Cryptocurrencies and blockchain are becoming increasingly popular and are causing an uproar in online news. Decentralized finance is quickly becoming the hot topic of conversation online and around the dinner table. Forbes, Financial Times, and CNN are just a few to have already earmarked cryptocurrency as the future of finance.
Following a record of development progress in the crypto ecosystem, the team behind Openware is pleased to announce the arrival of an update to OpenDAX – a crypto exchange software that crypto startups and Fintech industry titans can leverage to enhance their businesses.
Headquartered in US San Francisco, Openware is a reputable software engineering company whose mission is to develop advanced blockchain technologies for the global financial landscape. Openware seeks to create a transparent, accessible, and safe financial ecosystem.
Openware provides businesses and developers with the leverage to build distributed ledger applications and decentralized marketplaces, which users can access remotely from anywhere in the world. Openware has offices in the US, France, Ukraine, and Thailand.
The Openware team has more than 15 years of experience in Fintech. So far, Openware has successfully launched over 100 Blockchain-related projects, empowering different businesses and startups to take advantage of the crypto market’s exciting opportunities.
The Leadership Of Openware
Louis Bellet is the man behind the success of Openware. He is an adept businessman, cloud architect, and Blockchain expert. He co-founded Helios Technologies with Camille Meulien in 2006, which later translated into Openware.
Louis believes that good architecture should be reliable, efficient, extensible, and scalable. He also believes that software quality relies on open-source collaboration, extensive manual and automated testing, expert release management, and professional security hardening.
What Is OpenDAX?
OpenDAX is an acronym for “Open-Source Digital Assets Exchange.” At its very core, it is a crypto trading platform to power up financial and marketplace business. OpenDAX platform consists of public and private open-source libraries to facilitate the trading and exchange of cryptocurrencies, digital assets, and security tokens.
OpenDAX is the main Blockchain product of Openware. OpenDAX is designed and developed to operate a flexible SaaS crypto marketplace with native risk control and robust security. Additionally, OpenDAX can help you scale projects to meet any financial projections and business needs.
OpenDAX 2.6 Update
The team behind Openware is pleased to announce that it has recently updated OpenDAX to version 2.6. The latest upgrade has added a Gnosis base plugin to the platform, increasing the safety of funds. OpenDAX now works on the ERC-20 protocol and supports PostgreSQL and MariaDB databases. Developers can choose the one they feel is most suitable for them.
To reduce the waste of cloud resources and the risk of security exposures, the team has implemented a unification of all the approved wallets for tokens and ERC-20 compliant currencies; users can also set withdrawal limits on the crypto exchange with ease.
Another feature of the 2.6 update is that it provides smart contracts alongside enhanced brokerage support. OpenDAX 2.6 recognizes and manages smart contract deposits and can efficiently integrate with CoinGecko and CoinMarketCap API Endpoints.
This integration means users can access useful information from these third-party platforms for a secure crypto conversion experience. Furthermore, OpenDAX users can now change their account anchor information, such as their email addresses, a previously inaccessible feature.
Openware Blockchain Development Roadmap
The Openware team can help crypto startups design and develop cryptocurrency exchange software on par with crypto industry titans like Coinbase, Kraken, and Bitstamp.
In the first quarter of 2021, the Openware team plans to adapt user free groups for token holders. The team is also set to design a robust referral system. Within the same quarter, Openware plans to integrate Binance and TRON Blockchains fully.
For the third quarter of 2021, Openware intends to add the support for Margin or Futures trading contracts in OpenFinex order-matching engine, as well as support Over-the-Counter (OTC) and Peer-to-Peer (P2P) trades.
Following this, in the fourth quarter of 2021, Openware will look to fully support a Multi-party computation service (MPC), allowing transaction distribution signing processes without shared secrets.
Recently, there was a significant spike in the price of Bitcoin, prompted by the interests and involvement of Tesla. In the coming months, we believe that the crypto market’s capitalization will double, if not triple.
For more detailed information on available Blockchain software solutions, you can contact Openware team at: