HONG KONG–(BUSINESS WIRE)–Right this moment, ixFintech Group introduced that its new product, the Digital Asset Trade Machine (DAEM), is now touchdown at Cyberport, Hong Kong*, making accessible for the Cyberport neighborhood to do its first-round trial. The machine permits the Cyberport neighborhood and guests to be taught and expertise and buying and promoting digital belongings utilizing money and digital pockets, view the ixCrypto Index efficiency, in addition to different KYC-related capabilities. Totally different from different crypto ATMs, DAEM is the world’s first actually decentralized alternate machine outfitted with post-quantum computing safety expertise.
“2020 marked the yr for the Group to maneuver into the DEFI house with the completion of DAEM”, said Irene Wong, the founder and CEO of IX Fintech Group. “We’re very grateful to have the assist from our companions, 01 Communique from Canada and CryptoGo from Hong Kong to appreciate our imaginative and prescient on the brand new era ATM – the DAEM. We hope the brand new DAEM will contribute to ixFintech’s blueprint of the digital asset ecosystem and notice our imaginative and prescient on future fee and blockchain remittance. Sooner or later, we’ll cooperate with some monetary product issuers to offer monetary merchandise associated to the ixCrypto Index, then tokenize these merchandise, and supply extra different funding decisions to the DAEM customers.”
ixFintech Group just lately expanded its footprint in Singapore by incorporating a brand new subsidiary IXFINTECH SG PTE. LTD, specializing in digital asset relating enterprise. For extra particulars in regards to the DAEM, please go to http://daemtech.com/. For a trial, please contact firstname.lastname@example.org.
* The machine is now situated within the Good-Area, Core E, 4/F, Cyberport 3
About ixFintech Group and ixFintech SG
ixFintech Group is a Hong Kong based mostly Fintech group with three subsidiaries: ixFintech (“IXF”), ixAsia (“IXA”) and ixFintech SG (“IXS”). ixFintech Restricted is a Fintech firm established in 2015. As a former participant of the Cyberport Hong Kong Incubation Program in 2016, ixFintech graduated by launching the ixOption App in August 2018, which was awarded with the ET Web Fintech Awards 2018. It was additionally awarded with the “Prime 10 Buying and selling Answer Suppliers in APAC 2019” by CIO journal within the USA.
IX Asia Restricted (“IXA”) is a finance consultancy firm with main operations in Hong Kong. Its providers cowl finance training, funding product design, funding product advertising and marketing advisory, and an index analysis unit. As a key participant of the Cyberport Hong Kong, and supporter of the College of Hong Kong (“HKU”) Internship and Profession mentorship program, IXA launched the primary Hong Kong cryptocurrency index – ixCrypto Index along with its mentees from HKU in 2018 with a rising subscription. The index platform was awarded the ETNet Fintech Award- Excellent Crypto Index Platform (Wealth Funding & Administration) 2019.
ixFintech SG is a Singapore firm included in 2020 to concentrate on digital asset associated enterprise in Singapore.
Cyberport is an revolutionary digital neighborhood with over 1,500 start-ups and expertise corporations. It’s managed by Hong Kong Cyberport Administration Firm Restricted, which is wholly owned by the Hong Kong SAR Authorities. With a imaginative and prescient to be the hub for digital expertise thereby creating a brand new financial driver for Hong Kong, Cyberport is dedicated to nurturing a vibrant tech ecosystem by cultivating expertise; selling entrepreneurship amongst youth; supporting start-ups on their progress journey; fostering trade growth by selling collaboration with native and worldwide companions; and integrating new and conventional economies by accelerating digital adoption in the private and non-private sectors.
Concerning the DAEM and ixWallet
DAEM (Digital Asset Trade Machine), a DeFi machine, is the primary subsequent era ATM outfitted with submit quantum computing safety. The machine permits the alternate between money and digital belongings (cryptocurrencies, actual asset backed tokens, and safety tokens) with KYC and three ranges of safety. ixFintech goals to construct the very best subsequent era digital asset monetary framework, working along with its decentralized IX Pockets, focused to facilitate alternate between conventional belongings and digital belongings by way of an ixPoint system. It can additionally assist blockchain remittance to switch funds globally sooner or later. The entire system is really decentralized, that means the financial savings of the purchasers are all on the blockchain however not within the machine. The machine is supplied with patented expertise from our Canadian companion, IronCap. Each transaction right here is tri-protected by community safety, time-protected token (instance OTP) and cryptography expertise, which supercomputers can not hack.
Web site: http://daemtech.com/