Understanding the PDX Project Concept
Introduction
The banking and financial system operates with the use of debit and credit cards when making huge sums of transfers or carrying out large transactions that may involve various geographical locations. Yet, these systems have not been so effective as transfers may take a long while to be processed and the charges deducted for such transactions are high. This system of payment is also referred to a Traditional Banking. Metaverse is a virtual world that creates immersive experiences and its introduction into cryptocurrency amplified it's impact and effect. In the meatverse space, traditional financial system is disallowed whereas cryptocurrency payment technique will be implemented in the space as the basis. Blockchain technology and cryptocurrencies are the perfect ways for transactions to be executed in the metaverse as a result of highly rated security, digital features, and verifications.
Metaverse is a fast rising technology that industries are embracing and applying in their various sectors because of its numerous use cases. Cryptocurrency is among the first parts that metaverse looked at. Several crypto projects have also integrated Metaverse into their community. For instance, the Play-to-earn feature in crypto games permit players to earn money while playing games as Non-Fungible Tokens in the metaverse space; virtual immersive reality. When PDX is introduced to the Metaverse, there is a smooth flow of activities, users can be immersed in an activity without being distracted. Hence, irrespective of whatever is involved in, be it shopping for clothings and other accessories for themselves or their avatars to the payment options of using the card that will involve a bit of distractions.
PDX let's you achieve a truly immersive environment such that by making certain requests, payment processing will commence. In fact, with the use of voice commands and bodily gestures, you summon the payment application virtually and do your business without having to swipe a card or leave a place or space in the Metaverse world which causes distraction. At the summoning, the PDX will appear in three-dimensional/3D form as in a swimming pool, in front of the user who goes ahead to give it transactions as they are engrossed in one activity. However, in the nearest future, PDX hopes to translates thoughts to action so that when users just think of making payments for a transaction, it is read from the minds. The PDX coin is applicable for cryptocurrency-to-fiat transactions, allows direct payment and other coins to be used on the system for increased liquidity and receptability.
With the upgrade in payment techniques using peer-2-peer feature in the Metaverse space, a lot of traditional financing excesses are eliminated such as; montly maintenance charges, high commission fees, slow rate of processing transactions, etc. On this technological space, quick, end-to-end encryption, that processes transactions without challenges for merchants in business and normal individuals alike.
Conclusion
PDX coin is one of a kind, integrating the Metaverse and Blockchain technology to provide an amazing immersive experience for users. The PDX payment application that is about to be launched in collaboration with the metaverse banking gives support to a wide range of cryptocurrencies for multiple uses.
Projects 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/
Medium: https://medium.com/pdxcoin
Reddit: https://www.reddit.com/r/PDXCoin/
Writers Information
Bitcointalk Username: Onyiiok
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2766257