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.
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:
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
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