DigiDex (DGX)

DigiDex is a blockchain-based crypto payment solution, providing alternative financial services in local currencies.

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

What is DigiDex

DigiDex is a blockchain-based crypto payment solution that provides alternative financial services in local currencies.

DigiDex’s main goal is to create a globally accessible alternative to traditional banking. The team has been developing a DigiDex payment app (accompanied by a prepaid card) to facilitate cryptocurrency transactions at the point of sale.

DigiDex claim to have partnered with an existing payment network to allow their cryptocurrency wallet to be used in multiple locations. The DigiDex wallet has 10 subaccounts that can store up to 10 currencies (local and crypto). The DigiDex solution envisages creation of State Channels that will enable instant transactions between the customer and DGX.

All transactions will be conducted using an ERC20 DigiDex token (DGX). The DigiDex token will be employed to pay for setting up the State Channels. The users will send the tokens to DigiDex and exchange DGX to make a fiat purchase through the global payment network.

The launch of the DigiDex blockchain payment platform is scheduled for Q4 2018.