PAIN POINT: CURRENCY AND DIGITAL ASSET EXCHANGES
- 1. Security Breaches
Hackers are evolving faster than technology, people are aware that data breaches and loss of funds are becoming more frequent due to cyber-attacks.
- 2. Program Bugs
Simple bugs can lead to the user having to pay the higher taker fee instead of the maker fee, transactions that aren’t recorded properly in the ledger or larger bugs can also lead to temporary trading stops.
- 3. Bank Run
It is common practice for traditional exchanges to keep fractional reserves. Similar to a bank run on a traditional bank. With more and more people withdrawing from an exchange the likelihood of the business actually becoming insolvent increases.
OUR SUCCESS STORIESWISXE EXCHANGE
Our blockchain-enabled exchange system encompasses a comprehensive range of financial products and services, capable of supporting both fiat to fiat and fiat to digital asset conversions in real-time. The Coalculus exchange solution has been implemented by WisXe, a crypto and fiat currency exchange and financial institution incorporated in Lithuania.