BTC PULSE
No Result
View All Result
Play Now
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

Bitget and Space and Time Partner for Transparent Cryptocurrency Exchange Operations

by Dan K
Mar 28, 2023 - 12:00 am
in Blockchain
Screenshot of the Bitget cryptocurrency exchange platform showcasing its new KYC verification interface.

Bitget, a leading cryptocurrency trading platform, has announced its partnership with Space and Time (SxT) to offer users transparency in exchange operations and reserves. This partnership will allow Bitget to go beyond “proof of reserves” to “proof of accounting”, providing verifiable, tamper-proof audit trails of data and computation.

Tamper-Proof Auditing with Cryptographic-Audited Merkle Tree Method

The cryptographic-audited Merkle tree method used by Bitget, in collaboration with Space and Time, ensures that all exchange operations are valid and verifiable. This technology provides verifiable evidence to users that the exchange is holding 100% of client assets. Bitget users will also have full access to transparent data about the exchange’s activity, liquidity, assets, and liabilities.

Space and Time’s Proof of SQL Cryptography

Space and Time is a decentralized data warehouse that combines tamper-proof on-chain and off-chain data to deliver enterprise use cases to smart contracts. Space and Time has developed a unique cryptography called Proof of SQL, which utilizes the blockchain to prove each query computation was done accurately and that both the query and the data are tamper-proof. This technology allows developers to connect analytics directly to smart contracts, opening up powerful use cases for business logic in blockchain projects.

A New Era of Transparency for Centralized Cryptocurrency Establishments

Bitget’s partnership with Space and Time marks a new era of transparency for centralized cryptocurrency establishments. This partnership will help to build trust with Bitget’s growing user base, which currently serves over 8 million users in more than 100 countries and regions.

Nate Holiday, the CEO and Co-Founder of Space and Time, said, “Space and Time is building the foundation for a verified and transparent financial economy. We’re thrilled to work with Bitget to provide market-leading proofs for accounting and verifiability of operations. This partnership marks a new era of transparency for centralized businesses.”

Bitget Aims to Build Trust

Bitget was established in 2018 and offers futures trading and copy trading services as its key features. According to Coingecko, Bitget is currently a top 5 futures trading platform and a top 10 spot trading platform. Its partnership with Space and Time will strengthen the trust it has built with its growing user base.

Gracy Chen, Bitget’s managing director, commented, “Bitget strives to be the all-in-one global trading platform, and our partnership with Space and Time highlights our commitment to that. More than ever, users want to see transparency in exchanges. Bitget is the first to work toward transparency of proof of accounting and operations through Space and Time. We aim to inspire people to embrace crypto with more protection, transparency, and security, which serve as pillars for building a robust platform.”

Tags: Cryptocurrency
Dan K

Dan K

Dan K, the chief editor, is a visionary wordsmith, shaping narratives with finesse. His discerning eye for detail creates literary masterpieces.

Related Posts

Exterior view of the Czech National Bank building in Prague, symbolizing the institution’s financial strategies and innovation.

Bank of England Governor Says Stablecoins Could Reduce Reliance on Banks

October 1, 2025

Andrew Bailey says stablecoins could reduce UK reliance on commercial banks by separating money from credit, signaling a...

blockchain

Spacecoin Executes First Blockchain Transaction Through Space

October 1, 2025

Spacecoin has achieved the first-ever blockchain transaction through space using a nanosatellite, marking a milestone for decentralization and...

The headquarters of the Autorité des Marchés Financiers (AMF) Investor in Paris, France, the regulatory body warning investors against ByBit.

French Officials Pressured Telegram to Censor Moldova Election Posts: Durov

September 28, 2025

Pavel Durov revealed French intelligence pressured Telegram to censor Moldova election content in 2024, which he refused, citing...

Wall Street financial district with Bitcoin symbol representing institutional adoption

Bitcoin skepticism fades as nations gear up for adoption, says Samson Mow

September 28, 2025

Samson Mow predicts nation-states will move from skepticism to rapid Bitcoin adoption, fueling global FOMO and a rush...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • About Us
  • Advertise
  • BTC-PULSE
  • Contact Us
  • Events
  • Privacy Policy
  • Sitemap
  • Terms of Service