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Singapore, July 10, 2021-(ACN Newswire)-BlueHelix Group (BHEX) released the world’s first decentralized trading platform that supports decentralized cross-chain access and any asset trading on July 8 HDEX. HDEX is the perfect landing for BlueHelix’s decentralized financial strategy, and will continue to empower the BHEX centralized trading platform, BHEX Cloud Saas&Whitelabel solutions, and BHEX Chain in the BlueHelix group ecological sector.
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HDEX decentralized exchange is based on BHEX Chain technology, Bluehelix patented decentralized private key generation technology. It overturns the CEX and traditional DEX models, supports arbitrary links and transactions between heterogeneous chains and homogeneous chains, is fully compatible with various cross-chain technologies and standards, and provides a technical foundation for HDEX to change the business logic of the digital asset trading platform.
Therefore, through HDEX, users can achieve “decentralized cross-chain asset safe access, exchange and circulation of any transaction pair on the chain, and rapid transfer of assets between any public chains, truly realizing a complete cross-chain DEX model.” .”
Innovation and integration of DEX+CEX
As we all know, in the process of digital currency trading on a centralized exchange, the exchange is responsible for the entire transaction process such as fund custody, liquidity, matching transactions, and settlement and settlement. The platform has absolute rights and controls the security of users’ assets, and users are in a weak position. With the development of DeFi, the rapid rise of DEX has solved many problems of centralized exchanges:
-Asset ownership risk: Users do not need to hold assets in CEX, assets are under their control.
-Regulatory risk: Unable to be truly supervised by the government and not affected by policies.
-Transaction risk: Users do not need to worry about counterparties and transaction fraud.
DEX makes up for the shortcomings of CEX and meets the actual needs of users. At present, the market value of some DEX platforms has surpassed CEX, and the trading volume and daily active users continue to grow.
However, DEX on the market is built on a single public chain and deployed through smart contracts, such as Uniswap on Ethereum, MDEX on HECO, and Pancake on BSC. Or the Layer 2 mode on Ethereum, such as Loopring and Zkswap, and…
The full story on Benzinga.com
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