Introduction
Let's go to continue this blog with other project. First of all, for who missed previous entry, what's a cryptomoney? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
Today there are thousands of coins on the market, already in operation, such as Bitcoin, Ethereum, Ripple, etc., but there are many thousands more that are about to leave. The former are called cryptocurrencies and can be purchased on many websites such as Coinbase, Localbitcoins, Kraken, etc. The others are the so-called ICO's (Initial Coin Offering), which can be obtained with significant discounts and price runs through small contracts and transfers through Ethereum. But there exist others those that have just been born, which are not even in the ICO phase, which launch campaigns to attract the public attention, these are the Airdrops. With this, we can get thousands of coins for free. I emphasize these because it's a way to win cryptocoins even if the market is as it is. Through this way you never lose money.
However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As we all know, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account. For this reason, that is why I choose the best of them through an exhaustive study of the main characteristics.
For this reason, the project I am going to present you is DigiDex, the DigiDex token is a blockchain-based platform that take part of a global solution to facilitate borderless transactions.
Definition
As I said before, DigiDex Global Payments (DGX) (https://digidextoken.io/) is a platform based on a chain of blocks that consist of an alternative to traditional banking with a better way to spend, save and share money, free of charge and directly from a mobile. Making a real-time exchange of cryptocurrency in fiat, somebody can make instant payments at the point of sale of a block chain wallet requires, which allows real-time POS (point-of-sale) transactions directly from the cryptocurrency private wallets of the users.
Goals
The main objective of DigiDex is to create a globally accessible alternative to traditional banking in the form of a digital wallet, which is able to allow users to store money securely, access it instantly and make transactions with it anywhere, in any currency through the DGX token, directly from a smartphone, using only the DigiDex application. How it works
Basically, the platform works through State Channels, a technique to perform transactions outside the chain with the same security guarantees as a chain operation, in which participants can exchange a large number of transactions with each other instantly. DigiDex Network uses State Channels because it is a form that provides the speed required for the purchase mechanism at the DGX point of sale and is a cost-effective approach to allow transactions.
So, in more detail, the first step is to create the State Channel by making transactions and status changes. At this point, the user authorizes a transaction to send the equivalent in cryptocurrency to the DGX platform and also authorizes his account in local currency to pay for the requested purchase.
through its global network of payment methods on behalf of the user.
Once the user keeps the funds ready, he signs and publishes a withdrawal request, which requires an operation in the chain. To close a State Channel, one of the parties signs and publishes a closing request for the State Channel.
Advantages
- Avoid the lack of acceptance of cryptocurrency by merchants.
- Instead of writing each payment transaction in the blocking chain, DGX will create State Channels between the client and DGX, which provide real-time transaction guarantees in the blocking chain.
- a free alternative to traditional banking with a globally accessible platform to spend, save and share your money.
- A fiat digital account provides a gateway to the widespread adoption of criptocurrency by pairing it with access to leading financial services and new smart features in a simple and easy-to-use platform.
- DGX creates a positive and sustainable relationship between users and their money, without the stress associated with most products or financial transactions.
- DGX offers its members free digital money services, including: Real-time conversion, Tap-to-pay functionality, multi-currency wallet, social sharing to celebrate important moments in the DGX World Stream, possibility of withdrawing money from any ATM, etc. .
- Users and companies can exchange their blocking assets seamlessly from one user to another, with transparency that currently does not exist in a centralized solution.
- The data will be used to provide personalized recommendations, simple ways to save, offers and relevant rewards.
- DGX uses industry-leading safeguards to protect your money, data and privacy, so accounts are secure and protected.
Roadmap
| Date | Stage | Events |
|---|---|---|
| QUARTER 1 | The Beginning | Foundation of DGX Token idea. Airdrop #1 and #2. Whitepaper release. |
| QUARTER 2 | Launch | Website launch. Official listinf on Forkdelta. Listing on Coinexchange and Mercatox. |
| QUARTER 3 | Development | Launch Blockchain-based payment platform. DigiDex Creditcard launch. Partnerships with DGX as payment method. |
| QUARTER 4 | Continuous Growth | Growing partnerships. Market expansion. Major Exchanges. |
Airdrop
The project gives the opportunity to earn Digidex (DGX) tokens performing some social media tasks and doing simple steps from the bounty program explained into the Bitcointalk webpage. Here (https://bitcointalk.org/index.php?topic=3161533.0) you can access to the link in order to see what are the conditions to become an early DGX contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (http://docdro.id/juAYq03). You can also stay tuned in their official Telegram group (https://t.me/joinchat/FW1Z0E-_olg1ocltBgLpiQ). I hope you liked the post and soon I'll send you new ones.Extra details
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| Token Distribution |
Author Details
Email: adria.parcerisas.albes@gmail.com
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71
I see many projects similar to it, do you know that it can make the difference?
ResponElimina