DAEX: An open and decentralized clearing ecosystem for cryptocurrency

DAEX (Digital Asset Exchange) is an open decentralized cryptocurrency ecosystem and its distribution expects to give clearing solution for cryptocurrency exchange. Clearing in DAEX is a type of understanding administration in executing digital currencies with the goal that exchange is accomplished, at that point exchange is recorded on innovation in the record and circulated through smart contracts. There are as of now a few organizations that have worked together with DAEX, and a few establishments, for example, the Qtum Foundation, Sora Ventures, ChainPE, InnoNext, 8 Decimal Capital and Jenga Blockchain Capital.

The motivation behind DAEX ecosystem

Giving better framework to the digital currencies exchanging industry has turned into the principal goal of the foundation of DAEX. By taking a sensible piece of the fundamental securities exchanging industry and by exploiting new open doors brought by record innovation.

Ecosystem DAEX

Having a decentralized market is viewed as more secure as far as resource possession, since wallets are gotten to utilizing special private keys by dealers. With the goal that when exchanging utilizing the record innovation contained in brilliant contracts utilizing the idea of shared exchanging wipes out the interest of outsiders to have control.

Chain Clearing DAEX, otherwise called DAEX Blockchain, will be the center result of the biological community. DAEX proceeds with this pattern with the formation of ASPoS (Accumulative Signatures for Proof of Stake) for use in the

DAEX Clearing Chain.

The Clearing Chain has a capacity as a way to store transaction data for different kinds of digital resources. This will show a cross-chain structure that backings associations with the Identity Chain and the Settlement Chain. The Identity Chain is a different blockchain, which will go about as a Distributed ID Center that supplements client enrollment, validation and identity management. At that point there will be an identity and confirmation process here, and the identity chain is another different blockchain, which will interface with the Asset Settlement and Registration Center. The fundamental goal of this inside is to encourage the enrollment of confided in digital resources and guide these advantages for the Clearing Chain. Having a capacity as a multi-resource wallet possessed by DAEX wallet will incorporate a multi-portion private key instrument.
DAEX is an open and decentralized clearing ecosystem for cryptographic money and extensions that interface digital exchange trades. This excessively fills in as a confided in watch for mutiple crypto resources. Clearing tenets and clearing are customized to complete smart contracts on the Clearing Chain DAEX (additionally alluded to as "clearing chain"). The automatic clearing process without outsider mediation. The objectivity of clearing is ensured by a consensus system on the clearing chain. The client's advanced set is enrolled and put away in the clearing chain. No other establishment or individual can get to this asset without the owner consent.

DAEX ECOSYSTEM

DAEX comprises of clearing services in light of conveyed, incorporated record innovation

Security - A joint caretaker association for every single enrolled resource in the DAEX biological community. Staggered encryption system for DAEX Wallet.

Transparent - An open clearing system that permits transparent accounting data. Enabling everybody to see and offer the advantages of the DAEX clearing ecosystem.

Open – public ecosystem bolster exchange and clean up framework that backings derivative business later on.

The establishment of centralized has a long history of being the fundamental focus for hacking group. It appears as though a week after week occasion where hoodlums can access and take assets from these exchange platform, with stolen sums of millions dollars.

Like a bank, this concentrated substance has finish power over assets when a merchant makes a store on the trade. They additionally go about as clearing houses that give arrange coordinating, clearing and settlement services. With this framework, brokers should completely confide in the trade to not just keep their asset securely from outside and internal dangers, yet in addition encourage the trade that happens. The cold wallet they use to store their client's digital currency permits hacking.

DAEX wallet

This is a wallet that provide support for numerous asset, which are accessed utilizing multi-segment keys.

Advance encryption keeps your wallet safely and secured. This permit final users take control and ownership of their cryptocurrencies asset.

DAEX CLEARING CHAIN

This is a flagship product of the DAEX ecosystem. It furnishes institutional traders and clients with integrated clearing and settlement services utilizing distributed ledger innovation.

DAEX FUND
ICO
The price is $0.07 per DAX.
Accepted currecy: ETH DAX[/ETH ratio will be announced 24 hours before the sale starts based on the price above.
Your KYC application must be approved before you can invest and there is no whitelist.
Soft cap = 7,000ETH Hard cap = 10,000 ETH
Private contribution: 2-100 ETH per user.
Opening Date: 1 PM GMT, September 9, 2018
Closing Date: 1PM GMT, September 14, 2018

DAEX Road Map

Quarter 1 2018 - Publish Non-Technical Daex Whitepaper

Q2 2018 - Publish DAEX Technical Whitepaper

Q4 2018 - Release the Clean Test for Beta Testing

Quarter 1 2019 - Release Main Net Version 1.0

Quarter 2 2019 - Release Main Net Version 2.0

Group

Benjamin Gu

Head of Strategy Officer

Hana Zhang

Speculation and PR

Jason Tang

Boss Architect

Stone Zhou

Engineer Wallet

Counsel

Justin Shi

Sanctuary University educators and individuals from the IETF

(Web Engineering Task Force)

Jianhua Huang

Relate Professor

David Nealis

Leader of Ceres Ltd,

Leo Shen

Author and CEO of Radarwin Technology

Patrick

Author of Qtum

Ling Tang

Ziggurat Tech Founder and CEO;

Will Jiang

360 Capital official chief

For my information about Daex, please visit this link.

Website: https://www.daex.io/
Whitepaper: https://www.daex.io/daexPaper.do
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2910479.0
Telegram: https://t.me/DAEXOfficial_en
Twitter: https://twitter.com/DaexBlockchain
Bitcointalk Profile link:https://bitcointalk.org/index.php?action=profile;u=1299546