Wemade Tree Unveils’WEMIX DEX’, a platform-only blockchain-based exchange

Wemade Tree (representatives Seok-Hwan Kim and Ho-eun Oh), a subsidiary specializing in Wemade blockchain, unveiled its own decentralized exchange WEMIX DEX service today (2nd).

WeMix Dex is a decentralized exchange where game tokens can be exchanged for WeMix tokens.Users can exchange game tokens such as Tornado and CQ Zuanshi used in the WEMIX blockchain platform. Mix tokens can be exchanged.

In particular, compared to existing centralized exchanges, users can directly own and trade digital assets, and it has been improved to speedily process rather slow transactions pointed out as a problem of general decentralized exchanges.

All transactions of WeMix DEX are executed on a’smart contract’ (a conditional automatic contract execution), and transactions (transactions) are stored in blocks.

Smart contract refers to a digital contract method in which contract conditions are preprogrammed based on blockchain technology and the contract contents are automatically executed when the conditions are met.

In addition, all transactions and movement of tokens can be checked in the blockchain explorer’WEMIX Scope’, which monitors the Wemix blockchain block data, and through the node data of the Wemix blockchain, which has irreversible characteristics. Verification is possible.

How to use WeMix Dex can be easily used through the digital asset wallet WeMix Wallet developed by WeMade Tree.

On the other hand, WeMade Tree plans to globally release <Jaeshin Electric for WEMIX> developed with <Legend of Mir 2> IP on Thursday.

“WeMix Dex will play a key role in creating a sustainable blockchain ecosystem for the WeMix platform,” said Seok-Hwan Kim, CEO of Wemade Tree. In addition, Wemix Wallet will be an important milestone in providing comprehensive services to blockchain users beyond simple wallet functions. “In the future, we plan to complete the service by supporting transactions of NFT (non-replaceable tokens). ”

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