Introducing DAEX: The Cryptocurrency Clearing Solution Based On The Technology Of Blockchain!



The Digital Asset Exchange (DAEX) is an open digital currency ecosystem which aims to provide clearing solutions for the exchanges of digital currency. The main objective of DAEX is to provide better a infrastructure for the digital currency trading industry. DAEX has a mission to segregate clearing and trading into particular components, which would then make a multi-asset wallet for the two endeavors and merchants.
There are currently two types of cryptocurrency trading exchanges, centralized exchanges and distributed exchanges. Each type has its advantages and disadvantages. DAEX outfits the two exchanges and merchants with a more gainful and dependable trading condition.

The goal of DAEX is to provide a better infrastructure for the cryptocurrency trading industry by taking the reasonable parts of the mainstream securities trading industry and by taking advantages of new opportunities brought about by the distributed ledger technology. Specifically, trading and clearing will be separated into different entities. The Current centralized exchanges will continue to provide trading service. But the clearing work will be handled over to a common clearing service which is based on the DAEX solution. But, different from current centralized clearing services, the DAEX clearing service is based on distributed ledger technology. The distributed ledger technology guarantees that trades are correctly and safely cleared and settled. By using distributed ledger technology, trader’s assets are kept in their own accounts on the blockchain. No one else can access traders’ assets without their permissions. This effectively removes trader’s asset risks in current centralized exchanges. The DAEX solution will be an open sourced clearing service based on a public blockchain. Its code is open for public inspection and supervision.

THE DAEX ECOSYSTEM

DAEX ecosystem is composed of a clearing service that is based on distributed ledger technology, centralized exchanges and user wallets. Traders use their wallets to perform trades on exchanges. After trades are matched at exchanges, exchanges send matched trades to the clearing service. The clearing service CaaS is performed by smart contracts on the distributed ledger technology. During the initial phase of DAEX, cryptocurrencies will be serviced.

During future phases of DAEX, cryptocurrency derivatives will be serviced. That means that DAEX will provide clearing service for cryptocurrency derivatives traded on exchanges.



This DAEX ecosystem is very unique and efficient as it offers security, Trust, And an open platfrom for crypto traders.
The cryptocurrencies industry is still in its very early stage. Inevitably it has many problems, just like the internet industry in its early stage. But, it has a strong growth potential which is probably many times greater than that of the internet industry. The goal of the DAEX ecosystem is to help the industry grow in a more orderly and secure way by providing a solid infrastructure that benefits many industry players.

DAEX already penetrated the Russian, South korean, Thai, Singaporean, Indonesian, and Australian markets and is currently open on advertise and arranged for exchanges. These exchanges include:
INDODAX — https://indodax.com/
BCEX — https://www.bcex.ca/coins
LBANK — https://www.lbank.info/
ALLCOIN — https://www.allcoin.com/coins

ROADMAP

Ø Quarter 1 2018 — Publish DAEX Non-Technical Whitepaper
Ø Quarter 2 2018 — Publish DAEX Technical Whitepaper
Ø Quarter 4 2018 — Release Test Net for Beta Testing
Ø Quarter 1 2019 — Release Main Net Version 1.0
Ø Quarter 2 2019 — Release Main Net Version 2.0

DAEX is indeed unique and efficient. Join the DAEX platform today and take advantage of what it offers!!!

For More Information About DAEX, Please Visit The Following:
WEBSITE: https://www.daex.io/
TWITTER: https://twitter.com/daexblockchain
TELEGRAM: https://t.me/DAEXOfficial_en
WHITEPAPERS: https://daex.io/whitepaper.html

Authored by nephireal: https://bitcointalk.org/index.php?action=profile;u=2211369






Comments

Post a Comment

Popular posts from this blog

Image
MEDCHAIN: SECURING HEALTH RECORDS! In the World we live in today, there are two primary challenges that is faced by Electronic Medical Records (EMR) and electronic protected Health Information (ePHI) systems are data security and interoperability. It is also noticed that Healthcare continues to lag far behind other sectors when it especially when it comes to implementing security and interoperability. It is literally costing lives and it is time for things to change. A platform has been introduced to solve these challenges and problems. Have you heard of MEDCHAIN? MEDCHAIN is a platform that is offering a blockchain and distributed storage solution for Electronic Medical Records (EMR) and electronic Protcted Health Information (ePHI). The mission of MedChain is to use blockchain technology to establish a better, more secure and transparent framework for Electronic Medical Records (EMR) that vastly improves the quality of care for patients while reducing healthcare providers
Read more

Capital Technologies and Research: RevolutionizingThe World Of Messaging Through Blockchain Technology!!!

Image
Introducing Capital Technologies and Research: RevolutionizingThe World Of Messaging Through Blockchain Technology!!! In our world, we see that Telecommunication is an important part of the human life and people use communication to meet up their daily necessities as well as demand. On the other hand, the modern world invents exclusive technologies for the  Telecommunication  world.  The Capital technologies, as well as research, has created a great platform for the communication sector. This platform also makes the best solution for communication. By using this platform, you will get beneficial voice calling as well as the messaging system. There are low fees in this system.  Capital technologies  and  Blockchain technology :  The blockchain technology is used all over the world.  It is a decentralized database that keeps records data, such as finance contracts, supply chain information and physical asset; it is also divided into two phrases: Block and Chain.  The maximum
Read more
Image
Introducing CRYPTONITY: The Crypto Community Exchange Is Here!!! Hi all it's another new venture I need to present to you today called "cryptonity" with the manner in which things are extremely going in the technological world and In the cryptographic framework today, a few people free trust in a significant number of the trading platform because of uncertainty and high exchange rate, in the vast majority of the exchanging framework this has been the issues which we are confronting today. and guess what? cryptonity trading platform is here to solve those problems!!! WHAT IS CRYPTONITY? To my understanding it is a combined of two words to frame the name "cryptonity" which is crypto and community in other way conveying clients to the crypto world and being easy to use. WHY CRYPTONITY? Configuring a digital currency trade isn't a simple assignment. introducing a trade that gives an entire arrangement of apparatuses and highlights is a considerabl
Read more