DIGITAL ASSET EXCHANGE

in #tivere7 years ago

PRELIMINARY
In the world we live in today, the daily use of digital assets is on the rise but not without some complexities. Most sectors (about 15%) have tapped from its untapped resources, agriculture sector, traveling sector, hotels and reservations, shipping and many others are glad they did while many out there are yet to tap from its untapped resources. The creation of the blockchain technology has given rise to the introduction of a vast number of digital assets each wanting to eradicate common challenges faced in our day to day life. Efficiently managing these digital assets is major constraint users and exchanges have to face, the blockchain technology is in dire need of a clearing ecosystem one that will eradicate traditional operations of the blockchain technology and help revolutionize its speed, security, transactions, transparency amongst other inefficiencies. The recent COINCHECK exchange has resulted in the reduced price or value of cryptocurrencies worldwide not to mentions other hacks, frauds, and threats they are exposed to.

Clearing service can be termed as a procedure whereby a company acts as a third party (intermediary) between transacting parties, their job is to provide more efficiency and a smooth trustful transaction. Early adopters of the blockchain technology have a story or two to tell about this amazing and new innovation.

INTRODUCING DIGITAL ASSETS EXCHANGE
DAEX is an acronym for DIGITAL ASSETS EXCHANGE whose mission is to eradicate complexities or challenges faced by the blockchain technology. Early adopters of the blockchain technology face lots of security risk (frauds, hacks, phishing), market manipulations by both centralized cryptocurrency exchanges, transparency, value deviation, low market volatility, exorbitant trading fees (deposit, withdrawal & trade execution fees), difficulties when converting to FIAT (government issued currencies), liquidity amongst others. DAEX proffers a solution to help bridge the gap between centralized exchanges and its users by providing a safe network both parties can depend on. DAEX offers to be the third party (intermediary) between these two so no one can act as its discretion. Users can store multiple cryptocurrencies and be able to access them when needed. Everyone on the network can witness transactions and share benefits of the clearing ecosystem. New product listing will be done without further delays compared with what developers has to go throw traditionally when they want to go public and want their product to be known worldwide.
DAEX clearing chain has many attributes which include technical characteristics of already existing public chains while specifically optimizing and upgrading key components such as the consensus mechanism, transaction encryption, and privacy protection. DAEX platform uses identity chain which provides a trusted atmosphere for its customers, documents provided by customers will be securely stored, they cannot be tampered with, stolen or deleted by anyone because of the level of security. No one with necessary and given authority can bypass this security parameter, owners of assets can modify their assets data and no one else with the use of distributed clearing and settlement of digital assets.

DAEX WALLET
The asset clearing center component of DAEX wallet is facilitated by the decentralized chain (CLEARING CHAIN) which will help increase security, transparency, and trust of transactions. DAEX wallet offers multiple functionalities for cryptocurrency trading which makes the most valuable tool when managing a vast range of cryptocurrencies. DAEX wallet will support a wide range of digital assets (cryptocurrencies) that can be easily accessed by their owners, using multi-segment wallet user have absolute control of their resources (funds). This wallet is able to surpass common traditional challenges by the variances in account systems and technical construction between various cryptocurrency exchanges and blockchains. With the enterprise level functionality, the wallet is an exceptional cryptocurrency administrator for administrative customers. DAEX wallet proffers a comprehensive range of cryptocurrency managing tool that can store funds, and also allows payment across different blockchains, trading necessities and support third-party services. The wallet is the fuel of the DAEX ecosystem which ensures proper digital asset management and decentralized clearing services are correctly implemented. DAEX token holders will be able to participate in the enhancement of the platform especially when casting their votes and they will be able to receive clearing validation.

FEW FUNCTIONS OF DAEX WALLET
★ Multifarious assets and utmost security of private keys for individual asset owners.
★ Self-clear transactions
★ A good payment and trading expertise.
★ Universal digital asset management services
★ Reduced risk management and separations of permissions.
★ Transaction on this platform will be encrypted.
★ Multi-segment key and identity authentication components

TOKEN INFORMATION
NAME: DIGITAL ASSETS EXCHANGE
TICKER: DAEX
CIRCULATING SUPPLY: 370,323,972 DAX
TOTAL SUPPLY: 2,000,000,000 DAX
ALREADY LISTED ON COIN MARKET CAP
RANK ON CMC: 164
PRICE PER DAEX @21/08/2018: $0.074c
24 HOURS VOLUME: $5,670,0000

ALREADY LISTED ON THE FOLLOWING EXCHANGES:
LBANK (ETHEREUM, BITCOIN & USDT PAIRS)__
ALTCOIN (ETHEREUM PAIIR)__
INDODAX (IDR PAIR)__
BCEX (ETHEREUM)__


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ADVISORY BOARD

CONTACT INFORMATION
WEBSITE
WHITEPAPER
TWITTER
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MEDIUM
REDDIT

ARTICLE WRITTEN BY TIVERE AKPORODE
BOUNTY OX USERNAME: TIVERE

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