Digital World Exchange (DWE) Cryptocurrency Exchange

We invite you to familiarize yourself with our white paper that you can read by clicking on the link on the website or at the end of this topic. Thank...

https://mma.prnewswire.com/media/754752/Digital_World_Exchange.jpg?p=publish&w=650
The founder of Digital World Exchange, Alexander Elbanna, is proud to deliver a platform which allows users to buy, sell, and trade while also having access to a digital marketplace referred to as the Amazon of Cryptocurrency. Alex is looking forward to the exchange expanding across the world, allowing people in isolated areas to utilize the exchange for payment and/or trade.

"One of the most difficult things we face in the world today is the fact that our economy discriminates against the hardworking class with low wages, minimal health care, and their inability to meet financial obligations," says Elbanna. "With Digital World Exchange, we will find solutions for every sector starting with agriculture, energy, financial, healthcare, housing, and education. Everyone who uses our cryptocurrency will have the opportunity to experience financial growth. Confirmations are instant, making our platform applicable to real-life situations such as buying a cheeseburger, paying for gas, and much more. Our goal is to make a currency that can be used in daily life to help the 99.9%.”

The coin is listed as DWE, and is not an ICO. The exchange is a soon-to-be decentralized blockchain network with instant confirmation of transactions. Digital World Exchange will become one of the primary solutions for global economic issues. It’s mission is based on supporting the community in a positive way which in turn will allow its community to support the exchange. "We back our exchange using BTC, gold and silver, and 51 percent of our profits go into purchasing more of these assets to make a more secure and valuable platform. We have a lot of plans moving forward, but will only announce them 48 hours prior to release. In this wild west world, we want to ensure your safety and security."

Digital World Exchange will open with DWE Pairings. Members meeting the minimum DWE ownership requirements will be able to buy a masternode and receive a percentage of all newly created DWE through mining performed, therefore generating passive income. A marketplace will also be available where members can use their DWE to shop and purchase goods and services.

"DWE payments will confirm in less than a second. Our Masternodes, Instasend, and Private send have an X11 Algorithm, mining software and Proof of work / Proof of Stake. We have ZeroCoin protocol for anonymous transactions, which \ will protect your financial information. PrivateSend ensures your activity history and balances will be private. Transactions are confirmed by 200 TerraHash of X11 ASIC computing power and over 4,500 servers hosted around the world. The same transaction, paid with DWE, would cost less than $0.01. i.e. It'd almost be free. In the Bitcoin network, transactions require 10 minutes for confirmation. For a business, this is unacceptable. PIVX transactions, on the other hand, are confirmed within 60 seconds and are most often instant. We are eco-friendly as it does not require any traditional computationally demanding miners to run its network. Our blockchain was built by forking from DASH and PIVX. Our programming languages are C++ and Solidity." Signing up for a membership is free at https://digitalworldexchange.com.

http://https://i.ibb.co/KjRz9jC/2.jpg

Who is Digital World Exchange?

🔹 We make digital currencies usable for businesses on a global scale.
🔹 DWE payments will confirm in less than a second.
🔹 Our Masternodes, Instasend, Privatesend, have a X11 Algorithm, mining software and Proof of work / Proof of Stake.
🔹 We will implement ZeroCoin protocol for anonymous transactions. This will protect your financial information.
🔹 PrivateSend ensures your activity history and balances will be private.
🔹 Transactions are confirmed by 200 TerraHash of X11 ASIC computing power and over 4,500 servers hosted around the world.
🔹 Our blockchain was built by forking from DASH.
🔹 Our Programming languages are C++ and Solidity.
🔹 Our Exchange is MEAN stack is MongoDB, Express.js, AngularJS, and Node.js.

