Digitex: Investing in the future

in #originalworks6 years ago (edited)

■Introduction to the topic

The stock market is always growing and evolving worldwide. The economy is characterized by being a subsector, sine qua non would be possible the advance and progress of the rest of the subsectors that make up the current societal context. Emerging economies arise as a response to the interests and needs of citizens, not alien to monetary diversification, which covers the scope of fiat currencies, and even cryptodivisas, such as Bitcoin, Ethereum, Dash, Monero, Steem, Dogecoin, among others, of equal importance.

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The immediate reality, leads to seek action alternatives, thought and oriented towards economic expansion, and in that sense, the Stock Exchange, financial organizations and institutions, citizens of different nationalities, and also, from Blockchain, the necessary actions are taken to ensure the stability of both fiat currency and digital currencies. Thus, the "Market to Future" or "Future Market", as it is subsequently known, represents one of those macro-economic strategies, directed towards the achievement of global economic well-being.

■Conceptualization aproximated

Now, to fully understand the subject matter of this post, which focuses on Digitex Futures Exchange, it is necessary first to define what the Future Market is - as I will mention from here until the end of the post and second, contextualize it in time, so that readers interested in the subject matter have an integrative vision and perspective on what is tacitly addressed. Therefore, by Future Market is meant:

"...the execution of contracts for the purchase or sale of certain commodities at a future date, at present agreeing on the price, quantity and expiration date. These negotiations are currently carried out in stock markets". (Source).

According to the source consulted, the Future Market is based on the concretion of purchase and sale contracts, which stipulates in the present, the amount, price and expiration date of the implicit commercial transaction in a future period of time, that is to say, in the short, medium or long term; and as I expressed it with anticipation, it represents one of the alternatives of action and strategies within the international stock market scenario, with a marked success, because it generates fiat and cryptographic economic resources.

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■Contextualization about the topic

Framing the topic referred to Future Market, that is, it was in the XIX Century that this financial modality arises, with the denomination of "Forwards”, which translated to Spanish language, means: "Forward, being the synonym of "A futuro". In principle, it emerges as a way to protect small and large producers of raw materials, in periods characterized by the concentration of supply, i.e. of crops, and by the variability of prices of final products, which in most cases, represented little attraction in production and marketing.

Therefore, as in all buying and selling processes, people must interact as sellers and buyers. The dynamic implies the sale of one or more products, at a price, which must be paid within a period of time in the future. This means that you, as a seller or buyer, can apply for and sign the contract in January 2019 and end it in October 2019; however, this may happen a few months earlier, such as in July or August, for example.

During this time, it may happen that the value of the product of the agreed purchase-sale increases or decreases in the agreed period of time, causing profits or losses depending on the cases that arise. Therefore, it is logical that between the interacting parties, many aspects and elements that allow a climate of trust have to be sought, in order to proceed to agree and comply with what has been previously stipulated. Thus, the effectiveness and credibility in relation to the "Future Market", is viable and profitable, allowing buyers and sellers, the satisfaction of their interests and commercial needs, which includes the implementation of some kind of measure to lessen the impact from the variation of prices.

■¿What is Digitex Futures Exchange?

As a result, in Internet, thanks to advanced technology, and a digital platform, under the figure of an house for the exchange of digital coins, that allows users to make transactions, according to the Future Market modality, emerges "Digitex Futures Exchange", which in essence is considered "the first Futures Exchange, in the Blockchain" (Source), that is revolutionizing the online world, by allowing the materialization of contracts, which are established in the implicit termins between the interested parties.

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Wooww, that's good! It's very interesting! It is an alternative action on the Internet, which offers practical solutions when acting under the financial strategy of the "Future Market"; and the best thing is that, in the digital platform under consideration, no commissions are charged for the operations carried out, in other words, for future transactions, between those involved in buying and selling mechanisms in the online market at an international level.

.- A moment @jessfrendcor, how come you Digitex Futures Exchange, don't charge commissions for transactions?

¡We can't believe it!

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¡Well, yes, my friends! It does not charge commissions for transactions made on the platform! It is undoubtedly one of the points or aspects in favor, which attracts attention and causes sensation in Blockchain.

.-But then! How does it achieve sustainability Digitex Futures Exchange?

All right, friend! The answer to your question will be answered in the indicator, that will be properly addressed and analyzed, in the next section.

■Sustainaibility of Digitex Futures Exchange?

It is an obvious fact that, "Digitex Futures Exchange" is a digital platform, specifically is a Exchange, considered as "self-sustainable" within Blockchain.

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.-Yes! But, all exchanges depend on commissions to be able to sustain themselves in Blockchain!

That's absolutely true! However, "Digitex Futures Exchange" to achieve its sustainability, it will do so through its digital asset, in other words, with its token, known as: "DGTX".

.-And how are going to do that?

"Digitex Futures Exchange" will be in charge of achieving the highest production of tokens, allowing their self-sustainability, without the need to charge commissions for transactions made on the platform.

