Published On: Sun, Jun 25th, 2017

District0x: A Network for Decentralized Marketplaces and Communities

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Global startup District0x is building a network for decentralized markets and communities, powered by Ethereum, Aragon and IPFS.
The DAO Hack
A year has passed since the fatal DAO hack, which managed to steal $50million from the smart contract. Since then the cryptocurrency market has grown to a staggering $109 Billion market.
District0x is aiming to prevent a similar or worse hack, by creating a network for decentralized markets and communities, secured with Ethereum, Aragon and IPFS.

Securing Smart Contracts
Most people in the cryptocurrency community blame the DAO hack on the lack of proper security audits of its smart contract. District0x’s goal is securing smart contracts with its own network. Organizations can create smart contracts that are going to be secured and certified by the Distric0x network.
According to the District0x team, platforms that use a district0x smart contract will exist as decentralized autonomous organizations on its own network.
Aragon Governance

Aragon is a unique platform that allows the deployment of decentralized and virtual organizations. The platform is used to create a “mirror” identity for specific districts, with all of the governance and …

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