Austrian cryptocurrency exchange Bitpanda has partnered with Vienna University of Technology to develop Pantos, an open-source platform enabling real-time arbitrage trading of tokens across different blockchains. The project also involves researchers from the Institute for Future Cryptoeconomics (RIAT).
Key Features of Pantos
Pantos addresses the growing fragmentation of blockchain tokens by facilitating cost-efficient cross-chain transfers, allowing traders to capitalize on price disparities between tokens.
Technical Implementation
- Supports Ethereum at launch, with plans to integrate Bitcoin, Litecoin, Lisk, Komodo, and Wave.
- Funded via an ICO (raising $14.8 million) for open-source development, not startup financing.
- Issues PAN tokens to incentivize ecosystem participation.
Academic Blockchain Initiatives
Vienna University of Technology has a strong blockchain research legacy:
- Ethertrust (2017): A project by Professor Matteo Maffei to enhance Ethereum smart contract security.
- German institutions like RWTH Aachen University and Fraunhofer FIT are also exploring industrial blockchain applications, including a KEX AG-led initiative to evaluate use cases in manufacturing.
FAQs
What is Pantos?
A decentralized platform enabling cross-blockchain token arbitrage, developed by Bitpanda and academic partners.
How does Pantos generate revenue?
Through its PAN token ecosystem, designed to fund ongoing open-source development.
Which blockchains are supported?
Ethereum at launch, with Bitcoin and other major chains following soon.
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Why is cross-chain trading important?
It solves liquidity fragmentation, allowing traders to exploit price differences across networks efficiently.
Who can contribute to Pantos?
Developers worldwide via its open-source framework.
This platform exemplifies academia-industry collaboration in advancing blockchain interoperability.