Welcome to the DACX Project, (Digital Asset & Commodity Exchange).
https://dacx.io/
Peace be with you wherever you are right now. In this meeting, I will explain a future project that will work as a next generation exchange project that seeks to increase its competitors in the arena of exchange in the fields of security, compliance, and speed.
The project will also list STOs and fractionation and tokenising of traditional commodities such as Real Estate and Precious Metals. Well, for more details about all the work procedures of this project, let's follow all my notes below.
About the DACX Project.
The DACX project, (Digital Assets & Commodity Exchange) has used artificial intelligence and high-performance computing technology, optimized to provide compatible, efficient and market-compatible product solutions for institutional and retail class customers.
The DACX project will bridge the gap between physical commodities and digital assets, promote the reuse of limited resources to drive global economic circles and commit to creating the highest global cryptocurrency exchanges that serve the entire Blockchain industry.
Based on Blockchain Technology, and Accelerated Through Level39.
The DACX project is a new startup that began in the third quarter of 2018. There are many digital asset exchanges out there, but the DACX Project is unique with machine learning incorporating and DLT into it, and ensuring security in DACX as a better, and safer digital future market. .
The DACX project is more temporary than traditional cryptocurrency based trading platforms. It offers products and provides services for various classes of clients such as professionals, institutions, and business people in the retail sector.
The DACX project adds confidence in the fragmented landscape of new digital assets for processing fast and transparent complex transactions when matching orders and eliminating market inefficiencies.
The DACX project creates digital asset management tools and develops an interface that allows customers to take full advantage of smart economies around the world.
The DACX project has a vision that will become a unifying bridge between the old financial markets and the developing digital economy. And the mission to be achieved in our project is to become a reliable supplier of digital currency and regional authority in Blockchain technology so that an intelligent economy works for everyone thanks to empowerment, transparency and innovation throughout the world.
Vision and Objectives of the DACX Project.
The DACX project is very high, and therefore, its achievements require partnership and affiliation. This partnership is in the Blockchain Technology community, and has helped the major steps that have been made on the DACX Project.
One such goal is the STO list.
To this effect, the DACX Project fully incorporates design compliance into the foundation of the project structure to prevent future regulatory problems. Procedures such as KYC, AML, and AMM are used by platforms to monitor these risks and prevent fraudulent activities. This partnership also involves software transfer. So partnering with some of these infrastructure providers provides access to software such as trade matching machines.
This software helps create the most suitable orders, offers and offers. The operation of a trade matching machine is based on a sophisticated algorithm. The algorithm uses a multi-threaded process, which is difficult to find. One of these partners is Modulus Global who has several years of experience in financial technology, and HPC.
This combination of effective trading solutions is why the DACX Project can cover more than ten million transactions in one second. New technology enables global businesses to reach new audiences around the world to ensure a path for international clients now than ever before.
Organizations have been hampered by not making sure that multi-lingual support is part of an ongoing strategy, customers must always be at the core of your business goals, and part of this gives them a smooth experience. A multilingual help desk, whether at home or obtained through an outsourcing company is key as the product grows.
A trade matching machine is software that is used to match purchase orders, offers, and with sell orders, offers. This is the most important part of every exchange because it is what allows users to trade with each other and all the reasons why they are registered on the platform.
Suitable trading machines follow an algorithm that determines the set of rules they must obey, how they work, how many orders they can handle on how many pairs and how long. The multi-thread process is more profitable, but only a few crypto exchanges implement it because it requires more work, experience and time to build.
Therefore partner with Modulus Global infrastructure provider, Modulus, a twenty-year-old developer who specializes in HPC and financial technology, and has provided sophisticated technology products and services to clients including :
- NASDAQ Stock Market
- JP Morgan Chase
- Bank of America
- Credit Suisse
- Barclays Capital
- Goldman Sachs
- Merrill Lynch
- Fidelity
- TD Ameritrade
- Devon Energy
- IBM
- Microsoft
- Yahoo
- Google
- Cisco
- Adobe
- Ford Motor Company
- SAS Institute
- Rutgers University
- The University of Chicago
- MIT
- Oak Ridge National Laboratory
- NASA, And thousands of other corporate, educational, government and non-profit institutions, in all 94 countries since 1997.
