Digital Asset & Commodity Exchange

DACX
DACX
Oct 26, 2019 · 3 min read

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

This allowed the organization to stay focused and remain relevant in respect of the changing regulatory landscape and investor appetites towards ICO’s.

During this journey we have made progress not only on the product side but also within the blockchain community by forming affiliations and working relationships with established organizations in this space. On the regulation front, being a centralized exchange with goals of listing STO’s in the near future, it was in our interest to design compliance in the core of our architecture to mitigate current and future regulatory risks. Therefore, our platform integrates KYC, AMM, and AML to monitor real-time risks which mitigates suspicious market behaviors.

By pitching our cross-border testing proposal to the FCA lead consortium of regulators, formally known as GFIN (Global Financial Innovation Network). DACX was one of eight successful firms to have been shortlisted for the pilot. Our proposal entailed utilization of DLT and machine learning to facilitate cross-border transactions of multi-currency payments, assets and commodities via tokenization, smart contracts and escrows.

This will be an ongoing journey where DACX intend to write the standard for quality and attainment within this sector, we have open registrations for client on-boarding and running an active Affiliate/Referral Program.

Our IEO is now Live on https://dacx.exchange.

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https://dacx.io/wp-content/uploads/2019/09/DACX_WhitePaper.pdf
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https://dacx.io
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https://dacx.exchange
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https://twitter.com/DACX_io
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https://t.me/OfficialDacx
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https://www.facebook.com/dacx.io

@DACXinc

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