DEXIFY - MAJOR PROJECT PROGRESS PRESENTATION.pptx

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1. A Decentralized Exchange for Cryptocurrencies DEXIFY

2. Shubham Ramola (200847) Divyanshu Lingwal (200823) Ujwal Shankar (200855) GROUP MEMBERS MENTOR Dr. Annapurna Singh ( Associate Professor ) CSED G.B Pant Institute of Engineering & Technology, Pauri , UK

3. INTRODUCTION 01

4. Decentralized finance (DeFi) is transforming traditional finance through blockchain technology. Centralized exchanges (CEXs) have drawbacks such as high transaction fees, low transparency, and security risks. Decentralized exchanges (DEXs) solve these problems by enabling trustless, peer-to-peer transactions. Dexify is a proposed DEX platform built on the Ethereum blockchain. Dexify will use Solidity and IPFS to provide a user-friendly interface and high levels of security. The expected outcome is a functioning DEX platform that disrupts the traditional finance industry and provides a more decentralized and transparent financial ecosystem for users.

5. PROBLEM STATEMENT 02

6. The current cryptocurrency market lacks a reliable and secure decentralized exchange. Centralized exchanges have vulnerabilities to hacks and system failures. Decentralized exchanges have scalability issues, high transaction fees, and limited trading pairs. These factors have hindered mainstream adoption of decentralized exchanges. This project aims to solve these problems by building a fast, secure, and scalable decentralized exchange with a user-friendly interface and a wide variety of trading pairs.

7. PROBLEM SOLUTION 02

8. Decentralized exchange to solve current problems in the cryptocurrency market. Leveraging blockchain technology for security, reliability, and user-friendliness. Advanced security measures such as multi-signature wallets, cold storage and secure smart contracts. Strict KYC and AML measures to prevent fraud and illegal activities. Innovative liquidity mechanisms such as automated market makers and liquidity pools. Provides a viable alternative to centralized exchanges for mainstream adoption of decentralized finance.

9. PROGRESS 03

10. BLOCKCHAIN TECHNOLOGY (ETHEREUM) ETHEREUM WALLETS (METAMASK, COLD STORAGE) FRONT-END DEVELOPMENT BACK-END DEVELOPMENT SMART CONTRACT (USING SOLIDITY) MONGO DB FOR DATABASE APIs (APPLICATION PROGRAMMING INTERFACES) WEB 3 LIBRARIES MULTISIGNATURE WALLET TECHNOLOGIES USED :

11. FACILITIES FOR REQUIRED WORK : DEVELOPMENT ENVIRONMENT BLOCKCHAIN NETWORK DATA CENTER INTERNET CONNECTIVITY SECURITY FACILITIES PAYMENT GATEWAY CONTINUOUS INTEGRATION AND DEVELOPMENT (CI & CD)

12. EXPECTED OUTCOMES : Development of a functional decentralized exchange platform Increased adoption of decentralized technologies Improved user experience Integration with other decentralized applications Increased liquidity and trading volume Evaluation of success

13. THANKS !