HONG KONG–(BUSINESS WIRE)–At present, ixFintech Group introduced that its new product, the Digital Asset Trade Machine (DAEM), is now touchdown at Cyberport, Hong Kong*, making out there for the Cyberport neighborhood to do its first-round trial. The machine allows the Cyberport neighborhood and guests to study and expertise and buying and promoting digital belongings utilizing money and digital pockets, view the ixCrypto Index efficiency, in addition to different KYC-related features. Completely different from different crypto ATMs, DAEM is the world’s first actually decentralized change machine outfitted with post-quantum computing safety expertise.
“2020 marked the 12 months 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 comprehend our imaginative and prescient on the brand new technology ATM – the DAEM. We hope the brand new DAEM will contribute to ixFintech’s blueprint of the digital asset ecosystem and understand our imaginative and prescient on future cost and blockchain remittance. Sooner or later, we are going to cooperate with some monetary product issuers to offer monetary merchandise associated to the ixCrypto Index, then tokenize these merchandise, and supply extra various funding selections to the DAEM customers.”
ixFintech Group not too long ago expanded its footprint in Singapore by incorporating a brand new subsidiary IXFINTECH SG PTE. LTD, specializing in digital asset relating enterprise. For extra particulars concerning the DAEM, please go to http://daemtech.com/. For a trial, please contact email@example.com.
* The machine is now situated within the Sensible-House, 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 companies cowl finance schooling, funding product design, funding product advertising 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 modern digital neighborhood with over 1,500 start-ups and expertise firms. 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 business improvement 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 technology ATM outfitted with publish quantum computing safety. The machine allows the change between money and digital belongings (cryptocurrencies, actual asset backed tokens, and safety tokens) with KYC and three ranges of safety. ixFintech goals to construct one of the best subsequent technology digital asset monetary framework, working along with its decentralized IX Pockets, focused to facilitate change between conventional belongings and digital belongings by way of an ixPoint system. It would additionally assist blockchain remittance to switch funds globally sooner or later. The entire system is really decentralized, which means the financial savings of the shoppers are all on the blockchain however not within the machine. The machine is supplied with patented expertise from our Canadian associate, IronCap. Each transaction right here is tri-protected by community safety, time-protected token (instance OTP) and cryptography expertise, which supercomputers can’t hack.
Web site: http://daemtech.com/