Their high-frequency trading solution, allows the DACX Project to provide ten million transactions per second from the start and can be increased up to 8X if and when needed. In comparison, Bitfinex can handle around one million transactions per second, and Binance is only a little more - around 1.4 million.
With latency as low as 40 nanoseconds, your portfolio can now rise and fall 1.5 billion times in one minute. Even NASDAQ, with latency of 400 microseconds is 10 times slower. Unlike Nasdaq SMART, Modulus solutions track money laundering in crypto exchanges.
The system in the DACX Project uses a deep learning neural network to identify hidden relationships in exchanges and even within the Blockchain.
DACX Exchange will list USD Stable coins with the BTC Pair. Exchange will use the following trading system on their platform :
- Spot trading for token and coin varieties that meet the terms and conditions of exchange terms and conditions.
- Main and secondary offer of security token market.
- Margin trading in Crypto and Fiat and currencies.
- DEFI.
The DACX project will provide a friendly user interface for the proposed exchange and it will support Android, iOS, and Client Websites. (All users will be able to navigate and use the platform effectively because of its simplicity).
DACX token.
DACX issues its own service token called DACX Token. Strict limits were set at 786 786 786 DACX, which never increased, and total consumption would decrease due to frequent token burning. The DACX token will initially work on the Ethereum Blockchain according to the ERC20 token standard. The DAXC project will add connection coins and utility tokens that have strong credibility, user base and liquidity.
Token Distribution.
After Pre-Registration is complete and before launching, IEO will be launched on DACX Exchange.
As an incentive, the first IEO from DACX Tokens will provide a "No Base List Fee" ticket which is valid for future IEO or Token Lists, for buyers & holders of a number of DACX Tokens.
The minimum amount & duration of detention to be eligible for "Free Ticket" will be announced before IEO. The use of "Free Ticket" requires a minimum DACX Token balance for the applicant's account so that it does not fall below the minimum required amount, from the time of purchase to ticket use.
Road Map on the DACX Project.
- September 2019 = Pre-Registration.
- October 2019 = Pre-Launch of IEO.
- Q4 2019 = Exchange Launch.
- Q4 2019 = Fiat Gateways.
- Q1 2020 = Extending Operational Jurisdiction to EU & Asia.
- Q1 2020 = Cross-border Payment.
- Q1 2020 = STO Integration.
- Q1 2020 = Virtual Debit Card.
- Q1 2020 = Bridge Remits & Exchange.
- Q2 2020 = Margin Trading.
- Q2 2020 = DEFI - Loans.
- Q2 2020 = Expand Operational Jurisdiction to NA.
Success Team on the DACX Project.
- Cheudhry Zeeshan = Founder | CEO.
- Frans Klerks = Head of Marketing.
- Lisa Li = Regional Marketing & Communication.
- Tarima Ismail = Cyber Security & Blockchain Engineer.
- Curtis Pavlik = Regional Sales & Operations.
- James Wackett = Regional Business Development.
- Frass Masroor = Full Stack Developer.
- Umair Jawaid = DevOps & Platform Engineer.
- Peter Macdonald = Business Partnership Strategy & Strategy Division.
Successful crypto exchanges in the future are those who do all this and more. The DACX project is looking to do tokens and divide all assets and commodities which are a sure path to the future when finance and traditional stocks begin to join Blockchain, and Cryptocurrency.
The DACX project will be one of the first exchanges to build a bridge between the two and if successful, it can become one of the financial giants in the new financial world in this world.
If you are interested in joining us, or you want to more clearly know all the procedures, and the latest developments from this DACX project, I have provided a few links below that you can see immediately :
About me as a writer :