Apollo Foundation Launches Decentralized Exchange With Atomic Swaps

Apollo Foundation is announcing the launch of Apollo Decentralized Exchange (DEX), a proprietary software package for the exchange of digital assets in peer-to-peer networks. The beta version features atomic swaps, which is smart contract technology that enables the exchange of different cryptocurrencies without the need for intermediaries or third parties. Unlike traditional exchanges, Apollo DEX does not have a central entity or guarantor of transactions.