Pratiwi Kusumaningtyas: DACX - Digital Asset & Commodity Exchange

We will provide Article to present the “ DACX ” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.

DACX, a London based fintech/blockchain start-up located in the famous Technology Accelerator known as LEVEL39. The DACX project was conceived during Q3 2018, with a vision to provide a next generation digital asset exchange which leverages machine learning and DLT to ensure a safe and compliant marketplace. Our goal is to provide a platform for both primary and secondary markets beyond traditional cryptocurrencies, by venturing out into the world of tokenized securities and commodities. Therefore, our product offerings cater solutions to the retail sector, professional and institutional grade clientele

Since inception, DACX has come a long way, our MVP was launched in January 2019, whereby the team made the decision not to not seek external funding for the project at such a premature stage. This proved influential in driving;

❖ An independent environment allowing for clearer strategy and development

❖ Creativity & innovation to be accelerated and risked

❖ More attention towards our customers

Digital assets & Commodity Exchange utilize superior computing and computing technology, optimized to produce product solutions that are broad, economical, secure, and suitable for institutions 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 bridges the gap between physical commodities and digital assets, promoting the reuse of limited resources to drive the global circular economy.

Features

By hosting advanced security features, DACX implements machine learning for real-time market surveillance to prevent suspicious activity and security threats & uses KYC/AML on-boarding for its clients.

Some of DACX’s main features are

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 Token

UI Review

For further development, we have a vision to become a bridge between the old financial market and the emerging digital economy. And also the mission to be achieved in our project is, to become a trusted provider of digital currency and regional authority on blockchain technology, making smart economies work for everyone through empowerment, approval and innovation throughout the world.

DACX Exchange will list Stable USD coins and BTC pairs for all exchange coins and utility tokens. We will stage the listing by taking input from community members. And we will add exchange coins and utility tokens that have credibility, user base and strong liquidity.

Security

Hot Wallets
HSM Protected Semi-Cold Wallets
Hardware Wallet Integrations
Cold Wallets

Virtual Debit Cards

DACX Remit will supply a Virtual Debit Card for its users. Users will be able to use this debit card for their day to day payments and users will be able to decide on a list of assets to be used for payments.

In case destination currency for payment is not available in Universal Wallet or does not have enough balance for that particular payment, enough amounts of other assets defined in the list will be auto converted to destination currency through DACX Exchange and payment will be completed.