Cryptocurrency exchange with orders
However, since Coinbase operates in a highly regulated environment, the company takes extra measures to ensure customer data is protected�even from its own data scientists and engineers. Businesses can use a purpose-built solution using Amazon QLDB , that provides them a centralized ledger for auditing and record keeping purposes, utilizing a scalable, serverless architecture that allows them to easily verify integrity of past records, trigger AWS Lambda events to process other workflows such as caching the history for querying in Amazon Elasticsearch, transforming and loading the data into an Amazon Redshift cluster, or storing the data in an Amazon S3 data lake. Businesses also look for solutions that provide a digital-driven operating model through crypto and blockchain technology that ensures increased transparency, accurate tracking, a permanent ledger, and cost reduction. Like all financial services companies, Coinbase needs to provide a seamless experience for consumers while taking steps to secure the environment in which they operate. The insights gained from building anti-fraud algorithms also allow Coinbase to tailor experiences based on user types�a simple and intuitive way to segment retail-level investors who buy and hold, versus sophisticated pro users who trade a lot.
