DAEX Blockchain : A cryptocurrency Clearing Solution Based On Distributed Ledger Technology.
Introduction.
In a broad scope, digital currency innovation moves up but does not include some challenges. Those who started using Blockchain technology innovation as soon as it was available to have a significant history to write about this extraordinary and new progress.
Countless explorations (around 15%) have taken advantage of invisible assets such as agricultural services, the travel sector, hotel bookings, transportation, shipping sectors and many others that they benefit from those not yet found while many out there have not yet entered of untapped assets. The creation of blockchain innovation has put forward to address the delivery of countless digital assets, each of which needs to eliminate the problems faced in our daily lives.
Clearing services can be referred to as a means by which an institution runs as a third party (intermediary) between the implementing parties, their services are to provide productivity and an efficient mandate exchange.
Big profits from digital assets are often obscured by trust and security issues. In the present situation, the digital asset market has countless complications, along with its predisposition to market instability and price variations and inadequate security and transparency. One of the challenges is the episode Repetitive security - In the latest blockbased-based digital asset market, there is a lack of clear restrictions, transparency and security. This makes participants vulnerable to dangerous attacks and theft. Security events are routine. It consists of hacks that are carried out both against different investors and exchanging digital assets. The recent hacking of the Coincheck exchange has led to a global market decline in the value of digital assets.
Second, the problem of Solution is Not Perfect Clearing - currently, the digital asset market does not have a clearing ecosystem built for specific purposes, but most product solutions have additional clearing functions, which are not built anywhere in the clearing business course. However, in the direction of building a clearing environment for Blockchain 3.0 that is built with mutually safe and sensitive objectives, it is a consequence of having to reengineer and improve many fundamental blockchain protocols.
Third, Lack of a Safe and Trustworthy Organization - The expansion of the mechanism for clearing conformist digital assets has stalled, with existing resolutions deteriorating to produce a consistent clearing mechanism for digital assets in various digital asset exchanges. In the direction to solve these problems, the market wants an innovative clearing solution that offers harmless and trustworthy services for all types of digital asset processes that include the ability to use these assets on various platforms. To achieve this, important clearing solutions must also embrace reliable digital asset wallets based on blockchain technology that will not only solve market suffering but also offer additional functionality when digital asset trading is involved, leading to trustworthiness.
Blockchain technology as a trusted and distributed ledger introduces a disruptive way to revitalize the structure of existing Clearing services through its potential to streamline the implementation of Clearing in near real time and in a transparent, cost-effective manner.
Our goal:
The goal of DAEX is to build an ecosystem that clears digital assets that are circulated using clearing and multi-asset blockchain-based clearing protocols. The network will separate assets and transactions, empower token-based certification and streamline the transaction process. This will allow for harmless and more resourceful distributed registration, cleaning and replacing digital assets. Using this as a basis, DAEX will help the digital asset market as a whole, starting from exchanging digital assets including several interconnected nodes for handling certain digital assets.
DIGITAL ASSETS EXCHANGE (DAEX) is the development of the blockchain revolution whose core design is to diffuse digital assets (cryptocurrency) in the clearing ecosystem. DAEX was created to examine problems faced by crypto fans globally that combine; value deviation, low market volatility, liquidity between different disasters. DAEX will help solve the problem in the midst of trading a large number of cryptographic currencies, giving holders of cryptographic currencies a path that can be trusted to store various digital assets that will be acquired when needed. Adopters of this development will occur in a transparent, fast, simple and decentralized way that allows everyone to witness and share the rewards of the clearing ecosystem, DAEX will immediately carry out innovative item placement work.
