Atomic swap

Scorechain is a leading crypto compliance and blockchain analytics platform helping businesses monitor, investigate, and report digital asset activity with confidence. Trusted by regulators, VASPs, Crypto and financial institutions worldwide

What is

Atomic swap

?

An atomic swap is an exchange of one cryptocurrency for another using smart contracts rather than centralized exchanges (CEXs).

An atomic swap relies on a special kind of smart contract named hash timelock contract (HTLC). With this kind of contract, users must confirm, within a timeframe, that they have received the funds. If they fail to do so, the contract cancels the trade and the original owners will get back their assets.

Talk with one of our experts

Partner with a leader trusted in over 45 countries for blockchain compliance
Stay ahead of regulatory changes with our fully automated solution and continuous innovations
Incorporate effortlessly blockchain AML/CFT into your current systems and workflow
Prioritize Data Privacy with Scorechain's commitment to transparency
Anticipate risks with our advanced predictive threat detection
350+ Compliance & Digital Asset teams have trusted us since 2015