Is it possible to create an application on a block chain without a native coin

Hello guys I’ve been pondering on some idea of creating a forex broker which will work on a block chain but i have some worries which I’m confused about…

  1. How can transactions go on in my broker if there is no coin to carry out mining activities what will the miners or validators earn as a reward of their services..

  2. Is it possible to use the blockchain only as a service of storage of information .. however this still brings us back to the first question what then will be the criteria to validate the information before storing in the blockchain…

  3. Is it possible to do run a block chain service in line with a fiat trading platform??

Leave a Reply

Your email address will not be published. Required fields are marked *