How does the system handle bid confidentiality?

Modified on Sat, 4 Oct at 4:10 PM

The system is designed to maintain strict bid confidentiality and ensure a fair, secure bidding environment.

Limited Visibility: Bidders are only able to see their own bids and their current rank (e.g., L1 for the lowest bidder in a reverse auction or H1 for the highest bidder in a forward auction).
Anonymity: The identities and specific bid values of other bidders are not disclosed during the auction. This prevents collusion and ensures that competition is based solely on price.