Token Swap

Trade Tokens Easily and Securely

Kaleido simplifies Token Swaps, making it easy to trade ERC20 and ERC721 tokens with other members in your blockchain network.
What it is

Powerful Tools That Make It Easy to Swap Tokens

You want a secure way to swap tokens. A function that eliminates risk, as transactions are only settled once both parties have lived up to the terms of the contract. This type of conditional swap is what we’ve built.

Our service is an intuitive way to securely swap tokens with other network participants, using the same proven technique that powers the Bitcoin Lightning Network and many Decentralized Exchanges.

Atomic Swap

Trade tokens securely knowing that both parties will either succeed or both parties will fail, ensuring a peace of mind without having to trust your trading partners to act in good faith.

Hashed Time-Lock Contract

Uses a hash to lock the tokens into a smart contract. Proper secret must be presented to claim the tokens. A timeout is also used to allow refund if either party fails to accept the terms of the trade offer.

Cross Token Swapping

Trade ERC20 (Fungible) tokens, ERC721 (non-fungible) tokens, or a mix of ERC20 and ERC721. This allows for use cases to pay for non-fungible assets using fungible tokens.

Simplifying Token Swaps

Tokens can be securely exchanged through the usage of Hashed Time Lock Contracts (HTLCs) that serve as digital escrow services. These contracts abstract the need for a third party settlement broker and offer “atomicity” for the proposed bi-lateral exchange. 

The security of these escrow smart contracts allow for any token owner to propose and execute token exchanges with other parties in the consortium with the peace of mind that under no circumstances would they lose their token due to malicious intent from their exchange counterparty. This content will explore the constructs of an HTLC and walk through the Kaleido Swap Service.

Benefits to Business

An enterprise business needs a tool to facilitate token swaps to enable efficient and secure trading of various digital assets within a blockchain ecosystem. By using a tool that automates these swaps, an enterprise can reduce the complexity and risk associated with manually conducting trades. It ensures liquidity, compliance with regulatory standards, and compatibility between different blockchain protocols.

The seamless interaction between various tokens that we enable is crucial for businesses dealing in multiple types of digital assets or diverse financial services.

By employing our specialized tool for token swaps, an enterprise enhances its operational efficiency, increases accessibility to different markets, and fosters transparency and trust in its blockchain-based transactions.

Why Kaleido

Everything You Need to Build Enterprise-Grade Digital Asset and Token Solutions

Kaleido's blockchain platform makes it radically simple for businesses to create complete web3 networks and applications. With just a few clicks, you can launch a blockchain network, deploy it globally, set up governance, and start plugging in familiar services.

Quickly Launch Blockchain

Launch blockchain networks in minutes
Choose from leading protocols
Select permissioned chains, appchains,  sidechains, or consortium chains
Deploy on AWS, Azure or on-prem
Stand up nodes worldwide in regions of your choice

Simplify Development to Get to
Production Fast

Access 40+ plug-and-play services for wallets, key management, storage, data, and more
Automate management and deployment with our fully API-enabled platform
Turn any smart contract into familiar APIs with our smart contract API generator
Make digital assets, NFTs, and consortia easy with our dedicated solutions
Mint, manage, and burn tokens at scale with robust tooling

All Backed by Enterprise-Grade Infrastructure and Support

Modern cloud scale architecture
Built-in high availability and disaster recovery
ISO 27k and SOC 2 Type 2 compliant
Integrate seamlessly with existing internal systems
Open source tech and no vendor lockin
24x7 support and SLAs
Additional Resources
Learn More About Token Swap

Ready to Get Started with Token Swap?

No Credit Card Required
ISO27K & SOC2 Type 2 Compliant
Free Training & Support