Swapblocks

SWAPBlocks is a decentralized asset management and exchange platform built on a Delegated Proof of Stake (DPoS) blockchain. Most of swapblocks’ competitors are DAPPs on the Ethereum network. As a full blockchain protocol, we provide SBX holders decentralized power over the network and a sound tokenomics model. The swapblocks consortium model is also a much more efficient way to manage compliance and transaction governance compared to simple smart contract governance. Additionally, the swapblocks protocol will incorporate native decentralized exchange (DEX) functionality. This isn’t meant to exclude other exchanges, but it will remove reliance upon them. Anyone can operate a routing node and/or seek election as a delegate. Joining a consortium will likely require differing processes for various markets, depending on the regulatory requirements for the asset type in a given jurisdiction and the type of data required in the consortium data packet for transaction validation. Municipal nodes are issuers of a tokenized asset on the protocol and may be a consortium member for a given market as well.  Holders of SBX vote for delegates they believe will benefit the network. Each SBX will allow for a specified number of votes (to be determined), which the holder can allocate to one or more candidates. Anyone can seek election as a delegate. Delegate candidates are encouraged to publicize their platform. SWAPBlocks will strive to foster a competitive delegate environment where competition results in the most qualified delegates. Should delegates not perform their duties appropriately or fail to deliver on their campaign promises they can be replaced via the same voting mechanism.