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London based FinTech company BlockEx are bringing several innovations to the world of the digital exchange. They aim to disrupt the way the world trades by combining the best features of both traditional and digital trading. In addition, they provide tools for managing the entire lifecycle of blockchain based digital assets.
Trading Platform
The core of the service is their Digital Asset Exchange Platform (DAxP). This is a fully featured online exchange, offering real-time trading with HFT (high-frequency trade) capabilities. The system is designed to allow trading of any DLT (distributed ledger technology) based asset and provides full fiat on and off rails.
Brokerage Software
The platform is fully API driven and permissioned, and the BlockEx brokerage software provides everything a company needs to offer digital asset trading to its own investors. This includes features such as social and leveraged trading, anti-money laundering and KYC tools, and multiple skins. Assets offered can be limited by type, geographical region, or even limited to a single asset exchange.
Digital Asset Creation
There is an innovative asset creation tool, allowing traditional (and in fact any) assets to be traded in digital form. This allows companies to create bonds quickly and cheaply, and in the future will allow the creating of DLT based mortgages and loans. When combined with the brokerage software used as a single asset exchange, this allows the creation and management of ICOs through the platform.
BlockEx ICO Market
Specifically for ICOs is the ICO Market, which provides a space to bring together ICOs and investors. There are tools to manage ICO compliancy, and the platform provides a secondary market for tokens once the ICO is complete. ICOs launched on BlockEx will have pre-ICO activities that work on the BlockEx pot system. This gives every investor a fair opportunity to buy into a pre-ICO, even if it is oversubscribed.
BlockEx ICO
BlockEx is currently running an ICO for their own Digital Asset Exchange Token, DAXT. This will be the fuel of the platform, allow users access to services, and giving holders access to the Pot Allocation System for future pre-ICOs hosted on the ICO Market. Sale of the tokens starts later today.
To summarise, some words from BlockEx CEO, Adam Leonard:
BlockEx aims to be the bridge between traditional finance and the new world of blockchain. Our exchange was built to feel like a traditional exchange, but to offer the best in digital assets. The BlockEx ICO Market brings the good governance and regulatory framework of traditional finance to the innovative world of ICOs.
For more information about BlockEx please visit blockex.com or visit daxt.io to learn more about DAXT and the ongoing ICO.
What are your thoughts about the BlockEx ecosystem? How will it change how digital assets are created and traded? Let us know in the comments below.
Images courtesy of BlockEx, DepositPhotos
The post Blockex Bridges the Gap Between Traditional and Digital Finance appeared first on Bitcoinist.com.
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