VEX works through an encrypted signature, by using federate nodes to validate and create a block.
VEX is based on the open code technology of Counterparty (XCP).

Give your clients and users the advantage of having an exchange integrated to their wallet by trading on a private blockchain directly from the wallet. Customers will have the possibility of trading cryptos when big price movements happen. VEX’s technology saves their time having to move their funds from their wallet to an exchange to transfer them back again after the trade is completed, plus dealing with withdrawal limits.
At the same time VEX's technology avails users to dodge typical exchange-related crisis such as password loss, violations to the exchange front end, credentials loss or getting locked out of the exchange by losing your phone, by the use of three level cold wallets that work with hexadecimal personal signatures. Users authentication happens through digital signatures and not passwords, although they can protect this signatures with passwords, which avoids attack vectors towards the user's database.
Users won’t have to go off-chain to trade their cryptos fast on a centralized exchange to custody, match and take trade executions or take settlement off-chain, to make it faster.
VEX works as a decentralized exchange without facing the problem of scalability. On-chain trading is way slower due to the processing speed of the blockchain. Take bitcoin for instance which takes ten minutes to generate a block. VEX generates blocks generate every 100ms with the same capacity of the bitcoin platform, as long as there are TXs in the mempool, if there are no transactions a block will be generated each 20 minutes.
Protected connection between the backoffice, payment processor and front end by anonymity within the TOR network and public key cryptography.
The wallets operation is done through the XCP Host servers, and the deposits are distributed automatically to the cold wallets according to how much liquidity the client wants to have.
The front end can escalate horizontally and infinitely, so it doesn't matter how many users the client possesses, it can always grow to attain their needs satisfactorily.
VEX is based on the open code technology of Counterparty (XCP).