FLYER'S NOTE: SWIFTLANCE DECENTRALIZED EXCHANGE (SWIDEX)

Blockchain technology enables distributed public ledgers that hold immutable data in a secure and encrypted way which ensures that transactions can never be altered. Cryptocurrency is made possible by Blockchain technology, Digital assets such as Bitcoin, Ethereum, Litecoin, and ripple are the early cryptocurrencies or digital assets in the Blockchain industry.

Blockchain technology is an innovative, disruptive technology and its massive adoption has widely spread into the financial industry. As a matter of fact, the application of this technology is now evident in financial world where experts, developers and programmers are building new software, machines and applications using Blockchain technology.

CENTRALIZED EXCHANGES (CEX)

Centralized exchanges are the most common and early trading platforms adopted by majority of users in the cryptocurrency industry. They are centralized, act as intermediaries between traders with several rules of who, what, and when to trade. Wallet addresses are provided for users to deposit digital assets and in turn, they offer virtual digital assets on the trading platform for users to trade. The user’s funds, assets are majorly stored in a central wallet; it is owned, controlled and managed by a central administrator.

COMPARISM BETWEEN CENTRALIZED & DECENTRALIZED EXCHANGES

PROFERRED SOLUTION

P2P DIGITAL ASSETS TRADING

SWIDEX is a DAPP and token protocol that provides an open peer to peer decentralized trading platform that is instant, fast and secured where its users are able to eliminate intermediary barriers and controls of the centralized cryptocurrency exchanges. SWIDEX is not controlled by a central administrator or entity but it offers a platform where users are empowered to trade directly within themselves on the term they choose.

MISSION AND PURPOSE

We aim to provide a decentralized P2P trading platform with smart contract technology. A world where users trade digital assets with equanimity. A burning protocol will be integrated into SWIDEX smart contract where SWIDEX tokens will slowly be burn until 30percent(1.5 billion) of the total supply is successfully burned.SWIDEX will offer dividends in form of Ethereum (Eth) quarterly to holders of SWIDEX tokens. This is to reward SWIDEX token holders as stakeholders of SWIDEX.

ROADMAP
SWIDEX will offer numerous dividends, airdrops and technology advancements. The roadmap below reiterates upon the order of execution SWIDEX will take.

SWIDEX TOKENS (SWDX)
SWIDEX tokens is built on Ethereum Blockchain, ERC-20 with a total supply of 5,000,000,000(5bn) SWDX. SWDX is the native token of SWIDEX, serve as fuel for the exchange. Itenables liquidity and powers open, fast and secured transactions between users of SWIDEX.