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.
Cashbery Coin ecosystem provides decentralized currency for the end users and the option of drawing new participants into business operations and loyalty schemes for businesspersons due to the Cashbery Coin transparency, safety, and usability. Distributed registry implementation with all data synchronized with the whole network, almost completely reduces fraud cases, double сharges, chargeback, and unauthorized transactions.