PDX COIN: Will Easily Enable Payments In The METAVERSE.
Hello friends, come back with me Ankit In this post I will discuss a project called PDX Coin . I think PDX Coin project is very interesting, why? because PDX Coin has a very helpful concept for investors with a new fundamental format with developed infrastructure and complex advanced tools for crypto investment protection. rather than curious let’s look at the article I wrote as follows: https://pdxcoin.io/
PDX started there journey from 2019 Q3 and that they created their blockchain technology platform and looking an excessive amount of development and method wherever they desires to create new long run investment and partnership conjointly.
Overview Of PDX Coin
PDX Coin is a new digital currency that is fully backed by a globally demanded commodity. A PDX coin is pegged to some barrels of crude oil. The PDX entire ecosystem is collateral by crude oil reserves. 1 PDX = 10 barrels of crude oil.
The PDX Coin digital payment infrastructure is very new and its mobile payment app will facilitate many cryptocurrencies to become highly liquidity and acceptable anywhere in the world. The scalable, cheap and secure digital payment platform provides a reliable alternative banking solution to the ageing traditional banking services.
Features of PDX
It is based on encrypted and permissionless peer-to-peer (no middleman) money and global payments.
Coin holders will be able to make payments and transfers anonymously, instantly anywhere in the world, and in the metaverse.
Data will be stored on an immutable blockchain, making it indestructible, theft-proof, and anonymous.
PDX virtual banking, exchange and payments processing capabilities will feed off each other and build a large user adoption in the consumer and commercial world.
PDX’s objective is to capitalize on its crypto payment and virtual banking capabilities in the conventional world, we are building our technology and product base in anticipation of a fully functioning and heavily populated metaverse in the near future. The project aims to provide all of its banking and defi products and functions in the metaverse, in addition to being a leader in retail and commercial payments. Consequently, this applies to as many types of compliant DeFi products and services as possible across as many legal jurisdictions as possible.
Strengths of PDX Coin
The PDX coin is one of the very few cryptos that is backed by a commodity. Mathematically; 1 PDX = 10 barrels of
crude oil and the project entire ecosystem is supported by oil and gas reserves.PDX leverage blockchain technology (P2P) between the sender and the receiver, no intermediaries, only the concerned two parties are involved
Founded by an experienced team with backgrounds in banking, investment, blockchain, corporate finance and global energy
PDX AG, the parent company was registered in Switzerland and has gotten the EMI (Electronic Money Institution) pre-approval by the Lithuanian Central Bank, for legal operation across European nations
The parent company had been licensed by the Hong Kong Money Service Operator (MSO) to be able to offer banking services in Hong Kong and beyond
The massive adoption of PDX by merchants and consumers is vital to the rapid growth payments platform
Audited blockchain and smart contracts to avoid the coin vulnerability
The almost completed PDX autonomous blockchain (the Siberia) that will provide light speed transactions, extremely low gas fees, and highly secured transactions
If fully launch, the Siberia network will be very fast, and it can complete a million transactions in a second, far better than the outdated traditional service and other digital currencies
Weaknesses
For now, PDX transactions aren’t as fast as expected. The network currently in use has scalability issues, making the transactions clunky and extremely slow. Until Siberia protocol is fully launched, it's unlikely PDX will replace traditional
credit cards and other cryptocurrencies usage.Since all PDX transactions are encrypted, recovering any lost password won’t be an easy task. Users that forget their password tends to lose access to their PDX forever.
The top disruptive business opportunities for PDX
Global crypto-to-fiat business and consumer payments. and virtual banking
Tokenization, trading and underwriting of traditional equity assets (shares)
The $700 billion global remittances market
The tokenization and funding of renewable energy sources
DeFi products and services based on PDX Coin
The metaverse
PDX Coin holders will be able to make instant payments and transfer anonymously, and instantly, anywhere in the world, and their data will be stored on an immutable blockchain, making it indestructible, theft-proof, and impossible for anyone else to know without their knowledge and approval.
.
Conclusion
PDX has been made as an advanced token on the Ethereum blockchain through the ERC20 convention. Each PDX token gave into course will be upheld at first by autonomously ensured oil and gas holds, or oil same.
PDX will cooperate with driving all around the world perceived establishments (review, and petrol designing) to cost-viably and safely assemble, review, and screen the pool of oil saves helping all PDX holders.
Our expressed objective is to turn altogether out of petroleum derivatives and supplant the symbolic support with sustainable power resources.
When a PDX Coin token has been given, it tends to be held, moved, or traded, dependent upon pertinent law, either in entire or to some extent, in a similar way as Bitcoin,
Ether or other computerized monetary forms. At some random time in its initial 10 years, PDX’sunderlying hold barrels of oil will rough at least the quantity of PDXtokens available for use.
Contact Information
Website : https://pdxcoin.io/
Whitepaper : https://pdxcoin.io/files/PDX_White_Paper_December%202021.pdf
Telegram : https://t.me/PDXToken
Twitter : https://twitter.com/PDX_Coin
Facebook : https://www.facebook.com/pdxcoin/
Reddit : https://www.reddit.com/r/PDXCoin/
Medium : https://medium.com/pdxcoin
Link Purchase : https://p2pb2b.io/trade/PDX_USDT/
Authorship
Bitcointalk Username: godhari01
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2879339
PDX ERC20 Wallet Address on P2PB2B: 0xc4feb6B296a67C1f7eb1801d2B6F136BbcB4179E