https://i.ibb.co/S7M32fz/1.jpg

Welcome To Digital World Exchange, the future of digital business! https://digitalworldexchange.com

https://i.ibb.co/RpgmC7c/4.jpg https://i.ibb.co/ZmKB69j/5.jpg

WHITE PAPER

Introduction
Digital World Exchange (DWE) is a technical cryptocurrency exchange platform wholly owned by
Digital World Marketplace, Ltd, S.A., domiciled in Panama.
DWE simplifies the exchange of digital cryptocurrency and expands its use. Our blockchain platform
provides an extremely user-friendly interface that integrates speed of execution with a fair fee
schedule. Our global network of users readily participates in cryptocurrency exchange and storage
across country borders.
Secure encrypted digital wallets are available for both phone and desktop users, finally allowing the
smooth, safe transaction of digital currency exchange wherever you may be.
There are many exchange platforms in operation. What makes DWE different? First, our coins are to
be collateralized with gold bullion, gold certificates, and silver bullion held in certified banks and
other custodial facilities.
We plan on being around for the long haul. Our founders have been in the cryptocurrency space
almost since its inception. We have seen the fly-by-night exchanges come and go and have lost
money with the rest of the early adopters. We must remove the criminal element from our
cryptocurrency world.
We also see the exorbitant fees charged by the top exchanges and believe that to be wrong. The
nature of digital exchange is just that, digital. The backend of exchange should not be burdensome,
slow, overly restrictive, and monopolistic in pricing. A well designed and managed exchange
platform can perform its functions at a low cost.
We are very excited about basing our operations in Panama, and we welcome the opportunity to
accept their regulatory environment. Panama’s regulators see the benefits and inevitability of
blockchain technology and want to encourage it. As that happens, a cryptocurrency will be able to
achieve its goal of widespread acceptability and use. We are preparing for that.
Our Technology:
Digital World Exchange’s primary priority is to ensure a safe transaction delivery and to protect the
crypto assets of our customers in a governmentally compliant manner. We have developed our
platform with the benefit of studies of the past failures of others in this space. DWE hopes to form
solid links between Panama financial institutions, exchanges, and brokers on a single platform
designed for low-cost trading execution and transfer fees. We plan to actively solicit regulator input
into the design of our products and services to produce a best in the class exchange environment.
DWE is a centralized exchange for the time being until we reach a stabilization period. After a vote
from our community, we will decide if we should become decentralized.
DWE also provides the option of maintaining wallets on the exchange.
DWE provides on-chain, zero confirm, instant transactions between other DWE members with wallets
maintained on the exchange.
The DWE trading desk platform provides the matching of incoming orders, the maintaining of detail
order and execution records and real-time market pricing data including real-time charts.
DWE will restrict trading within the exchange to the top coins as presented by coinmarketcap.com
as the highest volume sellers. We do not support or list any coins as an Initial Coin Offering (ICO)
Competitive Advantages:
• Bitcoin, Gold, and Silver back DWE coins.
• Instant blockchain confirmations
• Mining without complex computer machinery or electricity costs
• Staking opportunities allow users to earn rewards with their coin balances
• User community active in the direction of the exchange
• Active marketplace to trade goods and services using DWE and zDWE
• Recoverable encrypted core hard wallet downloadable to user devices
• The telegram message board allows news to get to users real-time
Our Security Measures:
Digital currency and blockchain technologies have been built on a peer-to-peer foundation with the
intent to take the middleman, specifically banks, out of dealings between individuals and
businesses. Transactions can be done anonymously with only crypto wallet addresses being
exchanged during a transaction. This allowed nefarious characters to form and transact illegal
business with perceived impunity, as was evidenced by the Silk Road dark web site. It also allowed
terrorist groups and individuals the means to move money around the world. Such a system cannot
exist in the dangerous world of today.
The latest generation of digital exchanges has helped pave the way to reform by requiring strict
identification and vetting of potential customers. Also, detail logs and customer database records