■DGTX Token: In Digitex Futures Exchange

On the white paper of "Digitex Futures Exchange", you can clearly read what is stated in the following quote:

"DGTX is an Ethereum based, ERC-223 token that will be freely tradable for Bitcoin, Ether and many other cryptocurrencies on the Digitex platform through integration with trustless, decentralized token trading protocols such as swap.tech, 0xproject.com and bancor.com". (Source)

It is understood after reading the quote that DGTX is a token ERC-223, based on the Blockchain of Ethereum, which may be interchangeable with other digital assets, such as: Bitcoin, among others, within the Digitex platform, using for it, protocols decentralizeds and trusteds, highlighting swap.tech, 0xproject.com and bancor.com.

In this way, the future market, with commission-free transactions, for the concretion of intelligent purchase and sale contracts, will no longer be something that was only in the collective imagination, but with "Digitex Futures Exchange", now is a reality.

In "Digitex Futures Exchange", moreover, users deliberately and consensually vote in favor of the strategic actions applicable in function of the production tokens, because effectively, it is one of the basic and essential requirements to contribute to the sustainability of the digital platform in correspondence. This means that they will decide how many DGTX tokens will be issued to contribute to the respective operational functioning.

It is worth saying that, added to this, the demand and the progressive exponential growth of the fiduciary and cryptographic market, and especially, regarding the DGTX Token, will be determining to compensate the cost derived from the concept of the emissions of new tokens; being extremely important, if it is prioritized that the sustenance of the interface, free of commissions, which is one of the attractions of "Digitex Futures Exchange", will depend on it.

However, it is prudent to be predictive and not saturate the issuance of tokens, to avoid inflation and devaluation of token holdings. Another of the strengths of "Digitex Futures Exchange" is that token holders will be able to delegate to other trusted users, and organically, seek and find the perfect balance in the execution of the processes concerning the systematization of the electronic platform in question.

■Decentralization of Digitex Futures Exchange

.-¡Hey, @jessfrendcor! ¡I'm worried about not having privacy, protection and security on Blockchain! ¿Is Digitex Futures Exchange a secure website?

Of course! It is a totally safe and reliable website, where only you have the private key that will allow you to access to the manipulation of the permissible procedures in the interface, with total privacy, protection and security. It is for this reason that in ""Digitex Futures Exchange"", only you have absolute control.

On the Internet, it is common to know about numerous cases of computer crimes perpetrated by hackers, which have caused multimillion-dollar losses. Many websites lack the protection and security required and expected by users. This problem includes Blockchain, where there is generally greater protection and security, but there is no privacy, since transactions and exchanges are public. It is therefore that, with ""Digitex Futures Exchange"", decentralization becomes a determining factor, translatable precisely in protection, security, privacy and full control, producing in the user satisfaction and trust. The platform and interface were created with the above in mind.

Adam Todd, CEO of ""Digitex Futures Exchange"", in a very opportune occasion, was emphatic when commenting the following:

"We want to decentralize account balances and allow operators to use our exchange in a commercial environment for life". (Source)

The quote reflects the commitment of one of the people who gave life to the Digitex Futures Exchange project.

■The Digitex Token Market

In relation to the cryptographic market where Digitex Token is marketed online, we know about its systematic progress from 2009 to the present. It is a competitive market, with a tendency to rise and fall in short periods of time, but it is profitable and sustainable. As for the token mentioned, without a doubt, it is a digital good that depending on the demand of the users, will allow the platform and everything it implies, to last in time. DGTX is a guarantee of the sustainability of "Digitex Futures Exchange", as referred to above.

This market will also focus on the actions undertaken by the users (entrepreneur-investors), who will plan and execute all the strategies in a measured way, using the most convenient tools to achieve the expected success from its genesis, where the primordial and most important thing is that no commissions will be charged for the operations carried out between the interacting parties. At the same time, it is logical that both the user who buys and the one who sells (makes transactions-markets), must have the amount of DGTX necessary to achieve the task.

■Digitex Team

Every corporate organization has a group of men and women who offer the best of themselves, to ensure a harmonious work environment and productivity. Immediately, it reflects the people who are part of the work team of ""Digitex Futures Exchange"":

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The people´s who make up the work team of ""Digitex Futures Exchange"", are responsible, committed, efficient, innovative, visionary, enterprising, responsive and determined to take on challenges. ¡The perfect team!

In the image below, you can see the timeline of ""Digitex Futures Exchange"" and thus identify each of the activities carried out in a given period.

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■Digitex Links

Website

Whitepaper

DigitexBlog

Telegram

Reddit

Facebook

Twitter

Youtube

■Synthesis

This image, reflects in a convincing way, the fundamental pillars of ""Digitex Futures Exchange"":

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Digitex2018

1250-steem-sponsored-writing-contest-digitex - 1250 STEEM ~ Sponsored Writing Contest: Digitex

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A little, but not enough when you want to learn more about various topics, and especially about technology, internet, blockchain, and crypto currencies, which although I do not have much time researching on the subject, as topics I am passionate about.

Unfortunately, where I live, internet connectivity is deficient and electric energy service fails a lot. To this post, it is now that it lacks information, but with health and dedication I will be able to continue...in this daily learning.

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