Options and Futures on the Blockchain Board of Derivatives – The Merkle

Dublin, Geneva, Gdansk , 9/16/17. You remember the story of when your uncle lost his shirt trading a “hot stock tip”? Usually, cryptocurrencies are no different. Market timing is key in all of investing. That’s why cryptocurrency holders need to get a grip on crypto-derivatives to secure their wallets from volatility!

Built on the Ethereum distributed ledger the Dublin-based Blockchain Board of Derivatives (BBOD) is designed to be the world’s first, autonomous, on-chain derivatives execution venue, which allows trading cryptocurrency smart derivatives contracts (futures and options) with high liquidity and unprecedented security.

BBOD’s international and highly experienced team of scientists, programmers and coders with professional experience acquired in IBM, Hewlett Packard, CERN and Max-Planck Institute. The team came to realise, that cryptocurrency holders, right now,  need a secure and highly liquid derivatives market with a listing service for the growing number of digital tokens.

Backed by cryptography researchers from National University of Singapore and National Quantum Information Centre (University of Gdansk), BBOD claims to provide the unbreakable on-chain encryption of all sensitive transaction data like price and volume by using elliptic curves post-quantum cryptography, which is secure against all known quantum algorithms. This solution protects members from abuse by greedy miners and front-running.

The ex-Bunge commodity-options trader and founder, Krzysztof Urbanowicz, Ph.D, explains, that high liquidity is guarenteed by a unique hybrid market composed of frequent batch auctions and an autonomous market maker. By its nature, this design provides members with high liquidity, reduced spreads, and prevents HFT-style “flash crashes”. Additionally, to accommodate a decentralized network effect our liquidity is supported by Reserve Contributors, who utilize their idle cryptocurrency in exchange for a reward by collecting a percentage from trading fees.

Aside from trading service, BBOD offers an easily accessible solution, that allows all members to list their tokens on the auction market, either to facilitate derivatives trading or physically convert tokens.

The platform’s roadmap lays out its future path to develop single venue for cryptocurrency owners to trade derivatives, convert cryptocurrencies and list new and existing tokens on the market.

MVP (minimum viable product) will be relaeased at the end of September 2017 and will permit trading options and futures on Ethereum.

The Blockchain Board of Derivatives (BBOD) and its unparralel security and liquidity enhancing technique is an absolute necessity for anyone who wants to protect their cryptocurrency portfolio from market volatility or just speculate on the markets to rise or fall.

Approved Advisors

Core team Members

  • Piotr Arendarski, Ph.D – founder, finance
  • Krzysztof Urbanowicz, Ph.D  – founder, econophysics
  • Hubert Olszewski – founder, marketing and P&R
  • Alexandros Agapitos, Ph.D – machine learning
  • Marcin Pawłowski, Ph.D – quantum cybersecurity
  • Andrzej Urbanowicz – software architect
  • Paweł Urbanowicz – software development
  • Michał Żadkowski- web design, UI experience
  • Jakub Ruczyński – web developer
  • Mateusz Kara – legal advisor


  • Prof. Janusz Hołyst – econophysics, Warsaw University of Technology
  • Junghee Ryu, Ph.D – quantum cybersecurity, National University of Singapore
  • Vladimir Dubinko, Ph.D – quantum physics, Quantum Gravity Research
  • Quant Technology –  technology partner, research-driven technology company


The BBD token issue starts October 1st, 2017 at 8 a.m. GMT, and is open for buyers at a discount until and including October 15th, 2017.

Our token issues at a 40% discount on October 1st, and gradually decreases its discount until 1ETH = 1BBD token, this being the final price. We sell a maximum of BBD tokens issued, worth a total of ETH200.000.

Go to http://www.bbod.io/ for more information or read our WhitePaper in English on our Homepage and follow us at Twitter, Linkedin and Slack.

This is a sponsored press release and does not necessarily reflect the opinions or views held by any employees of The Merkle. This is not investment, trading, or gambling advice. Always conduct your own independent research.

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