DACX

a platform that bridges the gap between physical goods and digital assets



Greetings to all cryptocurrency lovers, I will write an article about a crypto project called DACX. For more details, I will discuss below
DACX is the next generation of exchanges that seeks to improve its competitors in the arena of exchange in the fields of security, compliance, and speed. Not only that, but it will make a list of STOs as well as fractionation and tokenising of traditional commodities such as Real Estate and Precious Metals.
About DACX Exchange
Digital Asset & Commodity Exchange utilizes artificial intelligence and high-performance computing technology, optimized to provide markets that are efficient, secure and in accordance with product solutions for institutional and retail class customers. Our emphasis is on the fractionalization of all forms of assets and commodities through tokenization. To bring more opportunities to be included in all types of investors, which in turn adds further liquidity to this traditional market.
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. Dacx's goal is to provide a platform for primary and secondary markets beyond traditional cryptocurrency, by exploring the world of securities and tokenized commodities.
DACX bridges the gap between physical commodities and digital assets, promoting the reuse of limited 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.
Since the beginning, 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 proved to be influential in driving;
  • An independent environment that enables clearer strategy and development
  • Creativity & innovation are accelerated and at stake
  • More attention to our customers
This allows the organization to stay focused and remain relevant with respect to changes in the regulatory landscape and investor appetite for ICOs.
What is DACX Contribution
This alliance mainly consists of the Executive Chair of more than 70 industry organizations. As DACX CEO, Chaudhary shared his thoughts on joining:
Coming from diverse backgrounds from risk analysis, quantile finance, machine learning, commercial real estate, and also later being the founder of DACX, I have been given hands-on experience through rounds and rounds of regulation. So taking into account all the wealth of experience and information, this can add value to current and future STA members. There is also always an opportunity to explore common paths and grow together among members. "
Chaudhary and DACX brought "T-shaped experience" as new members of the Alliance, with a variety of experiences across vertical industries and expertise in digital assets.
This contribution will prove to be very valuable for other members and increase business cross fertilization.
What problems are solved by DACX?
Cheating
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.
Poor labor 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 fiat exchange functions. And often it happens that they do not comply with regulatory requirements and this causes violations of banking relations. Therefore, fiat holders' funds are risky.
Confidentiality of management

Some exchanges do not specifically reveal the identity of their leader. This shows that they are not responsible.
Security
As mentioned in the introduction, the breach of exchange and hacking security is an ongoing problem despite the efforts of the largest exchange in the crypto space. Being a new DACX exchange will certainly be a target. I cannot fully discuss the security measures and DACX protocol here because this was not disclosed by the exchange for obvious reasons.
Nonetheless, DACX will use a variety of wallets that range from hot wallets to making a small number of frequent transactions, semi-cold wallets that are held offsite and that have access limits enforced by the Hardware Security Machine, and finally, cold wallets that are held in c off-line and can only be accessed by off-line computers that can only be accessed by senior management executives.
Internal systems can only be accessed through special terminals and smart cards will be part of this access process.
Foundry DACX
Foundry is an IEO platform for certain creative and innovative projects that will benefit from a kickstart funding campaign. Also, once relevant licenses and technical infrastructure are available, the Foundry will integrate pegged issuance of primary securities (STOs).
The first offer on the IEO Foundry platform will be the original DACX utility token that will be available in October on a basis of who comes first served after satisfying the full KYC completion. These funds will be used by DACX to expand their offerings, improve infrastructure, capital reserves, license fees to operate in regulatory jurisdictions, increase cross-border payment networks and pay to maintain exchange insurance funds.
DACX tokens include many uses and advantages of the DACX market. This is a utility market, therefore users can obtain almost all platform services through tokens. This is also how DACX achieves the goal of producing a more attractive trading market. The prize system uses all DACX tokens to make the market more attractive.








For Further Details about DACX:
Bitcointalk link:   https://bitcointalk.org/index.php?top  ...

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