DACX: Is A Platform That Bridges Between The Financial Markets And Digital Economy In The World:
Introduction:
Digital Asset & Commodity Exchange leverages artificial intelligence and high performance computing technology, optimized towards providing an efficient, secure and compliant marketplace with product solutions for both institutional grade and retail clientele. Our emphasis is on fractionalization of all forms of assets and commodities via tokenization. To bring more opportunities for inclusion for all types of investors, which in turn adds further liquidity to these traditional markets? DACX is bridging the divide between physical commodities and digital assets, promoting the re-utilization of finite resources to drive the global circular economy. By hosting advanced security features, DACX implements machine learning for real-time market surveillance to prevent suspicious activities and security threats & utilizes KYC/AML on-boarding for its clients.
A financial market is a market 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 allows for instant transactions and transfer of ownership without limits. Examples include Virtual currencies and cryptocurrency or even central banks issue digital base money. Like traditional money, this currency can be used to buy physical goods and services, but may also be limited to certain communities such as for use in online games or social networking.
DACX uses artificial intelligence and high-performance computing technologies optimized to provide an efficient, secure, and compatible market with product solutions for both institutional and retail customers. The emphasis is on the fractionation of all forms of assets and goods through tokenization; provide more inclusion opportunities for all types of investors, which in turn adds additional liquidity to these traditional markets. DACX bridges the gap between physical goods and digital assets by fostering the reuse of scarce resources to stimulate a global circular economy. With advanced security features, DACX introduces machine learning to monitor the market in real time. The DACX Exchange platform is scalable in terms of technology and practical application, therefore, in the 1st quarter of 2020, it is planned to phase out STO for primary emissions and secondary trading. For existing or future projects that want to be submitted to the DACX Foundry for the initial offer or for the secondary market when trading on the DACX Exchange, you must use the listing conditions for promotions and fees. DACX revenue will depend on the details of fees; includes exchange fee; DACX will charge a fixed fee of 0.1% per transaction. There will be other fees that may include, but are not limited to, promotions, fees for the maker and volume level. Also DACX withdrawal fees, DACX listing fees (there may be other fees).
DACX’S KEY FEATURES:
• 2FA
• Crypto to Fiat
• Banking Rails & Settlements
• Anti DDOS
• Hardware Wallet Support
• Foundry
• MultiSignature Wallets
• Universal Wallet-Remit Cross border payments
• Virtual Debit Card
• Security Token
DACX FOUNDRY:
The Foundry is an IEO platform for selected creative and innovative projects that would benefit from a kick start funding campaign. Also, once the relevant licenses and the technical infrastructure are in place, the Foundry would integrate the primary issuance of tokenized securities (STOs). The first offering on the Foundry IEO platform will be the DACX native utility token which will be available during October on a first-come-first-served basis on completion of a satisfactory full KYC. These funds will be used by DACX to expand their offerings, improve infrastructure, capital reserves, and license fees for operating in regulatory jurisdictions, improving their cross-border payment network and paying to maintain the exchange insurance fund.
DACX EXCHANGE:
New technology enables a global business to reach new audiences around the globe to ensure a pathway for international clients now than ever before. Organization has been hampered with not ensuring multi-language support is part of the ongoing strategy, customers should always be at the core of your business objectives, and part of this is providing them with a seamless experience.
A multilingual help desk, whether in-house or acquired through outsourcing companies is key as the product grows A trading matching engine is a software used to match buy orders, bids, and with sell orders, offers. It is the most crucial part of any exchanges as this is what allows users to trade with one another and the entire reason why they registered on the platform. Trading matching engines follow an algorithm that determines a set of rules they must abide by, how they work, how many orders they can handle across how many pairs and how long it takes. A multi-threaded process is more advantageous, but only a few crypto exchanges implemented it as it requires more work, experience, and time to build.
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 that is stored on our internal servers for frequent transfers. Only a small portion of funds will be kept available 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: It is an outdoor office wallet that is held by enterprise-wide hardware wallet solutions with governance, multisig, and access limits enforced by the Hardware Security Machine. Multiple signatures from authorized personnel are required to approve a transaction and access is limited to the private network terminal.
Hardware Wallet Integration: Comments on Ledger hardware wallet integration, and X (with Pictures)
Cold Wallet: This wallet is kept offline and transactions are signed on an offline computer by senior management executives.
ASSETS:
The DACX exchange lists stable USD coins and BTC pairs for all cap trading coins and utility tokens. Prepare a list by gathering feedback from community members. Over time, more coins will be added. We usually add only credit, user base and liquidity exchange coins and utility tokens. For existing or future projects wishing to be listed on the DACX foundry for the primary offering or the secondary market trading on the DACX exchange, the terms and costs of the promotional listings should be utilized. The DACX Exchange platform is scalable in terms of technical and practical applications, so in the first quarter of 2020 we want to have a gradual STO for the first publication and the second transaction. Our roadmap is online for the latest progress indicator.
DACX TOKEN DETAILS:
Symbol: DACX
Total supply: 786 million coins.
At the ICO, it will be possible to purchase a DACX token for ETH, BTC, LTC.
The platform on which the DACX token is created: Ethereum (ERC20).
KYC needs to get through.
DACX is incorporated in the United Kingdom.
IEO Price: 1 DACX = 0.2 USD.
Soft cap: 5,000,000 USD.
Hard cap: 35,371,741 USD.
ROAD-MAP:
TEAM:
PARTNERS:
For More Information About DACX Project, Please Kindly Visit The Links Below:
Website: https://dacx.io/
Bitcointalk thread: https://bitcointalk.org/index.php?topic=5154783.0
Facebook: https://www.facebook.com/dacx.io
Twitter: https://twitter.com/dacx_io
LinkedIn: https://www.linkedin.com/company/dacx-group/
Medium: https://medium.com/dacxinc
Telegram: https://t.me/OfficialDacx
AUTHORS’ DETAILS:
Bitcointalk Username: Dtotti78
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2343031
My Eth Wallet Address: 0xc5A639F58CB8DeFfFF8513e2Ad5f28f46d678b74