AWAX Blockchain Of Trust / AWAX

About AWAX Blockchain Of Trust / AWAX

The world need a new financial system. Today's global financial system was not designed to move trillions of dollars for billions of people every day. As a result, consumers and businesses experience slow transactions, high fees and poor compatibility between currencies. AWAX is the next generation banking and financial platform where users seamlessly can invest in both passive and active management funds such as ETF, cryptocurrencies, Commodities and more. We have the blockchain as the solution and are excited to present the latest cutting edge global blockchain-based banking and exchange platform. Capable of delivering near-instant transactions, seamless commerce between fiat, digital and real-world assets. All this services delivered with highest of security and at low fees compared to traditional alternatives. We present to you AWAX – Bank & Multi-Functional Exchange Platform

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Timeline / Roadmap

Team Members

AWAX is building a new blockchain-based solution for investing in exchange-traded funds and value, passive coin-traded funds and active coin managed funds. Through the effective use of smart contracts, order and issuing fees can be reduced to a fraction of traditional costs. This will make investing in AWAX more financially inclusive across all income classes. Artificial geographical trading restrictions, including the need for a bank account, can thus be eliminated. Counterparty risk can be reduced to mere minutes. Furthermore, we are introducing a new system of passively managed cryptocurrency baskets, which reduces the risks and high fees of actively managed coin funds by using liquidity providers, incentivized by arbitrage effects. Our system is based on an underlying rule-based asset allocation rather than high-risk contracts for difference. It uses the asset-first principle, which incentivizes asset vendors to deliver assets before getting paid, thus further reducing investor risk.