Midex (MDX)

What is Midex

Midex is a licensed exchange within the blockchain-based financial platform which consists of conventional banking products and digital technologies.

Midex platform is based on blockchain technology and smart contracts. To prove the fulfillment of transactions, the Internet of Things (IoT) function is used.

Midex issues and sells its own internal currency, an ERC20 utility token — MDX token (MDB and MDI). MDX tokens have several functions on the platform; they can be used for increasing cash withdrawal or transaction limit, getting the manual cash fees discount, keeping the tokens within the system to make one’s P2P credit conditions better, getting to some locations of Midex VR office, customizing one’s profile on the platform, paying for goods, paying for access to confidential information of Midex analytical center and for getting personal trading, business, investment consulting services.

The Midex ecosystem includes: a cryptocurrency exchange, blockchain and smart contracts in Midex, payment system, investment platform, credit platform, Midex ICO Center (MIC), secure transactions (Escrow), VR Office.

Midex products and services provide storage, transfer and exchange of cryptocurrency assets. All Midex products operate separately from each other, which will be able to provide local maintenance works without complete shutdown of the service, as well as increasing fault-tolerance of the system during maximum loads.

Midex is intended for several main groups of consumers: private clients, business, traders, investors.