OAX is a platform which seeks to eliminate the centralization of barter transactions and aims instead at decentralization so that all transactions carried out becomes effective immediately.This should result in greater transparency in risk assessment and pricing of risks. The OAX platform will provide a solution to this problem using the Ethereum blockchain.
The advantages of existing approaches are to be enriched by decentralization, so-called asset gateways, which would be combined with the OAX platform in order to offer customers a better risk analysis. OAX sees the crux of current file-sharing exchanges in centralization and therefore pushes the development of OAX. The long-term goal of OAX is the decentralization of payment transactions and an optimized assessment of financial risks for users.
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