OpenAnx – Real World Application of Decentralized Exchanges Whitepaper
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With improvements in the Ethereum blockchain ecosystem brought about by state/payment channel developments and decentralized governance methodologies such as boardroom.to, significant functional improvements can be considered to the entire Centralized Exchange Model (“CEM”). Key to this concept is the deployment of a new decentralized exchange platform that allows
transparency for end users, holds collateral for participating gateways and provides a predetermined channel for dispute resolution. Current centralized exchanges are opaque, closed systems with limited visibility of security and access protocols, while the first generation of decentralized exchanges fail to adequately provide liquidity and trade volume for users.