autonomous Options In the blockchain the inbuilt hedge

[jam2ja]

Might it be possible to create an autonomous option within the blockchain? Example you buy the right to buy bitcoins at the price of 1100 US dollars.
When price of bitcoin is at 1000 at a certain time, like one month, someone gives their bitcoin up. Or visa versa with sell. I understand that bitcoin has no inbuilt price, yet nor does a currency and they still buy/sell/trade options. One of the big problems with the derivatives markets is the lack of accountability, maybe the blockchain could somehow fix this, a super wallet working in conjunction with bitcoin. Earning interest on your coins.

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[kolloh]

This doesn't sound like something that would be right for the Bitcoin blockchain. However, I could see the use of a separate blockchain used to keep track of buy/sell orders for a particular exchange for increased accountability. I am sure someone could come up with an entire exchange that operates via a separate blockchain, but it definitely sounds like it would be complex and require quite a bit of time to create.

[Jet Cash]

The whole point of Bitcoin is to escape from the restrictions of fiat currencies. There are many 3rd party solutions to the need to link Bitcoin to various other assets and currencies. I'm sure there are sites that offer derivatives trading facilities.

[jam2ja]

Was thinking more that the problem with the derivatives exchanges, and binary exchanges is that they sell or buy more than they have. If the bitcoin could be locked and then release.. taking the time and price into consideration, through some sort of open blockchain technology, that might be a good way to buy and sell the coins. Every online exchanges is potentially corrupted..the blockchain not though?