are now available to provide clear audit trails and compliance with Counter-Terrorist Financing (CTF)
and organized crime regulations and measures. The term, Know Your Customer (KYC), is quickly
being refined and digital exchanges are leading the way in implementing policies and procedures to
establish customer identity and transaction compliance. Panama, along with other jurisdictions, is
establishing a regulatory system and environment to allow legitimate digital currency business to
thrive. Digital World Marketplace would like to come under Panama’s regulatory umbrella, help
define it, and grow our business while benefiting the people of Panama and citizens of the world.
Know Your Customer (KYC) and Anti-Money Laundering (AML):
The primary means of ensuring that a cryptocurrency exchange complies and monitors the spirit of
the security measures above is a robust KYC system and AML procedures to identify the customer
and vet their legitimacy. We are very excited about plans to standardize the procedures and
eliminate the need for paper requests that are burdensome on a digital system. Until that system is
operational, Digital World Exchange has developed its KYC protocol which includes obtaining:
• Copy of valid driver’s license with photo or current passport
• Copy of current household bill to substantiate name/address relationship
• Performing a database match of a user to known terrorist list through FinCEN
• In some cases, completion of an accredited investor questionnaire
• Projection of exchange use and large transactions and identify trends
• Obtain information for participating Panama bank for new accounts
• Introduce face recognition technology to the process
Protecting Customer Assets:
Trading digital currency can be a scary experience for the uninitiated. Pressing the button to send
currency into cyberspace can summon adrenaline to the sender.
Digital World Exchange’s primary priority is to ensure a safe transaction delivery and to protect the
crypto assets of our customers. Here is how we do that:
• Transaction Limits: Limiting the number of digital coins that can go out in a transaction.
• Velocity Limits: Defining a maximum number of digital coins that can go out within a defined
period (e.g., No more than 10 coins out in 15 minutes).
• Multiple Approvers: Defining a maximum quantity of digital coins that can go out without the
approval of a defined number of approvers.
• Whitelist: Limiting the transfer of digital coins only to a list of approved addresses.
• Enforce BSA Travel Rule on external withdrawals when appropriate
• Kill Switch: Freeze any wallet
• Core Wallet – Users can download a core wallet to their device. Data on the core wallet is
encrypted with a passphrase selected by the user. The data is automatically backed up on the user
device. It can also be backed up on user cloud files or removable storage devices
The DWE coins:
The Digital World Exchange coin, symbol DWE, is introduced as an incentive to do business with our
exchange. DWE is a Proof of Stake coin. The coin does not represent an investment in the Digital
World Exchange, nor will it be redeemable for any investment interest in the exchange. The value of
the DWE coin is market driven, and its price will thus fluctuate with the market. It will be traded on
many reputable exchanges besides ours.
The total number of DWE coins available is initially, 65,000,000 coins in circulation. The current
number can be seen on https://blockexplorer.digitalworldexchange.com. The coins were awarded
free of charge to previous customers of USiTech, Inc., a non-related ICO scheme that left many
people holding worthless coins. Each holder of USiTech coins could prove their USiTech balance to
DWE. The procedure, commonly called an “airdrop” is used to introduce coins and secure future
customers. Bitcoin backs these coins, put up by the Digital World Marketplace founder, held
separately by the exchange. Gold and Silver bullion and certificates also back them.
The coins are tradable on the DWE exchange for Bitcoin, Ethereum, and other coins subject to
market pricing. The coin’s use is twofold. Also, users may “stake” their coins in their offsite wallet
and earn “minted” coins as the blockchain grows with new master nodes.
The Value of the DWE coins:
With few exceptions, crypto coins and tokens are not backed by any underlying asset. Their value is
entirely subject to the market perception of value as evidenced by traders. Most coins and tokens
are based on promises of technology uses that have yet to materialize.
One of the unique characteristics of Digital World Exchange’s coin, DWE, is that it is fully
collateralized.
Additional value will accrue to the coins in circulation as 51% of the gross commissions earned by
