The internet is a matching engine - How web3 business need context to drive outcomes
The concept of a matching engine fascinates me. It is the part of an exchange that determines how orders are matched when a user places an order. The speed and quality of a matching engine determine how often people trade on the exchange it powers. If an engine lags, inefficiencies will creep into the market. For instance, traders running bots may be unable to place orders fast enough, or there may not be enough liquidity for large orders. I like the concept because matching engines process data from the buy and sell side millions of times daily. And in doing so, they generate a portion of the trade volume in revenue for the exchange. Scaling matching engines enables orders from all kinds of traders to come through and settle without hiccups. Think of them as traffic lights for modern-day financial transactions. Platforms on the web can be imagined as matching engines. The internet is a graph that maps out content and services. In the 1980s, this graph consisted of a handful of univers
The concept of a matching engine fascinates me. It is the part of an exchange that determines how orders are matched when a user places an order. The speed and quality of a matching engine determine how often people trade on the exchange it powers. If an engine lags, inefficiencies will creep into the market. For instance, traders running bots may be unable to place orders fast enough, or there may not be enough liquidity for large orders. I like the concept because matching engines process data from the buy and sell side millions of times daily. And in doing so, they generate a portion of the
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