What is Daex Blockchain?
DAEX stands for digital asset exchange, and this project develops a convenient platform for settlements between users and in securities trading. This project seeks to Li all available exchange of cryptocurrency and exchangers in a unique and comfortable ecosystem. For end users, this will greatly simplify life, because cryptocurrency turnover is easier and more accessible to many people. It is also possible to distinguish some other advantages of symbiosis like this:
In the digital industry, daex will be the link where you can connect any asset on the platform.
Exchange and exchange of Kriptovaljutnye will receive a client base that is ready to work, which will be especially useful for exchanges that are only open or plan to open. The same applies to cryptocurrency exchangers.
Traders will get various opportunities to manage multiple assets, investing in several projects will be easier, because the platform will help their customers with KYC, because it will be possible to calculate assets.
How does it work?
Daex project developers want to create a blend of traditional exchange and cryptocurrency exchange.
This solution will be based on block technology, where data will not be stored in one place, but will be distributed through several channels, which will provide greater security for end users. Smart contracts will also be introduced in the system for the accuracy and transparency of all operations. This solution fully automates the process, eliminating the human factor, which is already a Plus.
In this picture, you can see a graphical display of the platform operating diagram. As we can see, users do not interact directly with exchanges, all interactions via block Clearing. The trading process, as you will see now, doesn't seem complicated. For example, users want to operate with cryptocurrency.
To do this, make an order, and this order is placed on one of the exchanges, which is connected to the daex system. The system compares orders that have been received from other users with orders currently received and chooses the most optimal variant for operations. The calculation is provided by a smart contract.
In general, as mentioned above, the main objective of Daex is to create a global exchange platform that ensures high speed and transparency of all transactions. In this case, you will not have intermediaries in the form of multiple exchanges, all of which are simplified to manage the platform.
Also, this project guarantees the security of asset storage and exchange, as well as the quick conversion of any tokens by combining several sites on daex.
Roadmap:
In this picture, you can see a graphical representation of schema access to your digital assets. Recent fraud project problems, respectively Cryptojentuziastov at least once before the slag concept in the ICO. Such projects sometimes even release their tokens and then forget the project. Development ends, the project dies.
DAEX will continue to monitor tokens that will be allowed to be exchanged. The validation process includes checking the background of the news and activities from the token command, based on this and many other factors, a decision will be made to integrate the token into the daex wallet.
This will allow all participants to exchange their CRYPTO for assets that are intentionally liquid from other users, which should have a very positive impact on the overall atmosphere of the project. People will not be afraid to trade, because the opportunity to lose all their money sometimes decreases! And that's great
Based on the above, I suggest you pay attention to the project road map.
DAEX plans to launch the beta version of the platform in the fourth quarter of 2018, after which it will start active system testing and secondary debugging of nuances.
In the second quarter of 2019, the release of the platform in production is expected (ie, complete release). This means that the After Polished Beta project will be available to the general public.
Version 2.0 is scheduled for the fourth quarter of 2019. It is unclear whether this will be a second version or a global update, but it is clear that the development project in the first version did not end.
DAEX Token.
The Dax currency is an Ethereum token from the ERC-20 standard that will be used to close this service:
Clearing fees.
Hundreds of currency exchange rates.
Calculation.
Business account.
The big advantage of this token is that you have traded with lots of exchanges. If the price goes up, you can always sell or buy this token without problems!
Conclusion.
I believe that in the near future we will be able to observe the boom in interest in this project, because this is really interesting. The ICO starts on September 9, so that in the near future, there may be symbolic price movements on the stock exchange. In the long run, the project is likely to start soon. Investors don't, decide you! It's time to think more. Thank you for reading my article!
For further information please visit our official website below:
Website: https://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
Blog: https://medium.com/daex
Twitter: https://twitter.com/DaexBlockchain
Reddit: https://www.reddit.com/r/DAEX_Blockchain
My profile. #cryptochainswer.
My Ethereum: 0x3969fC7aF7E0fD8843Cf01143C6128D1B63bf73f
Bitcointalk.org profile URL: https://bitcointalk.org/index.php?action=profile;u=1366964
@cryptochainswer, I gave you a vote!
If you follow me, I will also follow you in return!
Enjoy some !popcorn courtesy of @nextgencrypto!