Methods for exchanging and evaluating virtual currency

A non-transitory machine-readable medium having stored thereon computer-executable code that when executed by at least one hardware processor the at least one hardware processor performs:

• receiving a request for a transaction based on request from an initiating party, wherein the request is for a transfer of at least one type of cryptocurrency token in exchange for an other type of cryptocurrency token;
• determining at least one of:
• a price of the at least one type of cryptocurrency token, and an amount of at least one of the at least one type of cryptocurrency token and the other type cryptocurrency token obtained in exchange of one another,
• wherein the determining at least one of the price and the amount is based on a group of parameters comprising:
• a total amount (Tt) of the at least one type of cryptocurrency token in circulation,
• a total reserve (Tr) of the other cryptocurrency token in a reserve, and
• a reserve ratio constant (Rr) predefined as a ratio between the total reserve and a token market cap;
• and
• executing the transaction, wherein the at least one type of cryptocurrency token is transferred from an address controlled by a user to an address controlled by an operator, and the other type of cryptocurrency token is transferred from the operator to the user.

A secure ledger network for executing cryptocurrency transactions, the secure ledger network comprising:

• at least one hardware processor, and
• a non-transitory machine-readable storage medium having an executable computer readable program code,
• the at least one hardware processor being configured to execute the computer-readable program code to:
• receive, by the secure ledger network, a request to execute a transaction related to a first cryptocurrency token by executing a smart contract validated by the secure ledger network, wherein the smart contract determines at least one rule for performing a transaction related to the first cryptocurrency token,
• wherein an execution of the transaction comprising at least one of:
• determining a price of the first cryptocurrency token, and
• determining an amount of at least one of the first cryptocurrency token and an other cryptocurrency token obtained in exchange of one another,
• wherein the determining the price and determining the amount are based on a group of parameters comprising:
• a total amount (Tt) of the first cryptocurrency token in circulation,
• a total reserve (Tr) of the other cryptocurrency token in a reserve, and
• a reserve ratio constant (Rr) predefined as a ratio between the total reserve and a token market cap;
• perform the transaction by executing the smart contract by the secure ledger network;
• and
• update a secure ledger maintained by the secure ledger network about a completion of the transaction.