DIGITAL ASSET & COMMODITY EXCHANGE-Global Regulator Compliant

In a fast paced and rapidly changing world of cryptocurrency, it is important for cryptocurrency owners, investors, analyst and everyone in the cryptocurrency space to be kept abreast of current trends, innovations and analysis. Absolute control over information is an herculean task if not nearly impossible, there is increased risk of harsh user experience in the world of cryptocurrency and a rapidly advancing technology such as blockchain.
In a world of hackers, fraudsters and individuals who seek to take advantage of other people’s naivety, it is important to have access to tools, data, analysis and information to keep one up to date of current event happening in the everyday crypto space. Information is power, with the right tools, you are indomitable. But gathering these information from various sources proved to be a time sapping and effort consuming task. A perfect solution would be to have an ecosystem which provides these tools to everyone ranging from investors to cryptocurrency experts or people who are newly venturing into the crypto world in one giant platform and this is where DACX comes in.

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. The 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.

Brief History

DACX, a London based fintech/blockchain start-up located in the famous Technology Accelerator known as LEVEL39. The DACX project was conceived during Q3 2018, with a vision to provide a next generation digital asset exchange which leverages machine learning and DLT to ensure a safe and compliant marketplace. The goal is to provide a platform for both primary and secondary markets beyond traditional cryptocurrencies, by venturing out into the world of tokenized securities and commodities. Therefore, the product offerings cater solutions to the retail sector, professional and institutional grade clientele.

Since inception, DACX has come a long way, the MVP was launched in January 2019, whereby the team made the decision not to not seek external funding for the project at such a premature stage.

This proved influential in driving:

An independent environment allowing for clearer strategy and development

Creativity & innovation to be accelerated and risked

More attention towards our customers.

This allowed the organization to stay focused and remain relevant in respect of the changing regulatory landscape and investor appetites towards ICO’s. During this journey DACX has made progress not only on the product side but also within the blockchain community by forming affiliations and working relationships with established organizations in this space. On the regulation front, being a centralized exchange with goals of listing STO’s in the near future, it was in the interest to design compliance in the core of the architecture to mitigate current and future regulatory risks. Therefore, the platform integrates KYC, AMM, and AML to monitor real-time risks which mitigates suspicious market behaviors.

By pitching the cross-border testing proposal to the FCA lead consortium of regulators, formally known as GFIN (Global Financial Innovation Network). DACX was one of eight successful firms to have been shortlisted for the pilot. The proposal entailed utilization of DLT and machine learning to facilitate cross-border transactions of multi-currency payments, assets and commodities via tokenization, smart contracts and escrows. This will be an ongoing journey where DACX intend to write the standard for quality and attainment within this sector, and as such from the 23rd September 2019 DACX shall open registrations for client on-boarding.

The Main Features

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

For further development, DACX has a vision to become a bridge between the old financial market and the emerging digital economy. The mission to be achieved in the project is to become a trusted provider of digital currency and regional authority on blockchain technology, to make an intelligent economy work for everyone through empowerment, approval and innovation throughout the world.

DACX Exchange will list USD coins and stable BTC pairs for all licensed coins and utility tokens. DACX will make a list by taking input from community members. DAXC will add connection coins and utility tokens that have strong credibility, user base and liquidity.

About DACX Ecosystem

According to DACX whitepaper, it will be able to efficiently utilize DLT and the machine learning to carry out tranactions across various countries of the World. It will supports multi currency through Blockchain technology.DACX objectives is to be one among the top notch financial service provider and they are equipping themselves with all what it required. This is exactly one of the reason they are being chosen among the Global financial innovation Network (GFIN) which currently is now FCA.

There are always potentials for market abuse in almost all sectors of business, this has prompted DACX to usher so much investment in risk management and surveillance. DACX implements AML /AMM system to make provision for trade surveillance and all sorts of risk management. In an efforts to ensure maximum security and guarantee the safety of investors and users funds , the exchange implements Hot Wallets and Cold Wallets,the HSM protected Semi Cole wallets and intergration of Hardware wallets in their Platform .

DACX Exchange will list USD Stable coin with BTC Pairs .The Exchange will deploy the following trading system in their platform

Spot trading for varieties of tokens and coins which meet up with the requirement and adhere to the terms and conditions of the exchange.

Primary and Secondary offering of Security token trading market.

Margin trade in Crypto and Fiat and currencies.

DEFI

DACX Will provide a friendly users interface for their proposed exchange and it will support Android , IOS and Website Client.Users will be able to navigate and make effective use of the platform due to its simplicity .

DACX Token (DACX)

DACX published it's own service token called DACX Token. A strict limit was created in 786 786 786 DACX, which never increased, and the total consumption will be reduced due to the frequent burning of tokens. The DACX token will initially work on the Ethereum blockchain in accordance with the ERC 20 token standard.

Token Distribution

Team members

Advisors

Roadmap

September 2019 - Pre-Registration