Financial markets are markets where people trust securities and finance with low transaction costs and at prices that change supply and demand.
Digital currency or electronic currency is a type of currency that is only available in digital form, no physical need such as paper money and coins. It shows properties that are similar to physical currencies, but allow for instant transactions and unlimited ownership transfers. Examples include virtual currencies and cryptocurrency or even central banks issuing digital-based money. Like traditional money, this currency can be used to buy physical goods and services, but it can also be limited to certain communities such as for use in online games or social networking.
For further development, we have a vision to become a bridge between the old financial market and the emerging digital economy. And also the mission to be achieved in our project is, to become a trusted provider of digital currency and regional authority on blockchain technology, making smart economies work for everyone through empowerment, approval and innovation throughout the world.
GLOBAL REGULATION EXCHANGE PLATFORM
Digital Assets & Commodity Exchange utilizes artificial intelligence and competency technology, optimized to provide markets that are efficient, secure and in accordance with product solutions for communications and retail class customers. Our emphasis is on all forms of assets and competition through tokenization. To bring more opportunities to be included in all types of investors, which in turn adds further liquidity to this traditional market.
DACX bridges the transition between physical and digital assets, gathering limited resources to drive the global circular economy. By hosting advanced security features, DACX applies machine learning to real-time market surveillance to prevent activities that question and protect security & utilize KYC / AML on boarding for its clients.
Financial Exclusions
Financial exceptions determine the process by which people have difficulty accessing / or using financial services in the mainstream market according to their needs and provide them to support normal social life in the communities they depend on.
Poor Customer Support
Customer service is the key to any business, a company that continuously provides customer service that is acceptable from business. Today's customers have so many choices and will turn to challenges if encountered with poor service experience. Whatever your business type, your customers always want to be heard and bought well.
Some challenges are seen in our industry:
- Response time
- Don't have answers to questions
- Failing to take what the customer wants
- Accept responsibility
- Resolution - Leaving a customer's response cannot be taken
This can cause many side effects, for example;
- Broken reputation
- Lost business & returning customers
- Lost our best employee
- Lack of respect where the key to winning your customers wins them with the utmost respect. This requires staff training to be very polite and friendly to all customers, whatever the communication medium
DACX Exchange
New technology enables global businesses to allow new viewers around the world to ensure the path for international clients from before The organization has been hampered by not providing multi-lingual support that is part of an ongoing strategy, the customer must make a business plan of your goals, and part from this gives them a seamless experience.
A help desk that supports, provides at home or is obtained through an outsourcing company is the key that is obtained with product growth. A trade matching machine is software that is used to match purchase orders, offers, and with purchase orders, offers. This is the most important part of every switch because it allows users to trade with one another and all their reasons are related on the platform. Algorithms that determine the rules they must obey, how, the number of orders they can handle in the number of pairs and the amount of time required. Multi-thread process is more profitable,
Security
To ensure the security of digital assets in our custody, we will use four types of crypto wallets:
- Hot Wallet This is a wallet used on our internal servers for frequent transfers. Only a small portion of funds will be used available for frequent transfers. All Hot Wallets come in encrypted form and the decryption key is only applied by approved personnel at predetermined intervals for approval of outgoing transactions. This avoids consuming assets if our internal servers are compromised.
- HSM Protected Semi-Cold Wallet The wallet is an outdoor office wallet that is held by the entire enterprise hardware wallet solution with governance, multisig, and access limits enforced by the Hardware Security Machine. Several signatures from the personnel transferred are required to discuss one transaction and access is limited to the private network terminal.
- Hardware Wallet Integration A commentary on Ledger nano hardware wallet integration, and X (with Pictures)
- Cold Wallet This wallet is transferred offline and transferred on the computer offline by senior management executives.
