DIGITAL ASSET EXCHANGE (DAEX): ERADICATING CHALLENGES FACED BY EXHA...

PRELIMINARY
Globally, cryptocurrency adoption is on the rise but not without some setbacks. Early adopters of the blockchain technology have a story or two to tell about this amazing and new innovation. So many industries (about 15%) have tapped from its untapped resources, agriculture sector, traveling sector, hotels and reservations, shipping and many others are glad they did while many out there are yet to tap from its untapped resources. The creation of the blockchain technology has given rise to the introduction of a vast number of digital assets each wanting to eradicate common challenges faced in our day to day life. Efficiently managing these digital assets is major constraint users and exchanges have to face, the blockchain technology is in dire need of a clearing ecosystem one that will eradicate traditional operations of the blockchain technology and help revolutionize its speed, security, transactions, transparency amongst other inefficiencies. Clearing service can be termed as a procedure whereby a company acts as a third party (intermediary) between transacting parties, their job is to provide more efficiency and a smooth trustful transaction.

INTRODUCING DAEX
DIGITAL ASSETS EXCHANGE (DAEX) is an innovation built on the blockchain technology whose core purpose is to distribute digital assets (cryptocurrency) in a clearing ecosystem. DAEX was created to curb challenges faced by crypto lovers globally which include; price fluctuations, low market volatility, liquidity amongst other numerous setbacks. DAEX will help bridge the gap between a wide range of centralized cryptocurrency exchanges, provide holders of cryptocurrency with a trustworthy avenue to store numerous digital assets that will be accessible when needed. Adopters of this innovation will experience a transparent, fast, easy, and decentralized that allows everyone to witness and share the benefits of the clearing ecosystem, DAEX will promptly execute new product listing work.

DAEX network is an intermediary (middleman) through which cryptocurrency management and decentralized clearing services are implemented. In order to reduce the level of trust of each center, DAEX will introduce a multi-level authentication technology and in turn increase of transactions and digital assets of users. Security on this platform is not a threat with the use of identity chain, this provides a trusted atmosphere in the sense that documents provided for verification purposes cannot be tampered with, stolen or deleted by anyone. DAEX as a clearing service network is based on a decentralized technology and it works between exchanges, traders, and DAEX.

HOW IT WORKS
★ Exchanges
★ Traders
★ DAEX
After depositing funds to an exchange, traders can use their wallet in that particular exchange to place trades, after these trades are executed exchanges send these matched trades to the clearing service (DAEX) for safe keeping.

CHALLENGES VERSUS PROBABLE SOLUTION
Adopters of the blockchain technology face lots of security problems, they often get hacked from cyber theft, and they can unknowingly click on malicious links which will result in them getting phished. Both digital asset investors and exchanges are faced with the security threat, prices of digital assets (cryptocurrency) often fall below average whenever an exchange gets hacked especially top exchanges and a huge amount of cryptocurrency get stolen. Matching speed and low liquidity is also an issue.
DAEX will provide a regularized clearing solution based on the blockchain technology which provides security for all cryptocurrencies and opportunity for users to be able to use them on various platforms. DAEX is secured, transparent with its services and open to both old and new exchanges.

DAEX WALLET
DAEX wallet supports a vast range of cryptocurrencies which are readily accessible using the multi-segment key, and users will have total and absolute control of their funds. This wallet provides multiple functionalities for digital asset trading which makes it an essential tool for managing digital assets. The asset clearing center component of DAEX wallet is facilitated by the decentralized chain (CLEARING CHAIN) which will help increase security and trust of transactions. DAEX wallet has the following functions amongst others:

★ Self-clear transactions
★ A good payment and trading expertise.
★ Universal digital asset management services
★ Reduced risk management and separations of permissions.
★ Transaction on this platform will be encrypted.
★Multi-segment key and identity authentication components.
★Multifarious assets and utmost security of private keys for individual asset owners.

TOKEN INFORMATION
NAME: DIGITAL ASSETS EXCHANGE
TICKER: DAEX
CIRCULATING SUPPLY: 370,323,972 DAX
TOTAL SUPPLY: 2,000,000,000 DAX
ALREADY LISTED ON: COIN MARKET CAP
RANK ON CMC: 164
PRICE PER DAEX @21/08/2018: $0.074c
24 HOURS VOLUME: $5,670,0000
ALREADY LISTED ON THE FOLLOWING EXCHANGES: LBANK (ETHEREUM, BITCOIN & USDT PAIRS), ALTCOIN (ETHEREUM PAIIR), INDODAX (IDR PAIR), BCEX (ETHEREUM)