Digital Ticks Exchange (DTx) is just not another crypto to crypto exchange but is also a semi-algorithm platform provider in its own. DTx plans to cater to all types of crypto assets as well as commodity to crypto assets. DTx would be power packed by a lot of advanced features including all the basic features of an exchange required by a novice trader to a professional trader as well as for a high frequency trader.
Blockchains are secure by design and are an example of a distributed computing system with high fault tolerance. Decentralized consensus has therefore been achieved with a blockchain. This makes blockchains potentially suitable for the recording of events, medical records, and other records management activities, such as identity management, transaction processing, documenting provenance, food traceability or voting.
Benefits of Blockchain Technology
– Transparency and trust
– High availability
– Highly secure
– Simplification of current paradigms
– Faster dealings
– Cost saving
– Peer-to-peer global transactions
Challenges of Current Crypto Currency Exchange
1. Lack of Liquidity
2. Inefficient customer service
4. Latency Problem
1. Features – (To be rolled out on platform in following order)
– Crypto- Crypto Currency Pair
– Commodity- Crypto Pair
– Algorithms & High Frequency trading
– Decentralized (on-chain) exchange
– Much more for ease of doing trading…
2. Trading Coins / Commodities
Digital Ticks Exchange would support following trading coins / commodities:
To value and protect privacy and the security of the wallet. Digital Ticks Exchange has undergone lot of security checklist to keep client assets and personal data safe. Funds not necessary for immediate withdrawal are held in secure offline air gapped cold storage.
4. Multi Signature Wallets
Digital Ticks Exchange would be using Multisignature (often called as multisig). Multisig is a form of technology which is used to add additional layer of security for cryptocurrency transactions. Funds can be withdrawn through Multisig wallet only if 2 out of 3 registered signatures matches on Blockchain Technology.
5. Two-factor Google Authentication (2FA)
Digital Ticks Exchange enforces two factor authentications (2FA) at the time of log in as well as at the time of withdrawal of crypto assets. Withdrawal of crypto assets would also require an email confirmation to protect the security of the user.
6. DDoS protection
Digital Ticks Exchange would be using DDoS protection for its exchange to protect users from any type of hacks. A DDoS (Distributed Denial of Service) attack is an attempt to exhaust the resources available to a network, application or service so that genuine users cannot gain access.
DTx token would be available for purchase to public. DTx Token is an UTILITY Token. A strict limit of 128 MM DTx tokens will be created, never to be increased. DTx token will be a ERC20 compatible token and built on Ethereum blockchain technology.