The blockchain is a globally distributed ledger that uses thousands of decentralized servers around the world to audit and confirm transactions. These can be simple transfers of money or complex smart contract outcomes such as the processing of trades. It is free of human intervention and by far, the most secure way of confirming transactions today.

In SPECTRE a trader may use the blockchain either as a way to fund their centralized trading account or as a way to trade without ever having to make a deposit by making use of the publicly available smart contracts.