Elitium is building products that will power a shifting economy, connecting the old world to the new. Digital solutions that solve problems related to currency, to finance, to how people enjoy their everyday lives: what we are building is an ecosystem spanning digital investments and digital luxuries that will alter expectations around what currency can do. A digital currency you can hold, spend, invest: and it affords you the freedom to explore.
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.