BDAM is a Project of the BDAM Foundation, aiming to boost crypto adaption and acceptability by creating a comprehensive financial ecosystem that consists of banking, decentralized trading, an EOS based payment gateway, a dedicated dApp distribution store, and a remittance engine.
BDAM has already launched a hybrid crypto-asset exchange BDAMX that allows trading in EOS, ETH, BTC, and USD Markets simultaneously. Similarly, it has launched BDAMPay, which enables users to spend their cryptocurrencies across merchants and eCommerce platforms. BDAM has started 2020 strongly, entering into partnerships that allow consumers and merchants to spend crypto across 900,000 stores and global brands.
British Digital Asset Management (BDAM), a project of BDAM Foundation, is aiming to change this by creating a complete financial ecosystem which consists of decentralized banking, trading, a crypto payment gateway, a dedicated decentralized application (dApp) distribution store, and a remittance engine.
In this pursuit, BDAM has already launched a hybrid crypto asset exchange BDAMX that allows trading in EOS, ETH, BTC and USD markets simultaneously. Similarly, it has launched BDAMPay which allows users to spend their cryptocurrencies across merchants and e-commerce platforms.
Jaian Cuttari, the CEO of the BDAM Foundation, was present at the occasion who commented.
With BDAMX, order book, matching, and settlement are entirely on-chain. It also supports sophisticated order types beyond the market and limits. Furthermore, the EOSIO's block confirmation time of about half a second allows for this type of design, of a completely decentralized exchange. EOSIO has no transaction fees effectively, setting the default withdrawal and trading costs to zero." added Jaian Cuttari.