DAEX PROGRAM

September 17, 2018

Today many people around the world use exchanges to invest and trade every day. Blockchain is seen as one of the greatest inventions of the 21st century that creates disruptive technology that is still evolving. The two types of exchanges operated now are distributed and centralized exchanges.

The initial creation of the blockchain is a bitcoin blockchain where the value associated with it is primarily a peer cryptocurrency distribution 2 peer means. When the ethereum blockchain was introduced, everyone began to see other uses of blockchain technology. The industries that have been implemented are security, media, banking, medicine and agriculture. Many other industries can emerge because they continue to grow. However, because cryptocurrency continues to grow,

Distributed exchanges are exchanges based on distributed ledger technology. This distribution ledger technology makes it run on its own without the help of people for service or maintaining its operations. Users of exchanges of funds or tokens are safely distributed because exchanges do not have access to

it. This is seen as a source of digital values and assets that can be stored for value. This has caused a lot of illegal activity by hackers, fraudsters and theft by some immoral elements

. do not know what is SWOT, it is Strength, Weakness. Opportunities and Threats of items, parameters or ideas. It helps in decision making and shapes solutions to expected problems and continuous improvement of an idea.

TERMINOLOGY

DAEX Wallet: This is a wallet that can be used by people all over the world to hold their crypto currency. It will also access exchanges to be able to trade crypto currencies and act as a clearing chain to manage its assets.
Chain clearing: the platform will function as a clearing house for crypto currencies that will be based on distributed ledger technology. It will also use the Clearing as a Service (CaaS) process to provide clearing services to exchange crypto currencies
Multi-party private keys: this will make the user's wallet very safe because the private key will be split into several parts. Some parts can be used alone and some are put together for use.
Clearing as a Service (CaaS): the platform will also use clearing services that will be provided using cloud mode

POWER

DAEX wallets came when needed, when investors began to be less interested in crypto because of theft and uncertainty
so Daex had the following strengths:

DAEX has jointly considered the security layer in the wallet that won't be easily damaged.
Wallet owners have security for their digital assets that they can use on all platforms
Daex is arranged in such a way that the mulit-segment key system determines it to be safe and secure and also applies the clearing value factor in the consensus in advance for disbursement of rewards
Enhanced user experience cannot send them easily as is the case with other wallets that have been used for hacking owner accounts

weaknesses

So far is an impressive platform with good security for wallets still saying that the strongest point of a chain is the weakest part in other words that the weakness of the daex ceiling lies in which the team decides to act naughty and this I know has been guarded by transparency team brought to the public.

opportunity

I see a great opportunity in the DAEX wallet because every clearing house of digital assets requires a safe system to continue to exist, after the team has shown consistency in security. Every exchange, investors will look out for the DAEX

THREAT wallet

Because so many other platforms are introducing their own ideas about security, this can be a threat to the development of DAEX wallets, but this can be easily shaken by the DAEX team who are doing more research to improve their work and come out on top.

CONCLUSION

The world today has many decentralized and centralized exchanges that are already operating. But most of these existing platforms charge high fees and deposits and withdrawals can take hours before they are finished. And this can cause traders and investors to lose good profits on targeted trades. So there is a need to have a platform that is more flexible and easy to use and this is why with millions of Daex traders and investors around the world will have no problem meeting their trading targets.