Zero Hash is an institutional settlement utility for the digital asset space. It is comprised of two pillars:
- Calculation agent. As a calculation agent, Zero Hash acts in good faith to make determinations relating to any adjustments, valuations, settlements and compressions that occur throughout the life of a trade. This includes the calculation of initial margin, variation margin and final settlement, amongst others, for spot, repo and derivative transactions (forwards, options and more).
- Settlement agent. As a settlement agent, Zero Hash effectuates the movement of fiat currency and digital assets as a result of trading activity. Zero Hash maintains an internal ledger of ownership of fiat currency and digital assets and, with regard to digital assets specifically, actually performs “on-chain” settlements (something we’ve written about before — here and here).
Check out our blog that breaks down Zero Hash in more detail.