As an architecture combining block chain and internet of things (IoT), Ruff Chain includes a public chain for development as well as a distributed operating system. It extends the point-to-point network and consensus mechanism from the virtual to real world, and promotes the motion of atomic flow by information flow. RUFF Tokens, validated by virtual currency contracts, are placed in the Ruff Chain; they are the standards for incentivizing, consuming, and trading in the Ruff Chain community.
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.