DTX Exchange became one of the biggest ICO stars following its remarkable milestone: hitting the $2 million fundraising goal. The huge interest in this new ICO can be linked to the key challenges it aims to address in the wider trading landscape. The investment platform was designed to address challenges faced by traders and conventional trading platforms. This includes limited access, financial exclusion and a lack of diverse asset classes, among others. It also seeks to bridge the gap between crypto and traditional financial systems. It stands out by giving access to a wide range of financial instruments that cut across DeFi and TradFi, including cryptos, equities, forex, stocks, bonds and more. This will see it break into and reshape the $10 billion global trading market, making it a new DeFi project to keep on the radar.
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The concept of Garbled Circuits actually dates back to the late 80s, when it was proposed as a solution to Yao’s Millionaires’ Problem by famous cryptographer Andrew Yao. Imagine that there are two millionaires, Alice and Bob, who want to know who between the two of them has more money. The problem is that no one wants to reveal how much they have exactly. Instead of revealing the amount of money each of them has, they can solve their dispute with the help of Garbled Circuits. Alice and Bob each write down their net worth in encrypted text, as a string of letters and numbers. Both of them put this piece of paper into a black box, and after a split second, a piece of paper is ejected with the name of the richer person. In this example, the black box is the Garbled Circuit, a powerful computer program that can perform complex calculations on encrypted data without leaking any information.
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In recent years, inflation has become as much a part of Argentina’s identity as asado, the world-famous fried meat dish. At the same time, the country, as Forbes USA found, has the highest cryptocurrency adoption rate in the Western Hemisphere, but reliable exchanges are almost never used Inflation in Argentina has totaled 276% over the past 12 months, and its rapid growth is clearly demonstrated by the changing diet of the country’s residents. Demand for beef, the staple food of Argentines, is falling as people switch to less expensive sources of protein like pork and chicken. With some experts predicting prices to rise by as much as 600% this year, steaks are not on the table for now. And while Argentines are only just beginning to think about changing their diet (they consume twice as much beef per capita as the United States), they have been finding ways to exchange the ever-cheapening peso for decades.
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