Traditionally, exchanges are centralized and the supply chain of assets is a black box. The asset service is complex, and the logic required for end-to-end transaction exposes the supplier to the risk of performance, credit risk, and delivery risk.
Problems affecting massively accepting Blockchain and distributed accounting technologies as an alternative to traditional trading, liquidation, and asset recognition practices come from the deep infrastructure built over the last half-century to regulate and process the exchange of these assets. assets. .The imagination of the world in which every means is committed to distributed/decentralized ledd (DLT) by service providers. Each change of ownership is recorded in the distributed book and is assigned to the invariable block of the chain. In this new world, asset replacement does not require overheads, settlements or bridges, and ownership changes may be immediate.
AbacasXchange offers APIs (Application Program Interfaces) by which micro-transaction gateway resources can be exchanged for other, less current, cryptographic currencies through block service providers. This automatic editing and payment processing will allow the intercom program without the need to maintain backup crypto valves for each block chain that can be used. Any property can be traded in AbacasXchange if it can be displayed with the asset and value tag that is transferred to the blockchain of a distributed book. Anything, anywhere and anytime.
While other companies may not be willing to invest their joint stocks in the blockchain, AbacasXchange is able to do it today. Assets such as stocks can be converted into completed Abacas tokens that hold and convert other stocks into tokens. Tokens are traded on the stock exchange based on the value of the asset in question and any change in ownership is transferred to the block register. Abacas token can be traded at any time against the property in question. AbacasXchange provides the appropriate backlog for placing orders on the market and limiting all funds on the stock exchange. When liquidity cannot be detected directly, AbacasXchange will try to link orders through “Gateway Assets” to create a cash price on the pair of trading chips.
Abacas protocol is a coded workflow that applies a solid set of cryptographic asset strategies to ensure the identity, asset testing, pricing, order input, combined transaction processing, active service and lifecycle management, and transfer value. every part of the operation. Abacas Technology: AbacasXchange uses four major technology levels: web client, service engine, orchestration course and database
The Abacas Protocol Foundation is a non-profit foundation whose main purpose is to establish the Abacas Protocol as a global standard for symbolized assets and cryptic currencies that are mostly sold. When it is established, subscribers will receive ABCS, whose cost and convertibility will be determined by the ERC20 algorithm after the sale of the token. ABCS is the first intelligent.
AbacasXchange is a cloud-based trading system that is distributed throughout the world and operates 24 hours a day, 365 days a year. If a token is available for sale, it can be purchased at any time and anywhere in the world. The Token that will be implemented using the Abacas protocol, establishing the AbacasXchange network.
AbacasXchange uses the “ABCS” tag as the fuel that charges the exchange services. In order to facilitate fees for micro-transactions in exchange, the ABCS can be divided. ABCS are mutually substitutable with asset providers who wish to make an exchange. Investors who want to buy a symbolized asset. retailers and sellers who want to use liquidity exchanges. investors who want ABCS or any other service that wants to use AbacasXchange as an external supplier.
The allocation will be used to develop, promote and support related applications, general Abacas implementations, common initiatives and related technologies such as simple block browsers, web services, portfolios, new smart-token logical industry and crowdfund solutions.
This creates an unchangeable transaction record that clearly defines the property; It is also used as a review tool to ensure user transparency and alignment of deposit assets. The time of change (ownership change) greatly improves when the asset deals with the book. Examples of block services include customer identification, knowledge and buyer verification, property verification, money laundering control, and, of course, transfer of value to external chain blocks.
AbacasXchange provides a framework and workflow in which blockchain (and traditional) providers can integrate and provide exchange and processing services.
The identity of assets and metadata.
• Any property added to AbacasXchange is registered with the asset code and metadata code that categorizes assets and establishes property information, including the manner in which the evidence of the existence of the asset, the authenticity proof, and the source certificate are certified.
User identity and metadata
• Each exchange user is uniquely identified and verified by Know-Your-Client certification. In addition, metadata is stored in each user to classify them in terms of nationality, geographic position, etc.
The rate of change of property parity through price discovery.
Manage orders with the ability to create multiple correspondences in 3 or more resources.
Work-specific workflows that include service channels where service providers can connect and provide part of the AbacasXchange processing facility.
• Each third-party service provider must register with AbacasXchange and be certified as an Abacas proxy provider.
Web Socket and HTTPs API for pricing, order insertion, order history, and token balance.
Integration APIs that support pipeline services, including block-based services, as well as traditional non-blocked services. These services are typically linked via Web Sockets and HTTP using data in JSON format.
A distributed exchange register registered in the chain of assets and delayed asset blocks.
AbacasXchange checks the existing community to make sure chips and assets are in balance. Provides secure, decentralized backup of your private keys.
Abacas’s order management process is transparent to the community. All transactions are published in a public register and can be reviewed. With Abacas, that’s so easy. Any asset can be traded on the AbacasXchange if it can be represented by an asset token and value conveyed on a distributed blockchain ledger. Any Asset, Anywhere, Anytime.