Creating an Anchor

Any participant on Keeta Network can create an anchor to any external system. The anchor hosts can set the rules for their own anchor and charge fees as desired. To allow for a competetive marketplace, there is no limit to how many participants can host the same anchor. For example, if five different banks host an anchor to the same domestic payment rail, network users can determine which bank's anchor they would like to utilize, based on the fees, rules, and performance of the anchor. The same dynamic is true with connected blockchain networks and their native digital assets.

Some anchors may choose to join the network as a public anchor, hoping to attract as many users as possible. Other anhcors may choose to join the network as a private anchor for a specific group. Using the banks as an example again, one bank may host the domestic payment rail to any local citizen while another bank hosts the same domestic payment rail specifically for users that are certified members of their bank.