DAGNet

What is DAGNet

Brief Overview

Cryptoeconomics has just started to be developed as a separate sector of the economy. Cryptoassets market is very volatile, it is still lacking transparency and efficiency as compared with the stock and money market.

DAGNet's mission is to create transparency, efficiency and comfortable use of bitcoin on the market. DAGNet is already used in the CryptoBankOne integrated digital platform (CRS) to work with cryptoassets.

Using an approach based on the combination and interaction of standard technologies, we have created an ecosystem that solves blockchain problems and is comfortable for the user when opening cryptocurrency accounts, conducting transactions with bitcoin and converting it to fiat money for payments.

Full privacy and high efficiency enhances profitability of the accounts on the DAGNet platform.

The DAGNet project is supported by a professional team of experts in various fields of cryptoassets utilization, and in the use of other financial instruments, technological solutions, and promoting various projects on international markets.

Our Philosophy

Our philosophy is based on the development of universal principles, ethical standards and rights that have priority importance in people's lives. Such values mean that the community has to turn to personal economy that is the basis for material, cultural and spiritual welfare of the individual.

Our vision

Digital economy is becoming an increasingly important driving force for global economic development in the formation of new markets and sectors. It also provides for comprehensive sustainable growth and development, especially in the banking sector. Digital technologies fundamentally change the logic of banking services, therefore it is necessary to develop a consolidated position of the community in respect of present-day challenges. The main challenge in the world during the transformation into a information-oriented society is who is going to take the responsibility and determine the future line and architecture for the digital economy, who will start changing the outdated processes.

Our goals

Our goal is to form a cryptoeconomics ecosystem, to develop digital banking processing, to ensure safe storage and transaction privacy, to create conditions for the realization of personal economy in line with the tendencies of natural progressive development of our society.

Anonymity

Bitcoin is not anonymous, it is rather pseudo anonymous — the majority of crypto society participants know it. Many computer programs identify crypto currency users within a few seconds. Not only the cell phone number and the email can be tracked, but also the person’s address of residence, his/her number of the crypto wallet and money in it.

Security

The decentralized nature of the blokchain results in a lack of a control center, which means there is no one who can quickly make a decision in a critical situation. Thousands bitcoins were stolen from hundreds of user wallets in the period from 2011 till present. Many crypto currency projects (for example, MT.Gox, BTC-e and WEX exchanges) ceased to exist because of wallet hacking and theft of funds.

Transaction Speed

At the maximum throughput of BTC blockchain of 7 transactions per second, the average speed of transaction confirmation is 25 minutes, which restricts the use of bitcoin in payments

Mass Use of Cryptoassets

Lack of user-friendly digital platforms with a possibility to perform transactions between cryptoassets and fiat currencies in one place. It is, probably, the most significant factor constraining the mass use of digital assets.

Process:

Based on the DAGNet technological solution, to design and create a digital banking platform enabling its users to resolve the issues of privacy, speed and security of transactions with cryptoassets. To integrate a set of services into the platform to carry out trancactions with cryptoassets and fiat money in one place and thus to ensure absolute convenience for user operations. Solution to this problem is a key to form a full-scale ecosystem in cryptoeconomics.

Organizational:

To organize a "Customer Service Department" and create an infrastructure of regional call centers. To organize regional client support offices in 100 cities around the world.

Structural:

To organize a DAGNet data processing centre (DPC), to ensure the development of an international network of regional servers and to integrate them with banking services at the local level. To develop software that ensures high security of the user interface of the digital platform and of the entire ecosystem.