DAEX is a clearing solution for centralized cryptocurrency trading exchanges. Its clearing service is based on distributed ledger technology. Clearing and settlement rules are preprogrammed into clearing smart contracts on the DAEX clearing chain. The clearing process is automatic without people’s interference. The objectivity of clearing is guaranteed by the consensus mechanism on the clearing chain. Also, customers’ digital assets are registered and stored on the DAEX’s clearing chain. No other institutions or individuals can access these assets without the owner’s permission.
ABBC Foundation is a group of young global developers eager to create a momentum in the blockchain industry. The team has facial recognition technology and a stable payment solution, and is going to integrate these two technologies in order to create a platform for global payment and safe blockchain storage via its unique HD wallet for multi-cryptos. Alibabacoin Foundation solutions will combine the world commerce and enable it to become a more intense but abundant source by making payment and flow more easier and safer.