Review The openANX project

OpenANX is a new decentralized platform that is used in trading and exchange. The difference with the traditional platforms where the ability of users to trade securities risks have over the years been taken for granted is that the OpenANX is an application that uses Blockchain to bring about openness and transparency in the cryptocurrency market.

The concept behind OpenANX is that the efforts that have been taken to address the various issues customers experience in cryptocurrency market have not fully brought about a solution. Therefore, OpenANX strives to protect consumers as they quickly trade. This solution comes about as a result of increased interest in Bitcoin and Ethereum. The primary goal of OpenANX platform is to bring about a solution to the challenges of bringing assets such as fiat into the real world. Other decentralized platforms have not sufficiently addressed this problem given that it has been a major hurdle for mass implementation of cryptocurrencies.

Benefits to Consumers

OpenANX has offered numerous benefits to users. One of these advantages is that consumers will be able to achieve full custody of all their private keys as they transact using digital tokens. This benefit will bring about a decrease in the risks that have over the years been experienced in the cryptocurrency market. Another advantage is that OpenANX provides a resolution in the event of a dispute. The solution to disputes is that OpenANX delivers a resolution to access collateral.

This whitepaper describes the drivers of change in the future of cryptocurrencies. In doing so, the OpenANX will permit cost-effective trading where risks can be measured. With a firm belief that the decentralized exchange will rule the cryptocurrency market, the OpenANX organization plans to be at the forefront in the march towards an open-sourced and a transparent future through the OpenANX technology. The development of a full-scale prototype will begin in July 2017. It is expected that the working prototype will be in the market in 2018.

Resources:

Announcement
Website
Whitepaper