DACX
DACX
blockchain-powered platform that bridges real commodities with crypto assets
DACX is a startup company that began operations in the last quarter of 2018. It is a startup company that operates solely on Blockchain technology. There has never been a lot of Cryptocurrency exchanges out there but what makes DACX unique among them is the integration of machine learning and DLT into their trading ecosystem that ensures security throughout the DACX market. The scope of XX operations is more extended compared to traditional Cryptocurrency exchange platforms. This platform offers a variety of products and services for various classes of clients.
DACX's goals and mission are very broad, this startup aims to build partnerships within the Blockchain community in addition to achieving the stated goals. One of DACX's vision is to register Security Token (STO) offers on their exchanges. This team works all the time to achieve this. They work in accordance with all regulatory requirements in their jurisdiction to avoid unexpected regulatory obstacles. The Platform has included KYC, AML AND AMM procedures in their platforms to prevent fraudulent activity on the Platform and comply with regulatory requirements.
DACX has also formed partnerships with several infrastructure providers that will become software providers who will provide software providers that will facilitate mactching trading machines by ensuring the smooth functioning of the Exchange. Features such as matching orders, offers, and offers will be made perfect through sophisticated software which will be provided by partner companies. One of these partner companies is Modulus Global, a leading software company that has gained several years of experience in Financial and HPC technology. DACX's exchange capacity will be able to handle 10,000,000 transactions in one second.
ECOSYSTEM DACX
According to the DACX whitepaper, he will be able to efficiently utilize DLT and machine learning to conduct transactions in various countries in the World. It will support many currencies through Blockchain technology. ACX's goal is to become one of the leading financial service providers and they equip themselves with everything they need. This is one of the reasons why they were chosen among the Global Innovation Network (GFIN) which is currently the FCA.
There is always the potential for market abuse in almost all business sectors, this has encouraged DACX to provide so much investment in risk management and supervision. DACX implements the AML / AMM system to make provisions for trade supervision and all types of risk management. In an effort to ensure maximum security and guarantee the safety of investor and user funds, the exchange implements Hot and Cold Wallet, HSM Semi-Cole-protected wallet and integration of Hardware wallet into their Platform.
SECURITY:
To ensure the security of digital assets in our custody, we use four types of crypto wallets:
Hot Wallet: This is a wallet that is stored on our internal servers for frequent transfers. Only a small portion of the funds will be saved for frequent transfers. All Hot Wallets come in encrypted form and the decryption key is only applied by authorized personnel at predetermined intervals to approve outgoing transactions. This prevents the loss of assets if our internal server is compromised.
HSM Protected Semi-Cold Wallet: This is an outdoor office wallet held by all corporate hardware wallet solutions with governance, multisig, and access limits imposed by the Hardware Security Machine. Some signatures from authorized personnel are needed to approve transactions and restrict access to private network terminals.
Hardware Wallet Integration: Comments on integrating Big Book hardware wallet, and X (with pictures)
Cold Wallet: This wallet is kept offline and transactions are signed on an offline computer by senior management executives.
ACTIVE:
DACX exchanges include USD coins and stable BTC pairs for all limit trading coins and utility tokens. Prepare a list by gathering feedback from community members. Over time, more coins will be added. We usually only add credit, user base and exchange coins with liquidity tokens and utilities. For existing or future projects that wish to be listed on the DACX foundry for the main offer or secondary market trading on the DACX exchange, the promotion listing terms and costs must be used. The DACX Exchange platform is scalable in terms of technical and practical applications, so that in the first quarter of 2020 we wants to have a gradual STO for the first publication and second transaction. Our road map is online for the latest progress indicators
DACX Exchange will list USD Stable Coins with BTC Pairs. The exchange will use the following trading systems in their platform
(i) Trading places for varieties of tokens and coins that meet the requirements and comply with the terms and conditions of the exchange.
(ii) Primary and secondary offers from the Security token trading market.
(iii) Trading margins in Crypto and Fiat and currencies.
(iv) DEFI
DACX will provide a friendly user interface for the proposed exchange and it will support the Android, iOS and Client Websites. Users will be able to navigate and use the platform effectively because of its simplicity.
MAIN FEATURES DACX platform
(a) 2FA, 2-factor authentication will be forced for user safety.
(B) The DACX platform will support Crypto and Fiat trading.
(c) Anti DDOS.
(d) This will support the Hardware wallet
(e) Offering Security Tokens
(f) Provision of MultiSignatures wallet
(d) Kartu Debit Virtual
(e) Wallet transfers and boarder board transfers
Final thoughts,
the DACX project is a complete Game changer, the DACX team has observed gaps in various advanced cryptocurrency exchanges and has produced sustainable solutions. ACX will revolutionize the trading system in the Crypto space because of all they have to offer. Worth considering this project class for investment. Become a part of this successful journey.
Token DACX (DACX)
We have published our own utility token, called DACX Token. A strict limit of 786,786,786 DACX has been created, never increasing and total supply will decrease through frequent token burning. The DACX token will run natively on the Ethereum blockchain under the ERC 20 token standard.
Universal Wallet
Universal Wallet is a core storage unit of DACX Remit. It uses DLT, traditional banking, and custodians to keep the following types of assets in one wallet: Fiat Money
Crypto Currency
Utility Token
Token Keamanan (STO)
Stable Coins
Commodity Token
Allocation
DACX Road Map
September 2019-Pre-Registration
October 2019 - Pre-Launch of IEO
Q4 2019-Exchange Launch
Q4 2019-Fiat Gateways
Q1 2020 - Expanding Operational Jurisdiction to EU & Asia
Q1 2020 - Cross-border Payments
Q1 2020-STO Integration
Q1 2020-Kartu Debit Virtual
Q1 2020-Bridge Remit & Exchange
Q2 2020-Margin Trading
Q2 2020-DEFI - Loans
Q2 2020-Extending Operational Jurisdiction to NA
Tim DACX
1. CHEUDHRY ZEESHAN: Pendiri | CEO
2. FRANS KLERKS: Head of Marketing
3. LISA LI: Regional Marketing & Communications
4. TARIMA ISMAIL: Cyber Security & Blockchain Engineer
5. CURTIS PAVLIK: Regional Sales & Operations
6. JAMES WACKETT: Regional Business Development
7. FRASS MASROOR: Full Stack Developer
8. UMAIR JAWAID: DevOps & Platform Engineer
9. PETER MACDONALD: Strategy & Business Partnership Strategy Division
Advisor
1. RICHARD GARDNER: CEO Modulus Global
2. LAURENCE KIRK: CEO Extropy.IO
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