The decentralized clearing network Yellow Network has launched its testnet phase

ChainCatcher news, the decentralized clearing network Yellow Network has launched its testnet phase. According to the team, the testnet will utilize a clearing system (clearing synchronization). The focus is on testing key functionalities of the trading terminal, including but not limited to: opening and closing clearing channels with counterparties; off-chain market trading; using blockchain-hosted swaps for trade settlement; deploying broker nodes and mining liquidity. Upcoming features include cross-chain settlement and enhanced security measures.