The Global Digital Exchange Alliance (GDX), is the World’s first nonprofit, primarily member funded entity, which is focused on becoming a guiding, driving force, and a multifaceted brain-trust which unites, empowers, and educates all the many competing cryptocurrency exchanges, which are constantly vying for market share.

GDX acknowledges that cryptocurrencies and related blockchain technologies are still very much in their infant stages, and therefore, GDX views itself as a willing, able and independent entity which seeks to fill a gaping void in both self-regulation and leadership. GDX believes there needs to be a global, unbiased, neutral steward and arbiter which guides, consults, and enhances the forward progress of cryptocurrency exchanges, and, on a broader level, the greater financial marketplace which increasingly interfaces with cryptocurrencies and their related blockchain technologies.

GDX invites individuals, corporate entities, as well as all liked-minded nonprofit entities and organisations who also aspire and seek to shape the future impeding regulations of the ‘crypto sphere’ as well as having a truly guiding role in formulating, promoting and urging the mass-adoption of universally open-sourced technologies, which all serve to fast-track the global adoption of cryptocurrencies as a means of payment and a viable alternative mechanism to store and transfer value.

GDX’s Three Main Objectives are as follows:

Uniting Exchanges: GDX aims to be at the very forefront of bringing technological tools to digital exchanges, pioneering and implementing industry-wide best practices, thus creating a 360 degree win-win for all exchanges on-board.

Educating Exchanges & R&D: Crowdsourcing and pooling technological know-how, most notably finding truly fair and egalitarian methods to achieve true market liquidity between participating exchanges. Furthermore, creating open sourced, fair use coding, software and similar avant-garde technologies, all designed to be mass-adopted as the foreseen, emerging industry standards. GDX’s education and research aims to further facilitate the eventual large-scale adoption of both cryptocurrencies and blockchain technologies, as these technologies become more commonplace, ubiquitous and eventually quotidian.

Empowering Exchanges: Providing member exchanges exclusive and unique benefits, especially promising privileged and streamlined access to finance industry regulators, across the globe, from both the public and private sectors. Additionally, empowering members with powerful access to some of the most important conferences, forums and industry events taking place across the globe.

Challenges Facing Individual Exchanges:

1. Brutal Competition:
There are 260+ Ranked Exchanges https://coinmarketcap.com/rankings/exchanges
There are nearly 900 electronic changers, 64 of which primarily trade crypto https://okchanger.com/exchangers & https://okchnagers.comtrading-platforms
Not listed above: 5,000+ Crypto Exchanges, 500+ Currency Changers, & 1,000+ CFD Trading Platforms
GDX Alliance Members will benefit from increased name recognition, scaled synergies by being a part of a growing entity. Furthermore GDX is able to facilitate the licensure of an entity within one or more than one of the 260+ Free Trade Zones which exist across the globe.

2. Banking Challenges:
Difficulties getting into and out of Fiat through Banking Channels

3. Unclear Government Policies
Underdeveloped Regulatory and fuzzy Legal Obstacles

4. Liquidity Shortfalls
Thin Order Books, Mismatching in Buy/Sell Spreads, Lack of Buyers & Sellers

5. Technical Challenges
Outdated Exchange Technology, Inconsistent Technology Standards, Lack of Blockchain talent, Gaps in IT Safety, Hacker Threats

6. Ineffective Marketing
Lack of marketing capability, dearth in users, low trust levels, lack in transaction depth, little or no transaction.