DAEX: The Clearing Solution For Centralized Cryptocurrency Trading Is Here!!!
In our world today, digital currency (cryptocurrency) has been drawing a lot of attention and so many people have invested into the cryptocurrency market thereby making huge profits. This cryptocurrency investments are online investments which is based on the blockchain technology and it has much gain or interests to the people who invest into it. With the innovation of digital currencies, two types of cryptocurrency trading exchanges were created, centralized exchanges and distributed exchanges and they had its own advantages and disadvantages.
Despite the innovations that came to cryptocurrency trading, It did not have a very good infrastructure. A platform has been created to make crypto trading more efficient and secure. This platform is known as the Digital Assets Exchange (DAEX).
DAEX is an open and decentralized clearing and settlement ecosystem for cryptocurrency exchanges. It is a platform that provides exchanges and traders with a more efficient and trustworthy trading environment.
The main goal of DAEX is to offer a better infrastructure for the cryptocurrency trading industry by captivating the reasonable parts of the mainstream securities trading industry and also by taking advantages of new opportunities brought about by the distributed ledger technology. The solution of DAEX will be an open sourced clearing service that would be based on a public blockchain. Its code is open for public inspection and supervision.
These days, we see that the fast development of cryptocurrency trading now calls for a more efficient and secure clearing service. It is obvious that after a series of hacker thefts and security incidents, many exchanges have to come to the agreement that a common clearing and asset custodian service is required to protect the market and to guarantee the sustained growth of the market. DAEX is therefore the answer to this need of the market.
The DAEX ECOSYSTEM
It is known that a decentralized market is considered to be more safe in terms of asset ownership, because wallets are accessed using unique private keys by traders. This is true when trading is used with the ledger technology contained in smart contracts. When the smart contracts are used with the concept of peer to peer trading, it eliminates the participation of third parties to have power over. The Chain Clearing DAEX, also known as DAEX Blockchain, will be the core product of the ecosystem. DAEX continues this trend with the creation of ASPoS (Accumulative Signatures for Proof of Stake) for use in the DAEX Clearing Chain. With the development of the DAEX ecosystem, the types and quantities of digital assets registered on the clearing chain will grow rapidly.
Some of the characteristic features of DAEX include:
It is Transparent : This provides an open clearing chain that engages direct accounting information. which would then empower everyone to watch and offer the upside of DAEX's clearing natural network.
It is Secure: This provides a joint manager relationship for each and every selected asset inside DAEX condition. A stunned encryption framework for DAEX Wallet.
It is Open : This provides an open condition reinforces trading and clearing an establishment supports future subordinates business.
ROADMAP OF DAEX
DAEX is currently open on advertise and arranged for exchanges. These exchanges include:
LBANK — https://www.lbank.info/
BCEX — https://www.bcex.ca/coins
INDODAX — https://indodax.com/
ALLCOIN — https://www.allcoin.com/coins
It is wonderful to know that DAEX already penetrated the South korean, Thai, Russian, Singaporean, Indonesian, and Australian markets and recently. DAEX expanded its Global ecosystem further with strategic investments in identification technology group IAME. By partnering with IAME, the company aims to better improve its product’s technical advantages.
DAEX is a great platform that has a bright future. Go for DAEX today and enjoy its benefits!!!
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 fireman2001: https://bitcointalk.org/index.php?action=profile;u=1759573