The openANX platform will leverage technical developments on the Ethereal blockade such as payment lines (Raiden, 0x, Swap, ERC20) and leverage them to address current CEM challenges. This will co-opt the strength of existing models to improve existing decentralized exchange efforts by linking existing exchange platforms ("Asset Gateway") to the network and enforcing collateral guarantees that will give users a way to measure risk. It will also provide an off-chain dispute resolution system and can be legally confirmed to provide much-needed consumer protection.
Technology Platform:
The technology platforms to be delivered by openANX are as follows:
• Specification of the market operation model as described in the previous section
• Ethereum smart contract to govern and operate the market as determined
• Integration with one or more exchange channels (especially Swap, Raiden, or 0x) to
Appropriate support
• API for any off-chain intersections with gateway, trading, KYC, order function
Book registration, dispute settlement, DAO governance and service enhancement or
Platform
• Implementation of standard user interface to enable account management
And trading (expected the community will also provide additional users Implementation of the interface as a fully open platform)
Market Infrastructure :
The openANX platform will consist of the following market participants:
• User exchange
• Asset Gateway
• Order book ordering
• KYC / AML Services
• Dispute dispute
• Member Voting
The era of decentralized exchanges :
Disadvantages of centralized exchanges prompted by the emergence of decentralized exchanges. Two categories can be distinguished in the global scale; first category only works with Fiat, the second only works with digital tokens. Began to appear decentralized exchange working with digital tokens (https://cryptoderivatives ) and protocols such as 0x and Raiden to trade one token based blockchain. The exchange between the network and the appearance blockchain lightning exchanges there between, is promising.
Participan :
openANX leverages the strengths of both centralized and decentralized exchanges. To meet the growing needs of the exchanges will attract many participants.
With so many teams or people who work hard to openAnx will be successful. So you do not have to worry for the team from openANX no need in doubt. Because this team has been chosen from people who are good in technical terms
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