving circuit breaker of cryptocurrency exchange
  • Method and system for driving circuit breaker of cryptocurrency exchange

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Embodiment Construction

[0034] Hereinafter, embodiments of the present invention will be described in detail with reference to the drawings.

[0035] Embodiments of the present invention relate to techniques for managing virtual currency transactions.

[0036] In the embodiment including the content specifically disclosed in this specification, the circuit breaker mechanism can be driven according to the market trend by monitoring the market price of the virtual currency traded on the virtual currency exchange, thus, it can function as a safety device in the virtual currency market, Thus, the loss suffered by the user can be minimized.

[0037] Hereinafter, specific embodiments of a method and a system for driving a circuit breaker mechanism of a virtual currency exchange will be described.

[0038] figure 1 It is a diagram showing an example of a monitoring service environment for virtual currency transaction management according to an embodiment of the present invention.

[0039] refer to figur...

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Abstract

The invention discloses a method and a system for circuit breaker of cryptocurrency exchange. The cryptocurrency exchange management method comprises the steps of: collecting transaction information related to cryptocurrency of each cryptocurrency exchange by taking a plurality of cryptocurrency exchanges capable of trading specific cryptocurrency as objects; calculating a market price of a cryptocurrency market related to the cryptocurrency using the transaction information; and a step of comparing the price of the cryptocurrency transacted in a specific cryptocurrency exchange with the market price to drive circuit breaker for the cryptocurrency.

Description

technical field [0001] The following description relates to techniques for managing virtual currency transactions. Background technique [0002] Recently, with the advent of encryption technology, attention has been paid to virtual currency (cryptocurrency) based on encryption technology. [0003] The representative virtual currency is bitcoin (BTC), and ethereum (ETH), litecoin (LTC), and dash (dash) dominate the virtual currency market. [0004] Unlike general currencies issued by governments or central banks, this virtual currency is valued according to the rules set by the original designer and circulated based on blockchain technology. [0005] As an example, Korean Laid-Open Patent Publication No. 10-2019-0024601 (publication date: March 08, 2019) discloses a technology that authenticates a transaction by verifying the transaction information of the blockchain virtual currency. , by confirming the transaction according to the presence or absence of authentication of ...

Claims

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Application Information

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Patent Type & Authority Applications(China)
IPC IPC(8): G06Q40/04G06Q20/06
CPCG06Q20/065G06Q40/04G06Q30/0206G06Q20/10G06Q20/3678
Inventor 金宰万张美英黄娜拉李贤东许栋暎黄昞竣金秉国
Owner LINE CORPORATION