PAX COIN | Detailed Introduction

At the world economic forum (2018) has picked 6 feature techs. It’s a block chain, NANO IOT (internet of thing) and NANO Sensor, 2D material, Next- gen battery and an unknown vehicle. In particular, block tech is the base of the tech of the 4th industrial solution.

The world economic forum focused on how to utilize the block chain technology (virtual decentralized ledger) tech to make an environment in which humanity can live a bit more affluent via fairness, decentralization, and clearness. Block tech is a realistic alternative to the 2018 world economic forum theme, developing a shard future developing shared Future in Fractured Globe.

Beginning in 2017, firms that are experimenting with the app of actual block tech in growing quickly and much digital money have emerged. These changes that block tech can be used to a huge a range of industry in entire industries. The most accessible means of block tech is digital money and dissemination of utilization of the digital money will change the manner people live.

Since the intro of very first digital money BTC using block tech in late 08, a number of digital money has emerged. A range of startups focused on the technical evolution of digital money which has an outcome in major technical advances.

There’re many industries where digital money can be used and many protocols have emerged. They’ve made stunning advances in encryption tech, the pace of processing, safety and more. Though, these developments are too much focus on tech and not much search in being completed on payments and settlements ways which digital money’s actual feature.

The technical development of the digital money itself is very vital, but the use of digital money in actual life is also extremely vital and has to be accompanied by the development of tech.

• Virtual currency 1.0
• Virtual currency 2.0
• Virtual currency 3.0

The distinction among digital money, 1.0, 2.0, and 3.0 in the PAX coin whitepaper is not the general notion that 2.0 evolved over 1.0. Digital money 1.0 is a place that participants to the technical advancements of digital money itself, digital money 2.0 is a place where digital money contributes to actual life, digital money 3.0 is the place where digital money participates to making added value by joining with existing sectors. By this distinction, PAX coin belongs to the mode of digital money 2.0.

Digital Money 2.0 and PAX coin

Digital money 2.0 looks for to build an associated financial ecosystem and system that can be applied as a way of settlement and payment in the actual life of (digital money 1.0 doesn’t feature as a financial feature yet, and it stays an investment property due to cost instability like stock in digital money asset exchange).

PAX coin is the top level of stability and security and via the establishment of pay and settlement ecosystem, it’s finest digital money that doesn’t need money exchange in deals among firm and firm, individual and individual, state to state. Though many techs have been applied for faired reliable deals in the past, they’ve a lot of limitations that present financial system can’t be resolved. The finest tech to overcome these limitations is the block tech and the virtual money 2.0, by applying block tech, you can save and share many sorts of data needed for trade deals in the distributed ledger, so that the similar info is sent to linked sides, and info can be straightly viewed or modified without a go-between.

Also because the safe means in the block for the act of modification, it can be identified with past age if there’s some malfeasance. In addition, the emergence of virtual money with block tech has allowed reliability, time and expense savings in international inter-company and inters personal deals.

Learn more about PAXCOIN via the following:

• Official Web site: https://www.pax-coin.io/
• Whitepaper: https://www.pax-coin.io/download/PAXCoinWhitepaperEnglishv1.pdf
• ANN: https://bitcointalk.org/index.php?topic=5061285
• Twitter: https://twitter.com/Pax__Coin
• Facebook: https://www.facebook.com/Paxcoin/
• Telegram Group: https://t.me/PaxCoinChat
• Bounty: https://bitcointalk.org/index.php?topic=5061623.0

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Bitcointalk username: shans
PAX address: PPJibnezxm1WRwBEJvVjHUUNqvu9BmzPJu