DACX: A Digital asset and Community Exchange Platform

Society has advanced more in the past several decades than it has in a millennium. Despite all our technological and societal advances, we struggle to overcome some of the same fundamental challenges -global poverty, disease, and the distribution of wealth and power, to name just a few.Crypto-currencies have developed over the last few years, and have grown from a concept to a relatively stable investment for many.With the rise of a small number of big tech companies and governments using technology to watch their citizens, many people now believe technology only centralizes power rather than decentralizes it. There are important counter-trends to this like encryption and cryptocurrency that take power from centralized systems and put it back into people’s hands. Humanity has a long way to go and our product offerings cater solutions to the retail sector, professional and institutional grade clientele.
Before I proceed on this work, lets take a look at the video to have an insight on what DACX is all about:

DACX
Digital Asset & Commodity Exchange leverages artificial intelligence and high performance computing technology, optimized towards providing an efficient, secure and compliant marketplace with product solutions for both institutional grade and retail clientele. Our emphasis is on fractionalization of all forms of assets and commodities via tokenization. To bring more opportunities for inclusion for all types of investors, which in turn adds further liquidity to these traditional markets.
DACX is bridging the divide between physical commodities and digital assets, promoting the re-utilization of finite resources to drive the global circular economy. By hosting advanced security features, DACX implements machine learning for real-time market surveillance to prevent suspicious activities and security threats & utilizes KYC/AML on-boarding for its clients.

GOALS
To provide a platform for both primary and secondary markets beyond traditional cryptocurrencies by venturing out into the world of tokenized securities and commodities.

VISION
To provide a next generation digital asset exchange which leverages machine learning and DLT to ensure a safe and compliant marketplace.

CHALLENGES AND SOLUTION
Theft and Hacks
Poor Architectures / Slow Order Matching Engines
Uncertainty of Funds / Fiat Withdrawals
Non-Disclosure of beneficiaries
Market Abuse & Manipulation

FEATURES OF DACX
2FA
Crypto to Fiat
Banking Rails & Settlements
Anti DDOS
Hardware Wallet Support
Foundry
MultiSignature Wallets
Universal Wallet-Remit Cross border payments
Virtual Debit Card
Security Tokens

ROADMAP
Q3 2018
DISCOVERY
Conceptualize
Market Research
Identified Constraints
Business scope
Risks Mitigation
Seed funding

Q4 2018
INCEPTION
Branding
Core team building
Technology Partnership
Incubate and Accelerate- Level39
Multi Jurisdiction regulatory strategy implementation

Q1 2019
INNOVATION
Website and IT Infrastructure- DACX.IO
MVP Development- DAXC Exchange
Testing 3rd Party- KYC/AML layers
Fintech week exhibit- Introducing DAXC
GFIN Regulatory application affiliation with innovative finance
Direct engagement with regulators in multi jurisdictions

Q2 2019
REGULATIONS
Launched MVP on DAXC Exchange
Development of MVP for mobile universal wallet
DACX announced as 8 finalists for GFIN regulatory pilot
Further Partnership and alliances explored
DACX participates in consensus 2019

Q3 2019
PRODUCTION 1.0
Regulator testing plans development
Tokenomics
DACX smart contract development in ethereum testnet
DACX test contract audit
DACX smart contract live on ethereum mainnet private sale
DCX exchange deployment alpha release WEB OS

Q3 2019
PRODUCTION 2.0
DACX foundry primary issuance IEO platform deployment alpha WEB OS
Release map
Release Whitepaper
Community building
DACX Exchange mobile apps deployment for android and IOS
Penetration Testing UI/UX testing
DACX Pre-registrations
Pre-launch IEO

Q4 2019
VALIDATION
Prelaunch IEO
Exchange launch
Fiat Gateway
Structure BTC Products
DACX Remit universal wallet
Deployment Alpha
Testing DACX Remit universal wallet
Develop hyperledger environment for settlement engine

Q1 2020
EFFICIENCY
Expand operational jurisdication in EU and Asia
DACX foundry security token issuance under regulatory pilot
Launch DCX Remit universal wallet
Bridge Remit and Exchange

Q2 2020
SCALE
Margin Trading
Defi-lending
Renewal of DACX "Phase 3"MVP
Expand operational jurisdiction in North America

MEET THE GREAT MIND BEHIND THIS WORK
ZEESHAN CHAUDHRY
Founder and CEO

FRANS KLERKS
Head of Marketing

LISA LI
Regional Marketing & Communication

ISMAIL TARIM
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 Strategist & Partnership Commodities Division

ADVISOR
RICHARD GARDNER
CEO Modulus Global

LAURENCE KIRK
CEO of Extropy.IO

For more information, Please visit the following sites:
Website: https://dacx.io/
Whitepaper: https://dacx.io/wp-content/uploads/2019/09/DACX_WhitePaper.pdf
Twitter: https://twitter.com/dacx_io
Medium: https://medium.com/@dacxinc
Facebook: https://www.facebook.com/dacx.io
Linkedin: https://www.linkedin.com/company/dacx-group
Telegram: https://t.me/OfficialDacx
Github: https://github.com/DACX-io
ANN thread: https://bitcointalk.org/index.php?topic=5154783.0

Author: Seunola
MyBitcoinTalk profile: https://bitcointalk.org/index.php?action=profile;u=1925064
ETH Address: 0x3eb48CF7E0A5570540641DD8263cA40e307562e9