0x ZRX is an open-source protocol for powering decentralized exchange of tokens and assets issued on the Ethereum blockchain.
|Will Warren, Amir Bandeali
What is Ox ZRX?
It is a protocol (set of rules) that provides an ecosystem for peer-to-peer exchange of digital assets on top of ethereum blockchain.
0x ZRX provides highly secure and audited smart contracts with an ecosystem for developers to build applications by modifying the 0x.
The protocol can be utilized to create an application that requires digital assets exchange functionality. The 0x (ZRX) have five different types of products for:
0x API: An API to get access to the liquidity of all decentralized exchange
0x Instant: APIs to easily integrate crypto purchasing in websites or mobile application
Governance: A way to participate in the 0x protocol improvements (ZEIPs)
What is the problem 0x ZRX trying to solve?
The economic growth and living hood of an individual is highly dependant on the country they are born and living.
Most advanced countries provide all the facilities to their citizens related to education, work, health, finance, etc, whereas citizens of other countries do not have access to all these.
0x ZRX is trying to create an ecosystem for an open and globally accessible financial system using the Blockchain technology.
The mission is to create “building public infrastructure, making assets more accessible, more liquid, and empowering enterprising teams around the world to build a new financial system.”