We’re excited to announce Cartesi is partnering up with GoBlock on a DeFi project applied to energy markets. The system developed by GoBlock is an Ethereum-based Exchange for Energy Derivatives Contracts. It allows for cascaded energy futures contracts to be traded on the blockchain in a secure and transparent way, with counterpart risk mitigation mechanisms.

Cartesi and GoBlock will work together to explore how to implement Cartesi’s technology to apply it to the computation of open position balances, order matching, and other complex features that would be impractical to run on-chain. This will allow for new financial services on the DeFi platform, such as collateral calculation and new order types, giving more flexibility to traders’ strategies.

GoBlock is a Brazilian startup and Genesis portfolio company that specializes in consulting, development, and research of decentralized solutions for high profile enterprises.

 

 

Quick Links:

Website: https://cartesi.io

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