OAX Foundation was founded in 2017 to explore the future of decentralized transactions of digital assets. As a digital solutions provider, OAX is committed to developing a scalable, secure, trustless technology for trading digital assets – a critical component of future markets, economies and societies.
As the industry and its needs continue to evolve, so do we. OAX has remained committed to solving many of the fundamental problems that exist within the decentralized exchange space. In August 2019, OAX launched our Layer 2 Exchange (L2X) protocol to the open source community, as a possible solution to some of the areas of concern. One year later, OAX also open sourced code introducing five features for Polkadot’s network.
As part of its mission to promote and support adoption of decentralization, the foundation provides grants for projects which are aligned with its objectives; interested applicants are encouraged to contact us.
Explore the segments below to learn about the progress we’ve made and insights to the industry at large.
The official release of the code for the five features that would benefit parachains on the Polkadot network, open sourced and available on the OAX Github page.
All feedback and insight are welcome, for more instructions on how to run the blockchain from scratch, do visit our Github page - links below.
DeFi, built on the fundamental qualities of blockchain, has been demonstrating the potential of more practical use cases, with applications distributing rewards to stakeholders while remaining decentralized.
Polkadot Network has a strong vision for scalability and interoperability needed to ensure the mass adoption of digital assets. Find out why we chose to work within the Polkadot ecosystem and the features that would benefit the network in the links below.
The code for our Layer 2 Exchange (L2X) protocol is officially
released, marking the completion of a major milestone for the
Currently, digital asset trading either takes place on centralized exchanges, which have persistently proved vulnerable to hacking, or in decentralized environments, which have speed and governance issues. OAX Foundation, working with its development partner, Enuma Technologies, has built a trustless exchange platform that combines the best elements of each system.
This paper by Professor Syren Johnstone examines the dynamics affecting access to highly regulated public capital markets by developers underpinning blockchain, distributed ledger technology and more.
The second paper in the series considers the pathway issues for the development of a regulated secondary market in digital assets. It explores the conditions necessary to develop a regulatory framework that would not restrict the potential offered by cryptographic consensus technology.
Professor Syren Johnstone’s last paper in this series explores three key areas. The need to reconsider the standard narrative around applying financial regulation to crypto-assets; weighing what might promote or inhibit the development of a digital ecosystem; and lastly, what type of regulator is best suited to enable innovation in this space.