Ignis IGNIS to DAEX DAX Exchange

Crypto Pair Details: IGNIS to DAX

Ignis IGNIS

Jelurida is developing its next generation scalable blockchain platform – Ardor, currently running on a testnet. The unique design of this platform allows the simultaneous existence of multiple blockchains, known as child chains, with many features and with their security guaranteed on a global level by the parent Ardor chain. The first child chain of Ardor will be the Ignis child chain which will use IGNIS tokens for its operation. All existing and well tested Nxt blockchain features will be available on the Ignis child chain, with multiple Ardor platform specific enhancements being added.

DAEX DAX

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.

SOURCE: COINGECKO

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