PDX COIN : THE FIRST CRYPTO TO FIAT PAYMENT AND BANKING PLATFORM IN THIS ERA
PDX Coin Introduction
PDX Coin is a global payments and digital banking platform that will allow millions of people to participate in the crypto economy. Using PDX, users will be able to spend their digital assets instantly, with low fees, in millions of locations. PDX is developing a suite of products and services for the DeFi and NFT space. By 2024, a linked PDX platform will allow users to trade tokenized shares of most publicly held companies worldwide. PDX Coin has many advantages, starting with its innovative architecture and technology. The company is a blockchain-based wallet that is built on a peer-to-peer network. While most crypto-based payment efforts rely on legacy financial infrastructure to collect transaction fees, PDX Coin is designed to completely eliminate these middlemen and fees. This will allow merchants to accept payment in their preferred fiat currency without having to wait for the funds to clear.
PDX Main Features :
- It is based on encrypted and permissionless peer-to-peer (no intermediary) money and global payments.
- Coin holders will be able to make payments and transfers anonymously, instantly anywhere in the world, and in the metaverse.
- The data will be stored on an immutable blockchain, making it indestructible, anti-theft and anonymous.
- PDX's virtual banking, exchange and payment processing capabilities will complement each other and build massive user adoption in the consumer and commercial world.
PDX Is A Blockchain Technology
The company's underlying technology is also based on blockchain, and it is a complete digital banking solution. The system has advanced trading and custody technology. It will serve as a one-stop shop for crypto markets and will disrupt the $700 billion global foreign worker remittance market. World Bank data shows that the number of international cross-border payments has increased 60 percent since 2009, yet the legacy system has made almost no progress. Despite its potential, the legacy cross-border payments system has failed to deliver on its promises. Moreover, people are still paying 7-11% for international money transfers. Using automated market makers, NFTs, and a blockchain ecosystem, NFTs can be traded permissionlessly. This is done through liquidity pools, which are better than a centralized order book. By creating a centralized order book, the network is able to eliminate the need for a middleman. The blockchain will then serve as a decentralized network that connects all the major chains.
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