DACX Exchange
will list Stable USD coins and BTC pairs for all high cap connection coins and utility tokens. We will stage the listing by taking input from community members. More coins will be added over time. We will generally only add transition coins and utility tokens that have strong credibility, user base and liquidity. For existing or future projects that wish to be listed on the DACX Foundry for the main offer or for secondary market trading on the DACX Exchange, must provide to obtain funds from our requirements and list of promotional costs. The DACX Exchange platform is scalable in terms of technological and practical applications in Q1 2020 we support increasing STO for primary and secondary trading. Our road map is online for the latest progress indicators.
We will launch the platforms in the following order:
- Spot trading for Exchange coins & Utility tokens
- Main offers and secondary markets for Security Tokens
- Crypto Currency Margin Trading
- Margat Currency trading
- DEFI
Platform supported
1 We will provide cross-platform trading clients to:
2 Web based trading client
3 Native Android client
4 The original iOS client
5 REST API
6 Web Socket
the features
Some of DACX's main features are, but are not limited to:
- 2FA
- Crypto to Fiat
- Rail & Settlement Banking
- Anti DDOS
- Hardware Wallet Support
- Casting
- MultiSignature Wallet
- Universal Wallet-Remit Cross border payments
- Virtual Debit Card
Security Token
Affiliate / Referral Program
DACX offers an Affiliate / Referral program to increase brand awareness where prizes are available based on various levels of verification and hold. The total number of DACX prizes is limited to a maximum of 5,000,000 tokens. Prizes will be issued at the end of the promotion based on the period.
UI preview
DACX Trade Platform
DACX token
We have published our own utility token, called DACX Token. A strict limit of 786,786,786 DACX has been created, never increased and total receipts will be increased through frequent tokens. The DACX token will run on the Ethereum Original blockchain under the ERC 20 token standard.
Universal Wallet
Universal Wallet is the core storage unit of DACX Remit. It uses DLT, traditional banking and guards to store the following types of assets in one wallet: Fiat Money
- Crypto Currency
- Utility Token
- Security Token (STO)
- Stable Coins
- Commodity Token
Allocation
DACX Road Map
September 2019 - Pre-Registration
October 2019 - Pre-Launch of IEO
Q4 2019 - Launch of Exchange
Q4 2019 - Fiat Gateways
Q1 2020 - Extend Operational Jurisdiction to EU & Asia
Q1 2020 - Cross-border Payments
Q1 2020 - STO integration
Q1 2020 - Virtual Debit Card
Q1 2020 - Bridge Remit & Exchange
Q2 2020 - Margin Trading
Q2 2020- DEFI - Loans
Q2 2020 - Extend Operational Jurisdiction to NA
DACX team
ZEESHAN CHAUDHRY:Founder | CEO
FRANS KLERKS:
Head marketing
LISA LI:
Regional Marketing & Communication
TARIMA ISMAIL:
Cyber Security & Blockchain Engineers
CURTIS PAVLIK:
Regional Sales & Operations
JAMES WACKETT:
Regional Business Development
FRASS MASROOR:
Complete Stack Developer
UMAIR JAWAID:
DevOps & Platform Engineer
PETER MACDONALD:
Business Partnership Strategy & Strategy Division
Advisory
RICHARD GARDNER:
CEO of Modulus Global
LAURENCE KIRK:
CEO of Extropy.IO
Conclusion
Exchanges are the lifeblood of cryptocurrency and therefore they must be user friendly, they need to provide liquidity to the industry as a whole and they must be super safe. The emergence of security tokens will be very large in this space and once again, exchanges that achieve full regulation and compliance will dominate the crypto / blockchain arena in the future.
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AUTHOR: Anakcikal
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ETH ADDRESS: 0xACE4b197bAEd4ABc6c12fD034BE655ed3141E1c6
TELEGRAM
GITHUB
WHITEPAPER
AUTHOR: Anakcikal
BTT PROFILE: ( Anakcikal )
ETH ADDRESS: 0xACE4b197bAEd4ABc6c12fD034BE655ed3141E1c6
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