The Clearing Chain is the core chain of the DAEX clearing ecosystem. The request layer supports complex cross-chain buildings that allow it to connect various chains, along with the Identity Chain and Cleaning Chain. With various levels of side chain features on exchange, this system is smart to meet high joint demand. DAEX Wallet is a car used for digital asset management and decentralized clearing services. Based on the organization of the Clearing Chain, a separate and logically autonomous ID and Asset Registration & Asset Registration Center was established simultaneously, thus creating a clearing value chain and comprehensive settlement not including ecosystem governance protocols. This "multi-center" ecosystem is classified as uncovering countless integral boundaries of the blockchain protocol, confirming that distributed networks can relate to exterior data safely and consistently. As part of this development, the Distributed ID Center and Asset Registration & Asset Settlement Center go to the Identity Chain and Settlement Chain simultaneously. To promote asset security and transactions, multi-level verification technology is used to reduce the gradation of autonomous trust from each center. However, the use of distributed ledger technology and consensus without trust mechanisms guarantees the truth of the DAEX ecosystem.
RELATIVE PROBLEMS FOR EASY SOLUTIONS.
The adoption of blockchain innovations faces many security problems, they are often hacked from digital theft, and they can deliberately knock on malicious connections that will cause them to get phishing. Both investors and digital asset exchanges are challenged with security risks, the price of digital assets (cryptocurrency) regularly falls below normal at all points of exchange being hacked especially the top exchanges and a large number of cryptographic currencies become stolen. The level of coordination and low liquidity is also a problem.
DAEX will provide a clearing platform that is legalized in view of blockchain innovation that provides security for all forms of cryptographic currencies and open doors for clients to have the capacity to exploit them at various stages. DAEX is guaranteed, easy with its management and open to old and new exchanges. Operators from existing digital asset wallets regularly lose their assets because they uninstall or reinstall applications, change opinions on app store product regulations, users fail to remember mnemonic words or phrases, lose keystore files and more. The DAEX-coated security protection system in the DAEX wallet protects the security of digital assets from a variety of approaches. It consists of a moving security protection mechanism, secure key administration, multi-factor verification and defending against compromise of malicious users. However, segmented segment key mechanisms can be used to recover assets if users lose their keys. And many more.
DAEX WALLET
DAEX Wallet is a multi-asset Wallet designed to meet the requirements of digital assets of both businesses and different users. This wallet also functions as proof of identity using an identity authentication mechanism, allowing users to access every exchange in the DAEX ecosystem perfectly. This wallet provides various functions for trading digital assets which make it an important tool for monitoring digital assets. DAEX wallets are stimulated by decentralized chains (CLEARING CHAIN) which will support increased security and exchange trust. DAEX wallet has related dimension values:
The DAEX wallet strengthens some of the most important digital assets.
With a single identity account asset management system, this wallet is able to surpass the problems that can be obtained by variance in account systems and technical construction between various exchanges and blockchains.
The multi-segment key protects the user's assets, thus giving full control over the asset.
Enterprise level functionality, such as various levels of authorization and partnership features for various users from the same wallet, DAEX Wallet is an extraordinary digital asset administrator for administrative users.
DAEX Wallet offers a complete range of smart digital asset management tools to meet storage, payment, trading user needs and support third party services.
**TOKEN INFORMATION.
NAME: DIGITAL ASSET EXCHANGE
TICKER: DAEX
SIRKULATING SUPPLY: 370,323,972 DAX
TOTAL SUPPLY: 2,000,000,000 DAX
OFFICIALLY STATED IN THE MARKET COIN MARKET
RANK ON CMC: 164
PER DAEX PRICE @ 08/21/2018: $ 0.074c
24 HOURS OF VOLUME: $ 5,670,0000
OFFICIALLY REGISTERED IN THE FOLLOWING POINT: LBANK (ETHEREUM, BITCOIN, and USDT PAIRS), ALTCOIN (ETHEREUM PAIR), INDODAX (IDR PAIR), BCEX (ETHEREUM)
Roadmap:
Team.
Official website:
Website: https://www.daex.io/
Whitepaper: https://www.daex.io/daexPaper.do
Ann Thread: https://bitcointalk.org/index.php?topic=2910479.0
Telegram: https://t.me/DAEXOfficial_en
Author.
ERC-20 Ethereum address: 0x8141dA571bF349Ca792fb26ad209884EedB4a614
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1366970