Amp

Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.

As collateral, Amp insures the value of any transfer while it remains unconfirmed, so that any actions dependent on the transfer can proceed without delay. By using Amp as collateral, individuals and entities benefit from the security and efficiency of collateral which is transparently attestable on an immutable ledger.

Amp is asset-agnostic. The full suite of Amp functionality is universally compatible with any form of value transfer—whether digital or physical—and can be used to facilitate instant, irreversible transactions for any kind of asset.

The Amp token contracts are open source, decentralized, and have been thoroughly vetted by external security researchers. The technical design of the Amp token has been thoughtfully considered to offer broad compatibility with existing and future forms of asset transfer, while preserving extensibility through partition strategies.