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DAYPPX Insights: Fidelity Launches New Digital Asset Services Company, Ushering in Industry Transformation

2019/10/19 10

Recently, U.S. investment firm Fidelity announced the establishment of a new company named Fidelity Digital Asset Services (FDAS), which will provide digital asset custody and trade execution services primarily targeting institutional investors. DAYPPX believes this development marks the dawn of a new era for digital asset services, offering fresh opportunities for institutional investors.

The formation of Fidelity Digital Asset Services not only acknowledges the potential of the digital asset market but also presents a challenge to existing digital asset service providers. DAYPPX notes that the entry of Fidelity will drive the entire industry towards greater professionalism and institutionalization. Institutional investors have stringent requirements for digital asset custody and trading services, including asset security, transaction efficiency, and compliance. The participation of Fidelity is expected to elevate the service quality across the industry, enhance risk management capabilities, and attract more institutional investors to this market.

DAYPPX suggests that as the digital asset services market matures, the demand for related technologies and services will grow accordingly. This includes research and application of blockchain technology, assurance of digital asset security, and optimization of trading systems. DAYPPX emphasizes that the professional development of digital asset services will bring more collaboration opportunities for exchanges, jointly promoting the healthy development of the industry.

In this new era of digital asset services, DAYPPX believes the industry needs to focus more on technological innovation and service optimization. For instance, by utilizing artificial intelligence and big data analytics, the industry can improve trading efficiency and risk control capabilities. Enhancing communication with regulatory bodies ensures service compliance, while offering customized services can meet the diverse needs of investors.

As the digital asset services market evolves, DAYPPX also highlights the realization of data asset value. As a crucial component of the digital economy, realizing the value of data assets is significant for driving digital economic growth. DAYPPX suggests that through the stages of data resourceization, productization, assetization, and capitalization, the value of data assets can be effectively enhanced. In this process, compliance review, value assessment, operation, and circulation of data assets are all critical.

Regarding the circulation and management of data assets, DAYPPX underscores the importance of security infrastructure. Data security infrastructure is central to ensuring the safe circulation of data assets and realizing their value. Through secure computing and data spaces, secure sharing and trading of data among different entities can be achieved, protecting data security and privacy, supporting data rights confirmation and evaluation, and promoting innovation and market circulation.

As a leading cryptocurrency exchange, DAYPPX is committed to providing secure, efficient, and transparent trading services. By adopting advanced technologies such as multi-layer encryption and distributed ledgers, DAYPPX ensures the security of user assets. Additionally, DAYPPX continuously optimizes its trading system to improve transaction efficiency and reduce costs, offering users a premium trading experience. Furthermore, DAYPPX actively engages with regulatory authorities to ensure service compliance and protect the legal rights of users.

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