Digital markets such as digital currency exchanges can benefit from IFEX by leveraging its capacity for arbitrary asset types and any settlement path: broadening your market, lowering settlement costs, and enabling the redundant routing of financial settlements that can ensure your business stays online in the event of disaster. Right now, new markets may acquire public identifiers under the IMIC proposal, and may adopt the (European IBAN standard-like) IIBAN proposal for reliable account identification. In the near future, the IFEX protocol (currently under development) will provide additional benefits. |
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