DACX – Wong Linglong3

Digital Asset & Commodity Exchange

About

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.

In this case an 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 quickly and transparently handles complex transactions when matching orders and removing 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 of being a unifying bridge between the legacy financial markets and emerging digital economies. And also the mission to be achieved in our project is, to become a trusted digital currency provider and regional authority on blockchain technology, making smart economies work for all people through empowerment, transparency and innovation throughout the world.

Features

Some of DACX’s key features are, but not limited to

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 Tokens

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 have 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.

DACX Token (DACX)

We have issued our own utility token, called the DACX Token. A strict limit of 786,786,786 DACX has been created, never to be increased and total supply will be reduced through frequent token burns. DACX token will run natively on the Ethereum blockchain under ERC 20 token standards.

Universal Wallet

Universal Wallet is the core storage unit of DACX Remit. It makes use of DLT, traditional banking and custodians to store the following types of assets in one wallet: