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Cryptocurrency
Cryptocurrency
Nevertheless, in spite of the substantial amounts, there are crucial problems that banes the market which
includes the activities of cybercriminals, price exploitation, the pump and dump ICO schemes. However,
a platform has been inaugurated to ensure the distribution of digital assets clearing ecosystem based on
the blockchain technology, also creating a high-tech encryption standard, enabling for a secured,
confided, and clear ecosystem which will be beneficial. Presenting the Digital Assets Exchange (DAEX).
Security
Liquidity
Transparency
Efficiency
Digital Assets Exchange contrives to bring a disjunction between trading and clearing, placing them into
entities. Notwithstanding the fact that the clearance and agreement will be performed by DAEX's clearing chain,
trading amenities will still be allocated by centralized exchanges. And the open source of the universal blockchain
will also make provisions for the complete ownership of their assets to traders by issuing them a multi-segment
private key to gain entry to a “MULTI ASSETS WALLET”, (the DAEX's wallet). This gives an allowance for
traders to centralize their exchanges with attached benefits that separate the problems existing today, (trust and
security).
Asides this, there are other problems that affects the cryptocurrency market, including cybercriminal
activities like the online cryptocurrency hackers, Rapid increase of different cryptocurrencies, poor
productivity over distributive exchanges and so forth. The platform DAEX has given an assurance to
the solutions of these problems, carefully ensuring the provision of an adequate infrastructure that
would amend the trading activities done in the cryptocurrency market.
CONCLUSION