DACX

DACX Exchange Commodity Exchange

Since the beginning of cryptocurrency, there have been many crypto projects that have been built for commodity exchange and have been ignited, but so far no project has done that. DACX bridges the gap between physical goods and digital assets, promoting the reuse of limited resources to promote a global circle economy. By hosting advanced security features, DACX implements machine learning to monitor the market in real time to prevent suspicious activity and security threats & use KYC / AML on the machine. fly for its customers.Financial markets are markets where people trade financial securities and commodities with low-value transaction costs and at prices that reflect supply and demand.Digital currency or electronic currency is a type of currency that is only available in digital form, not physically like 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 that issue digital base 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.In this case the organization creates a platform to overcome financial market gaps with the digital economy. DACX is an economic platform designed to bridge the gap between old financial markets and emerging digital asset ecosystems. DACX adds confidence in the fragmented landscape of new digital assets to handle complex transactions quickly and transparently when matching orders and eliminating market inefficiencies. DACX builds digital asset management tools and develops an interface that allows customers to get the full benefits of a smart economy around the world.For further development, we have a vision to become a unifying bridge between the old financial markets 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, to make smart economies work for everyone through empowerment, transparency, and innovation around the world.PLATFORM EXCHANGE EXCHANGE PLATFORMDigital Assets & Commodity Exchange uses artificial intelligence and high-performance computing technology, which is optimized to provide efficient, safe and market-appropriate product solutions for institutional and retail class customers. Our emphasis is on the fractionalization of all forms of assets and commodities 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 gap between physical commodities and digital assets, promoting the reuse of limited resources to drive the global circular economy. By hosting advanced security features, DACX implements machine learning for real-time market surveillance to prevent suspicious activity and security threats & utilizes KYC / AML on-boarding for its clients.Financial ExclusionsFinancial exclusion refers to the process where people have difficulty accessing and / or using financial services and products in the main market that suits their needs and enable them to lead a normal social life in the community where they are.Poor Customer SupportCustomer service is the key to any business, companies that continue to provide poor customer service can go out of business. Today’s customers have so many choices and will turn to competitors if found with poor service experience. Whatever your business type, your customers always want to be heard and treated well.Some challenges are seen in our industry:1. Response time2. Don’t have the answer to that question3. Failure to understand what the customer wants4. Accept responsibility5. Resolution – Leave a customer complaint unresolvedThis can cause many side effects, for example; 1. Broken reputation2. Lost business & returning customers3. Lost our best employees4. Lack of respect where the key to winning your customers is treating them with respect. DACX ExchangeNew technology enables global businesses to reach new audiences around the world to ensure a path for international clients now than ever before. Organizations have been hampered by not ensuring multi-language support is part of an ongoing strategy, customers must always be at the core of your business goals, and part of this gives them a seamless experience.Multilingual help desk, whether at home or obtained through an outsourcing company is key as the product grows. A trade matching machine is software that is used to match purchase orders, offers, and with sell orders, offers. This is the most important part of every exchange because that is what allows users to trade with each other and all the reasons why they are registered on the platform. Trading matching machines follow an algorithm that determines the set of rules they must obey, how it works, how many orders they can handle on how many pairs and how long it will take. Multi-thread processes are more profitable, but only a few crypto exchanges implement them because they require more work, experience,Security1. 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.2. HSM Semi-Cold Wallet Protected. This wallet is an outdoor office wallet that is held by all enterprise 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.3. Hardware Wallet Integration A comment about the integration of the Ledger nano hardware wallet, and X (with pictures)4. Cold Wallet This wallet is kept offline and transactions are signed on an offline computer by senior management executives.The most prominent advantage of the DACX mentioned is participation in GFIN and GFIN cross-border trials with many regulators involved, including:

