DAEX Blockchain - The Scalable Decentralized Clearing Ecosystem

abinvent (9)in #steemit • 6 years ago (edited)

Presentation DAEX Blockchain

DAEX is a clearing answer for centralized digital currency exchanging in view of Distributed Ledger innovation. The Clearing and settlement rules are customized into DAEX Clearing Smart Contracts. All clearing forms run naturally without human mediation. The clearing objectivity is ensured by the accord procedure on the clearing chain. Also, platform user’s cryptocurrecies resources are enlisted and properly stored in the DAEX clearing chain. No other establishment or individual can get to this funds without the owners authorization.

Executions
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The Clearing Chain

Digital currency clearing service in view of distributed ledger technology. It utilizes Clearing as a Service (CaaS) technique to give clearing services to digital currency exchanges.

DAEX Wallet

Digital currencies wallet that backings various signatures and numerous cryptocurrecies resources. It offer an access to exchanges to trades to digital currencies and the clearing chain to deal with its assets.

Provision of Multiple Private Key

A private key that is broken into a various sections. A sections must be utilized together to get permission into the wallet resources.

Clearing as a Service (CaaS)

A clearing service that is given utilizing a cloud mode. The clearing infrastructure is sent on an open cloud. Trades and clearing individuals acquire clearing related services through APIs or customers.

As a result of DAEX, it's trusted that it will be more viable in current digital currency problems and dangers. Making a strong establishment for the improvement of industry.

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The principle reason for DAEX is to give better framework to digital currency trade by partaking in the primary security of exchange industry and by taking favorable circumstances of the new risk that brought by conveyed record innovation. In particular, exchanging and clearing will end up different into various entities. As of now the centralized exchange will proceed give trading services.

Existing Security Problem in Cryptocurrecny Exchange Sector

One of the challenges of cryptocurrecy exchange platform is the frequent Hacking by hackers on weak platform .This issues is still common in exchange organizations. This is hard to maintain a strategic distance from due to the absence of extra security on every platform. In the wake of hacking occurrence as often as possible, numerous trades must achieve accord that general clearing and resource custodial services are expected to secure the market and to guarantee manageable market development. The quick advancement of digital currency exchanging requires a more powerful and more secure clearing service. Thusly DAEX is the response to the requirements of this market.

DAEX Blockchain Ecosystem

The DAEX Ecosystem, comprises of clearing services in light of Distributed Ledger Technology, Centralized Exchange and the client's wallet. Investors utilize their wallets to exchange on trades. In the wake of exchanging is coordinated on the trade, the trade sends exchanges that match the clearing service.The CaaS clearing services are completed by smart contracts on distributed ledger innovation. Amid the underlying period of DAEX, digital currency will be served. Amid the future DAEX stage, digital currency derivatives will be overhauled. That is, DAEX will give clearing services to digital currency derivatives exchanged on the trade.

Value Proposition of DAEX

Secure

Taking part in exchanges must meet the business and innovation necessities of the ecosystem, in this way the nature of exchanging service is safe. Client's assets are altogether store on the blockchain. Cryptocurrecny resources can't be moved without client's confirmation. Numerous part private key further secure client's assets and furthermore a protected recuperation instrument on the off chance that a client loses his private key.Smart contract and the blockchain innovation ensures the rightness of clearing and settlement.

Trust

Separating between exchanging and clearing is the most ideal approach to ensure the wellbeing of client exchanging resources. The protection of user fund contributed by taking part trades gives another layer of safety. The DAEX ecosystem gives a dependable domain to trades, exchange and traders.

Open

As a matter of fact, the DAEX ecosystem is available to participant and welcome new exchange platform. The exchange platform that take an interest in the DAEX ecosystem can utilize all items and services given by DAEX, including wallets and clearing. Furthermore, taking an interest trades can hope to utilize more esteem added services DAEX will give, including cryptographic currency derivatives exchanging.

ICO
The price is $0.07 per DAX.
Accepted currecy: ETH DAX[/ETH ratio will be disclose 24 hours prior commencment of sale in line with the price above.
KYC:Participants need to submita and approved before 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

Distribution