PDX COIN: THE WORLD'S FIRST DIGITAL CURRENCY BACKED BY ENERGY RESERVE
The advent of cryptocurrency about twelve years ago have lead to the creation of many digital currency base on specific needs and solution they offer. Just like every new invention, there will also be room for improvement until cryptocurrency is fully accepted at institutional level as a legal tender and means of exchange. To get to this point, a lot of creative innovations that demonstrate reliable use cases of cryptocurrency are needed. In other words, there should be some level of confidence and assurance that cryptocurrency and related infrastructures are safe, reliable, easy to use and indeed a better alternative to conventional payment system. This is what motivated the launch of the PDX digital banking and payment system.
OVERVIEW OF THE PDX PLATFORM
PDX stands for Payment Digital Exchange and is a project launched to birth the beginning of new phase of cryptocurrency which is mainstream adoption. Having studied the weaknesses and lapses of conventional banking and payment systems as well as the advantages cryptocurrency presents, PDX is building a system that will serve as a bridge between the later and the former. Consequently, PDX is building a digital banking and payment system that integrates the conventional functionality as well as pave the way for futuristic endeavors such as web 3.0 and the Metaverse.
UNIQUENESS OF THE PDX PLATFORM
The PDX platform is unique in various ways and I will highlight some of them under the below headings:
Simplicity: The various components of the PDX platform are beautifully designed to be easy to use and accessible for all. From the comfort of their homes, people will be able to open a bank account, send and receive money from anyone and anywhere in the world, shop and pay for good and services via the PDX platform.
Speed: In the PDX platform, speed is of the essence. Transactions are fast and without any errors. International wire transfers in conventional banks take days to settle, but through the PDX banking and payment system, such will be settled in seconds and almost instantaneously.
Scalability: PDX will be building a scalable blockchain protocol called Siberia. This will allow for fast, cheap and multiple transactions at the same time without being overloaded.
Liquidity: PDX application can be used to store and trade various digital assets across various decentralized exchanges. Both cryptocurrency, NFTs and other digital assets are supported by the PDX application. The app is configured to solve the problem of liquidity and this makes it different from other available applications.
Security: Security is a top priority for any serious digital project. PDX platform incorporates best practices to ensure that funds and assets of all users are protect.
THE PDX COIN, DIGITAL CURRENCY THAT POWERS THE PDX ECOSYSTEM
PDX coin is the native cryptocurrency of the PDX platform. Built on the Etherium blockchain with plans to wrap to Binance Smart chain and subsequently migrated to it's own blockchain called Siberia Blockchain Protocol, the PDX coin will serve both as a store of value and a medium of exchange. It is interesting to note that the PDX Coin is backed by a huge reserve of energy of PDX group, the parent company that have energy reserves in USA and Chad Republic. This makes for more stability in price unlike other cryptocurrencies not backed by any physical asset. The PDX Coin is currently listed in P2PB2B, Uniswap, XT.com and Vindax exchanges and the price is still relatively cheap compared to the potential of this coin. Many exchanges are planned for listing including Coinmarketcap and Coingecko as well as other tracking applications; this will give this PDX coin the needed exposure to soar.
PDX COIN STAKING PROGRAM
A staking program have been launched for the PDX coin. Holders now have the chance to earn passive income for their loyalty up to the tune of 15% yield per year. At the moment, there are staking pool for the PDX coin in Uniswap and their dedicated website PDX staking DAPP.
CONCLUSION
I have confidence that the implementation of the various features of the PDX platform will give confidence and assurance to individuals and businesses on the need to integrate cryptocurrency in their operation. PDX will indeed lead to mainstream adoption of cryptocurrency and this will lead to exponential demand and growth of the PDX coin. Therefore, this is a good coin to consider for your portfolio as the potential is huge.
For more information, follow any of the links below:
Website: https://pdxcoin.io/
Whitepaper: https://pdxcoin.io/files/PDX_White_Paper_December%202021.pdf)
Telegram: https://t.me/PDXToken)
Author
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