DACX

global business to reach new viewers all over the world

DACX, a London-based fintech / blockchain start-up located in the famous Technology Accelerator known as LEVEL39. The DACX project was prepared during Q3 2018, with a vision to provide the exchange of next generation digital assets that utilize machine learning and DLT to ensure a safe and compliant market. Our goal is to provide a platform for primary and secondary markets outside traditional cryptocurrency, by exploring the world of securities and tokenized commodities. Therefore, our product offerings provide solutions for customers at the sector, professional and institutional levels.

Since its inception, DACX has gone a long way, our MVP was launched in January 2019, where the team made the decision not to seek external funding for the project at an early stage. This has proven to be influential in driving:

An independent environment that enables clearer strategy and development
Creativity & innovation are accelerated and at stake
Get more attention from our customers.

This allows organizations to stay focused and stay relevant by changing regulations and serving investors towards ICOs. During this journey we have made progress not only on the product side but also in the blockchain community by forming partnerships and working relationships with established organizations in this space. On the regulatory side, as a centralized transition with the aim of gathering STOs in the near future, it is in our interest to agree to our core architecture to reduce current and future regulatory issues. Therefore, our platform integrates KYC, AMM, and AML to increase real-time risk which reduces the market risk posed.

By sending our cross-border testing proposal to the main consortium of FCA regulators, which is officially known as GFIN (Global Financial Innovation Network). DACX is one of eight successful companies selected to become pilots. Our proposal requires the use of DLT and machine learning to facilitate cross-border transactions in multi-currency, asset and commodity payments through smart tokens, contracts and escrow. This will be an ongoing journey where DACX intends to write standards for quality and achievement in the sector, and thus from 23 September 2019 we will open registration for incoming clients (see 3.11 for the Affiliate / Reference Program).

FEATURES

Some of DACX's main features are, but are not limited to

2FA
Crypto to Fiat
Rail & Settlement Banking
Anti DDOS
Hardware Wallet Support
Casting
MultiSignature Wallet
Universal Wallet-Remit Cross border payments
Kartu Debit Virtual
Security Token

DACX CHANGES

New technology enables global businesses to reach new audiences around the world to ensure a path for international clients now than ever before. Organizations have been hampered by not ensuring that multi-lingual support is part of an ongoing strategy, customers must always be at the core of your business goals, and part of this gives them a seamless experience.

Multilingual help desk, whether at home or obtained through an outsourcing company is key as the product grows. A trade matching machine is software that is used to match purchase orders, offers, and with sell orders, offers. This is the most important part of every exchange because that is what allows users to trade with each other and all the reasons why they are registered on the platform. Trading matching machines follow an algorithm that determines the set of rules they must obey, how it works, how many orders they can deal with how many pairs and how long it will take. Multi-thread process is more profitable,

Therefore, it partners with Modulus Global infrastructure providers, Modulus, a twenty-year-old developer specializing in HPC and financial technology, and has provided sophisticated technology products and services to clients including the NASDAQ Stock Market, JP Morgan Chase, Bank of America, Credit Suisse, Barclays Capital, Goldman Sachs, Merrill Lynch, Fidelity, TD Ameritrade, Devon Energy, IBM, Microsoft! Yahoo !, Google, Cisco, Adobe, Ford Motor Company, SAS Institute, Rutgers University, Chicago University, MIT, Oak Ridge National Laboratory, NASA, and thousands of companies, education, government and other nonprofit institutions, in 94 countries since 1997.

Their high-frequency trading solution, allows DACX to provide ten million transactions per second from the start and can be increased up to 8X if and when needed. In comparison, Bitfinex can handle around one million transactions per second, and Binance is only a little more - around 1.4 million. With latency as low as 40 nanoseconds, your portfolio can now go up and down 1.5 billion times in one minute. Even NASDAQ, with latency of 400 microseconds is 10 times slower. Unlike Nasdaq SMART, Modulus solutions track money laundering on crypto exchanges. Our system uses a deep learning neural network to identify hidden relationships in exchange and even in the blockchain.

Security

Hot Wallet This is a wallet that is stored on our internal servers for frequent transfers. Only a small portion of the funds will be saved 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 This wallet is an outdoor office wallet held by all corporate hardware wallet solutions with governance, multisig, and access limits set by the Hardware Security Machine. Some signatures from authorized personnel are needed to approve transactions and restrict access to private network terminals.
Hardware Wallet Integration Comments on integration of Ledger nano, and hardware wallet X (with pictures)
Cold Wallet This wallet is kept offline and transactions are signed on an offline computer by senior management executives.

active

DACX Exchange will list stable USD coins and BTC pairs for all high cap connection coins and utility tokens. We will make a list by taking input from community members. More coins will be added over time. We generally only add transition coins and utility tokens that have strong credibility, user base and liquidity. For existing or future projects that wish to be listed on the DACX Foundry for the main offer or for secondary market trading on the DACX Exchange, must benefit from the terms and costs of our promotion list. The DACX Exchange platform can be adjusted in terms of technological and practical applications, therefore, in Q1 2020 we agree to have a gradual STO to facilitate primary and secondary trading.

We will launch the platforms in the following order:

Trade coins to exchange Tokens & Utilities
Main offer and trade secondary market Security Tokens
Crypto Currency Margin Trading
Trade margin currency Fiat
DEFI

Platform supported

We will provide cross-platform trading clients to:
Web based trading client
Native Android client
Native iOS client
REST API
Web socket

Some of DACX's main features are, but are not limited to: Crypto

2FA

it is Fiat

Rail & Settlement Banking

Anti DDOS

Hardware Wallet Support

Casting

MultiSignature Wallet

Universal Wallet-Remit Cross-border payments

Virtual Debit

Security Security Token

Affiliate / Referral Program

DACX offers an Affiliate / referral program to increase brand awareness where prizes are available based on various levels of verification and hold. The total number of DACX prizes is limited to a maximum of 5,000,000 tokens. Prizes will be distributed at the end of the campaign based on the completion period.

Token DACX (DACX)

We have published our own utility token, called DACX Token. A strict limit of 786,786,786 DACX has been created, never increasing and total supply will decrease through frequent token burning. The DACX token will run natively on the Ethereum blockchain under the ERC 20 token standard.

ROADMAP