  • Bermuda Monetary Authority (BMA), Bank of Lithuania (LB)
  • Australian Securities & Investment Commission (ASIC), financiers Autorite des marchés (AMF Québec), Dubai Financial Services Authority (DFSA), Financial Conduct Authority (FCA), Hong Kong Monetary Authority (HKMA), Ontario Securities Commission (OSC)
  • Bahrain Central Bank (CBB), Singapore Monetary Authority (MAS), Jersey Financial Services Commission (JFSC), LB
  • British Columbia Securities Commission (BCSC), BMA, JFSC, LB, MAS
  • Abu Dhabi Global Market (ADGM) and FCA
  • https://www.fca.org.uk/firms/gfin-cross-border-testing-pilot-next-steps  .
  • This shows that DACX is important and expected in the coming years. DACX will have a great solution

activeDACX Exchange will list USD coins and stable BTC pairs for all high cap exchange coins and utility tokens. We will make a list by taking input from community members. More coins will be added over time. We generally only add exchange 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 achieve the benefits and costs of our promotion list. The DACX Exchange platform can be adjusted in terms of technological and practical applications, therefore, in Q1 2020 we intend to have a phased STO for primary issuance and secondary trading.We will launch the platforms in the following order: 1. Coin trading & utility utilities2. Main offer and trade secondary market security tokens3. Crypto Currency Margin Trading4. Trade the Fiat currency margin5. DEFIPlatform supported1. We will provide cross-platform trading clients to:2. Web-based trading client3. Android native client4. iOS native client5. REST API6. Web socket Some of DACX’s main features are, but are not limited to: 2FACrypto to FiatRail & Settlement BankingAnti DDOSHardware Wallet SupportCastingMultiSignature WalletUniversal Wallet-Remit Cross border paymentsKartu Debit VirtualSecurity TokenAffiliate / Referral ProgramDACX 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 distributed at the end of the campaign based on the completion period.We will launch the platforms in the following order: 1. Trading coin exchange places & Utility utilities2. The secondary market’s main supply and trade is Security Tokens3. Crypto Currency Margin Trading4. Trade Fiat currency margins5. DEFIPlatform supported1. We will provide cross-platform trading clients to:2. Web-based trading client3. Android native client4. iOS native client5. REST API6. Web socket Some of DACX’s main features are, but are not limited to: 2FACrypto to FiatRail & Settlement BankingAnti DDOSHardware Wallet SupportCastingMultiSignature WalletUniversal Wallet-Remit Cross border paymentsKartu Debit VirtualSecurity TokenAffiliate / Referral ProgramDACX 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 distributed at the end of the campaign based on the completion period.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 WalletUniversal 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 MoneyCrypto CurrencyUtility TokenToken Keamanan (STO)Stable CoinsCommodity Token distribution

 DACX Road Map 

  • September 2019 – pre-registration
  • October 2019 – pre-launch DOE
  • Q4 2019 – Launch of the exchange
  • Q4 2019 – Fiat Gateways 
  • Q1 2020 – expanding operational jurisdiction in the EU and Asia
  • Q1 2020 – cross-border payments
  • Q1 2020 – Integration of service stations
  • Q1 2020 – Kartu Debit Virtual
  • First quarter of 2020 – Bridge Remit & Exchange
  • Q2 2020 – trade margin
  • Q2 2020 – DEFI – Loans 
  • Q2 2020 – Extend operational jurisdiction to AN

 Tim  DACX1. ZISHAN CHODRI: Founder | CEO2. FRANCE CLERKS: Head of Marketing3 LISA LI: Regional Marketing and Communication4 TARIMA ISMAIL: cybersecurity and blockchain engineer5 CURTIS PAVLIK: Regional sales and operations6 JAMES WAKETT: Regional Business Development7 FRASS MASROOR: Complete Stack Developer8. UMAIR JAWAID: DevOps & Platform Engineer9 PETER MACDONALD: Business Strategy and PartnershipAdvisor1. RICHARD GARDNER: CEO Modulus Global2 LORENCE KIRK: CEO of Extropy.IO

Conclusions ofExchanges are a source of crypto currencies, so they must be user friendly, provide liquidity for the industry as a whole, and are very safe. The emergence of security tokens will be very large in this space, and once again exchanges that achieve full regulation and compliance will become dominant in the crypto / blockchain arena in the future.For more accurate information, follow the link below:

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