PEERDAX: The new Transaction Exchange with Innovative Features



Security of the property is considered the most important factor for the property owners. Moreover, traders are always concerned about the safety of transactions they make during trading. These two factors are important to be considered as existing security platforms have certain issues while providing maximum safety to the transactions and properties. So, the team of PEERDAX came to the market with the idea of developing such system to ensure maximum level of security to transactions. The trading platform is a new and an innovative platform which will transform the concept of online transaction security by providing an insurance fund. Hence, it is not only about allowing the safe transactions but also gives insurance to the owners in case of any loss. Collectively, PEERDAX believes in building trusted relationship with its users by guarding their assets in every respect.
Traders are the professional people who understand the value of each and every coin which common people normally do not realize. Small transactions normally are not considered enough to be awarded but with PEERDAX, these little amounts or transactions have equal opportunity to prove their potential as we believe in that different vision provides better results so as professional traders can take benefit of our different but better options. PEERDAX exchange allows an easier and convenient solution to the issues by giving a transaction platform which will be helpful in reducing the transactions time while providing enough security (https://peerdax.com/).
The next important question that comes into mind in that why we claim to have better security compared to our competitors in the sector. The answer lies in the deep architecture and design approach used in developing PEERDAX exchange. Users will have the opportunity to lock each and everything from the beginning to very high-level data. The approach is going to be much helpful in case of any attack as if any hacker gets the chance to enter into any security layer, he will not get everything opened and there will be much more to unlock before he accesses to any funds of the traders and users’ data. Four defense layers have designed to ensure safety and security, named as the front end, the database, the wallet actor and the individual wallets. The last one includes the “bitcoined and litecoind”. The front end component cannot have direct access to the users’ wallets but only the wallet actor component have such authority. The frontend component has the ability to look up at the database to have the view of all deposits and withdrawals by the user but this front end has very restricted permissions and only the wallet actor component is allowed to process any new deposit or withdrawal of amount in the users’ account. It gives us the freedom of detecting any attacker or hacker before he reaches to the individual’s wallets to steal any coins (https://ico.peerdax.com/whitepaper.pdf). Not only that but we also provide the insurance if our system fails to guard your assets.
Note: The ICO (Initial Coin Offering) will be live from 29th October 2017 for PEDX coins.
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My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1329726;sa=forumProfile

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