Key Features

Identity System supported by zero-knowledge proof (ZKP) and Soulbound NFT

Establishing secure onchain identity systems is necessary for banks, asset managers, and their customers to be able to transact with each other. Midasys offers a privacy-preserving oracle protocol in development that utilizes zero-knowledge technology to enable institutions and individuals to prove the provenance and verify the ownership of tokenized RWAs without revealing personal information to third parties.

Furthermore, Midasys's protocol is set to introduce an identity system named "Decentralized I.D." (DID) to facilitate user onboarding for KYC or KYB (Know Your Customer / Know Your Business) purposes. DID will enable all categories of users to onboard in a permissionless manner through the chain, granting them access to the underlying ecosystem. This one-time permissionless onboarding process will provide users with a seamless experience akin to those offered by centralized systems, ensuring a smooth customer journey.

The implementation of this system will enhance security for users, mitigating the risk of fraud or malicious activities through proper AML/CT (Anti-Money Laundering/Counter-Terrorism) screening. This capability empowers Midasys to furnish users with a secure, transparent, and efficient ecosystem.

The tokenization of real-world assets presents a massive opportunity for the replatforming of finance into a more secure, transparent, and efficient backend infrastructure stack that solves critical conflicts of interest and risk management challenges associated with traditional financial infrastructure. Underpinning this shift is the Midasys platform, which provides the secure, reliable, and performant services needed to unlock the future of assets.

MIDASYS Token Service (Midasys’s touch)

Midasys Tokenization Service, we call Midasys’s touch (MDT), it is a robust and adaptable software development kit (SDK) available in Golang and NodeJS, empowering web3 businesses to generate, deploy, distribute, and oversee their own digital assets within the Midasys network.

A standout feature of MDT is its capability to facilitate the creation of digital assets compliant with diverse regulatory frameworks, encompassing fiat currencies, securities, commodities, and other financial instruments. This functionality streamlines the process for businesses to develop and trade assets subject to regulations across various jurisdictions.

MDT operates on a permissioned model, ensuring that only authorized entities possess the ability to create, manage, or transfer tokens within the platform. This approach promotes responsible usage of the platform in accordance with applicable laws and regulations.

Key Features:

• Creation, issuance, and management of both fungible and non-fungible assets.

• Access control and permissions layer: Incorporates a straightforward role-based access control system, offering functionalities such as freezing, seizing, destroying, and transferring tokens.

• Configurable yield and royalties settings.

• Predictable and minimal fees structure, enhancing cost-effectiveness for users.

MIDASYS Assets

MIDASYS Assets is a user-friendly decentralized application (dApp) built on the MIDASYS Token Service SDK, designed to empower entities to issue security tokens within our network. The core concept of MIDASYS Assets is to furnish a platform that simplifies the process for businesses, organizations, and individuals to launch security tokens representing real-world assets such as securities or other financial instruments.

Through MIDASYS Assets, entities have the flexibility to define various characteristics of their tokens, including name, symbol, total token supply, and parameters related to yield or royalties. Additionally, MIDASYS Assets provides a range of tools to aid entities in managing their security tokens. This includes functionalities such as tracking token ownership, granting or revoking permissions, and facilitating token transfers between parties. Moreover, MIDASYS Assets offers automation capabilities for certain processes, such as the seamless distribution of dividends to token holders.

MIDASYS DEX

MIDASYS DEX is a DeFi hub that make real-world asset trading much easier and more efficient. The platform is designed to provide investors with a fast, secure, and efficient way to trade real-world assets and take advantage of the growth opportunities in the TradFi and DeFi space.

Key features:

• Automated Market Making (AMM): Within MIDASYS DEX, AMM technology is employed to establish a fair and efficient trading environment for real-world assets.

• Liquidity Provision/Farming: MIDASYS DEX encourages liquidity providers to maintain platform liquidity by offering incentives, thereby enhancing the depth and competitiveness of order books.

• Order Book: Users of MIDASYS DEX benefit from a transparent order book, facilitating effective price discovery and trade execution.

• High Speed and Low Latency: The platform ensures a seamless trading experience with swift transactions and minimal delays.

• Easy-to-Use Interface: MIDASYS DEX features a user-friendly interface, simplifying navigation and trade execution for users.

• Staking Rewards: Participation in MIDASYS DEX's staking program enables users to earn rewards.

• Asset Tokenization: Integration with MIDASYS Token Service facilitates the tokenization of assets.

• Dynamic Fees: MIDASYS DEX employs dynamic fee structures that adjust according to market conditions, promoting a sustainable ecosystem for liquidity providers while reducing trading costs for users.