What problem does this service solve?

Fortuna aims to use blockchain technology to improve efficiency, increase trading volume, and add liquidity to the global OTC derivatives market.CryptoCortex makes it easier for institutional traders to aggregate data from multiple sources and consolidate their order books with algorithms.

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Company Description

Fortuna is developing a blockchain for the derivatives market. Fortuna hopes to leverage the benefits of blockchain to improve the operational efficiency during each step of a transaction, including contract creation, price quoting, contract signing, trading, and clearing. They also hope to introduce a number of decentralized innovations, such as structured smart contracts and a decentralized quote scheme. Users can execute P2P trades and create unique derivatives with different underlying assets, deal structures, time lengths, margin ratios and other transactional characteristics.
Fortuna has an innovative consensus algorithm called DPOSA, which is a variation of Delegated Proof-of-Stake (dPoS), and gives users that are more active in the network an advantage in the staking process. The platform is powered by the FOTA coin.

CryptoCortex is an institutional-grade cryptocurrency trading platform. CryptoCortex was developed by a company called Deltix, that specializes in providing software and services to buy-side and sell-side firms for quantitative research and algorithmic trading. The platform allows institutional brokers to aggregate data more effectively and better consolidate their order books.

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