DACX- A Solution to Digital Market Threat

Since we are passing a heavy weighted era of technology , we not only have an unlimited chance of progressing but also we have a massive chance of losing our current status. Technology brings the world and its assets in our hands. However, there are some people who are ready to snatch that asset from our hand and misuse it. We don’t know when and how our information will be hacked, and we will lose control over our assets. Yes, talking about the hacker, they are very much proficient in their work. As digital currency is too much lucrative, we should pay attention highly to those sectors where the hacker can get access in a very easy way.

Hackers have taken several serious attempts to take information out and caused heinous damage to lives and properties. E.g., Chernobyl attacks, Bangladesh Banks Loot, etc. Likewise, they can attack DACX too. However, DACX is based on blockchain strategy; it is difficult for hackers to cause damage. DACX can say impossible to hack their mainframe because every computer is equally responsible for maintaining any process made. If one computer is affected, one by one, the whole system will stop working. I think the hackers know how blockchain works. So they may think a bit that they need to take the authorization of all the computers of the system to make any particular change if they want to make. From the inception of cryptocurrencies, history says there have been several security breaks, and the results were too harsh. There were a huge loss of clients fund and trust. Therefore, many cautions have taken to secure the digital asset.

Due to degraded architectures and unrated engineers, Industry will be threatened by many macro factors. We need infrastructure well designed, and engineers should be employed as per the current world demand. Since we have a capricious market condition, it has been a common phenomenon that when there is an extreme flow of orders, supply and demand does not cross over. Then there will be overload in the system to meet the demand as per needed. The system will be collapsed. A single thread of architectural design may lead this to happen. If there are multiple functions in the system and several routes to meet the demand, then there will not be any overloads in the system, and it will work in a very smooth way. Industry will see the harmony between supply and demand chains.

In addition to that, a systematic overload happens when there are multiple orders in the array, but the engine might not work, or the hands that run the machine are incapable. Such mismanagement may bring serious damage to the organization . Then there will be jam occurred, and overriding system may cause direct damage to infrastructure. Therefore, many problems are faced by traders since they cannot take the opportunities as they are supposed to take. Pending orders due to lack of technical support may create a serious effect on the market. Hence, a well-skilled team is very much needed in this sector.

One major concern an industry should take care of, and that is, there should not be any single thread in dealing with traders as well as their product. There should be multiple ways to meet the demand so that there will be complaints in the market.