the Digital World Exchange, and Marketplace will be converted to Gold Bullion, Silver Bullion, Bitcoin,
and gold certificates pledged to the currency. The collateral is held as a reserve by banks and
certified custodial facilities around the globe.
The underlying value of DWE will grow with the exchange, giving holders of the coin a dynamically
increasing value tied to the price of gold.
Proof of Stake vs. Proof of Concept Mining:
The Digital World Exchange blockchain is grown and sustained through “proof of stake” generation
of new master nodes. Miners establish “master nodes” for the blockchain by establishing virtual
servers that act as a part of the blockchain in maintaining the records and verifying transactions.
The miners are rewarded by receiving a fraction of the transaction fees generated by the exchange in
the form of zDWE coins.
zDWE coins are awarded proportionately to master nodes throughout the day as transactions
generate commission. zDWE is designed to be a stable coin that is pegged to $1 worth of gold.
zDWE is the currency used in the Digital World Marketplace allowing buyers and sellers to have a
stable price point for transactions. zDWE will be collateralized by a portion of the gold bullion and
certificates purchased with the 51% of gross exchange commission allocated to collateral.
With the acquisition of gold reserves is split between the DWE coins. The DWE coin which is limited
to a fixed amount of coins in circulation will continue to increase in value. The zDWE coin will be
sustained at a stable value giving confidence to users to do business with each other in the
Marketplace.
The vital difference between “proof of stake” mining and “proof of concept” mining, used by Bitcoin
and other miners, is costs to mine. Proof of concept mining is done by complex calculations using
large graphics and computer power which uses exorbitant amounts of electricity.
With proof of concept mining, it can cost upwards of $4,000 to produce a proof of concept reward in
the form of a Bitcoin. With Bitcoin trading below $4,000, mining isn’t feasible, and the miners shut
down which jeopardizes the blockchain. Proof of stake mining involves setting up virtual servers to
act as master nodes in the blockchain. Such servers can cost as little as $7 per month with certain
cloud providers.
Digital World Exchange’s Pledge to Our Customers:
• To help develop and promote best practices to minimized risk and deter illegitimate use of the
exchange
• To operate honestly and transparently and disclose pricing, fees, and any associated risks
• To communicate to existing and prospective customers in a clear, fair and non-misleading
manner
• To provide a transparent support and complaint mechanism, identify the legal form of the
business and management team, provide a physical address of our office, and promptly inform our
customers of any material change to the business that impacts customers
• To develop, initiate and maintain appropriate customer credentialing procedures to ensure, to the
best of our ability, that customers are legitimate and not engaging in illegal activities
• To provide proactive management of our IT infrastructure to prevent leakage, loss, and damage
of personal information following our Privacy Policy
• To segregate customer fiat from company funds and to ensure funds are payable upon an
insolvency event
• To provide cold storage facilities for customer funds not being used for trading, liquidity or
transfer.
• To continually try to identify customers acting in illegal manners and to work with the appropriate
authorities upon identification of such activities
• To commit to undertaking due diligence checks on platform users to protect against illegal
activity, including the financing of terrorism
• To halt trading if suspicious activity is identified and suspend and close any accounts engaging in
such activity and notify appropriate authorities
Conclusion:
Digital World Exchange is a reliable solution that the Cryptocurrency Exchange Market badly needs.
It was built using the state-of-the-art multi-sig encryption conforming and establishing new
standards for the industry. Our solution is simple, yet secure, allowing developers to integrate DWE
APIs, web and mobile products into any application.
Digital World Exchange is not about making money. It is about bringing cryptocurrency to maturity as
an asset class used to transact business worldwide efficient and reliable manner.
The community owns and grows Digital World Exchange. It is up to every users to work in together
for this project to be successful and their lives to change for the positive.

References:

/dwe]https[Suspicious link removed]/dwe
https://blockexplorer.digitalworldexchange.com/
https://digitalworldexchange.com/
https://t.me/dwexchange