DACX
DACX Exchange Commodity Exchange

DACX is a London blockchain startup. This project is still being drafted in the third quarter of 2018. The aim of the Digital Asset & Commodity Exchange is to enable the exchange of new generation digital crypto assets that use advanced technologies such as machine learning, artificial intelligence, high-performance computing, and DLT to provide a reliable and compatible market. .
Their main goal is to develop platforms for the primary and secondary markets for crypto assets. They also want to enter the world of tokenized securities and various goods. Therefore, their products are intended not only for retail, but also for regular and experienced customers.
In addition, they will provide as many opportunities as possible for all investors and this will lead to high liquidity in the market.
Because of its unique security features, DACX uses machine learning to monitor online what is happening in the market, thereby preventing hackers from fraud. This is done to give its users high security.
I want to note that their MVP was launched in January this year.
What problem does DACX solve?
Fraud.
Many of you know that when cryptocurrency, exchanges and so on arise, many scammers start appearing that attack ordinary users, thus stealing their money and personal data.
- Bad work exchanges, payment systems and so on.
As a rule, high volatility causes a reboot of the entire system. Most traders suffer because of this, they wait a long time for order processing and hence some suffer losses.
- Inability to withdraw or deposit Fiat.
Many exchanges function with fiat. And often it happens that they do not comply with regulatory requirements and this leads to violations of banking relations. Therefore, fiat holders' funds are risky.
- Management confidentiality
Some exchanges do not specifically reveal the identity of their leader. This shows that they are not responsible.
The DACX project wants to deal with this and many other serious problems.
Security
To ensure the security of digital assets in our custody, we use four types of crypto wallets:
- Hot Wallet This is a wallet that is used on our internal servers for frequent transfers. Only a small portion of funds will be used available for frequent transfers. All Hot Wallets come in encrypted form and the decryption key is only applied by approved personnel at predetermined intervals for approval of outgoing transactions. This avoids the consumption of assets if our internal servers are compromised.
- HSM Protected Semi-Cold Wallet. 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 of the personnel transferred are needed to discuss one transaction and limited access to the private network terminal.
- Hardware Wallet Integration A comment about the integration of the Ledger nano hardware wallet, and X (with Pictures)
- Cold Wallet This wallet is transferred offline and transferred to the computer offline by senior management executives.
Some problems in our industry:
1. Response Time
2. Lack of answers to questions.
3. Inability to understand what customers want.
4. Acceptance of responsibility.
5. Decision. Leave customer complaints unresolved.
About DACX
DACX is a digital exchange of crypto assets and various goods, registered in London. This exchange works with the help of artificial intelligence!
The advantage
1. Exchange meets all of the regulatory requirements, as it works fiat.
2. You can make payments in currencies such as EUR, USD, GPB and so on.
3. Not only crypto and fiat assets are presented, but also goods, indices, options, and so on.
4. Reliability and security at a high level.
5. Processing transactions of up to 10 million per second.
6. Control over trading and manipulation happens in real time using machine learning.
About Tokens
The internal exchange token is DACX. Tokens issued in a total of 786 786 786 DACX. DACX ERC20 is standard on the ETHEREUM platform. The price for the token is $ 0.2. Currency accepted - USDT. The minimum fee is $ 5 million. The maximum collection amount is $ 35 million.
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 the operational jurisdiction to AN
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Conclusion
In my opinion, the DACX exchange looks promising, because the interface is simple and convenient, has a high level of security, works under intelligent contracts, controlled by machine learning, operational transactions, not only crypto assets, but also fiat, products will be presented, options , etc., and many other interesting and useful advantages. Therefore, if the team continues to work, then I think they will achieve their goals and the exchange will have many users.
For more information about DACX:
Exchange: https://www.dacx.exchange/
Twitter: https: //twitter.com/dacx_io
Facebook: https://www.facebook.com/dacx.io
Telegram: https://t.me/OfficialDacx
Github: https://github.com/DACX-io
Medium: https://medium.com/@dacxinc
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5154783.0
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