PDX : Dissolving Barriers Against Global Transactions With Digital Currencies

bukabash (37)in #pdxcoin • 2 years ago

3jpR3paJ37V8JxyWvtbhvcm5k3roJwHBR4WTALx7XaoRovoJneCcBLpENQgyji7tPFSHPwQCeJv86Wort9fXPautJLZGLTgmDPCekYKCZpdH5hJ1TEQnk8KkEUt9WxG7tyVst.jpeg.jpg

Introduction :
We hardly see crypto assets that are underpinned by assets such as energy. The PDX coin, which is also called PDX, is the native token of PDX platform which is a project that aims to bring together people from around the world to access digital and global banking from one place, and be able to easily convert their fiat currencies to digital currencies. The PDX is built on the Ethereum blockchain, and is an ERC-20 token. PDX allows individuals and platforms to access a transparent utility that is backed with physical value by energy assets. PDX coin was created in a way to serve as a means of exchange, utility token, and core of value.

PDX and metaverse
Metaverse is a term that we might have heard about. Metaverse is said to have been fully developed and adopted into the internet by 2027. It is the three-dimensional representation of the internet, waiting for some improvements to its UI before it is ready to go mainstream and overtake the original 2D internet.
The possibilities of metaverse are numerous, and individuals might not even to be present in person for business appointments, medical examinations, etc. Crypto and blockchain will be a known mode of payment in the metaverse.
The main goal of PDX for metaverse is to build a banking and payment service suitable for the metaverse in as much as its launch is in years to come, PDX is getting its technology ready for it. They plan to lead the commercial payments in the metaverse. PDX also plants to add investments to their list of features while building long business relationships with platforms.

R6TbvATub8MquGoqJZ4SE2UCpaUQzmNnWQxvJGwvYApXWE26RwkJyoASjr4MffNPVH37tS3zqD11XcCgz4b8puNWuyE9ZPJghcPV8aXxqcjer3Jpd2oWUgJ6vxvkTb2cfuGC4Wjayq6zsyX4rztWLVwXfwiYH8Ga7iUoSekK9Yz2jV2jWzpDqpyx7heUxRfbtzbC.png

Why PDX?
PDX was created with the intent of becoming the first non-fiat trading platform in the crypto sector. It provides the send or receive option for people around the world who want to make easy and quick transfers in fiat and digital currencies. They can have access through their phones or other devices, and also send Bitcoin and make peer-to-peer payments globally for a cheap price.
It also serves a a strong store of value as users can make use of the underlying energy assets as well as its DeFi functions. PDX will develop a software that will allow users transact in digital currencies such as Bitcoin as easily as they do with fiat currencies. Merchants can also exchange a particular currency for another, which might be the preferred currency.

PDX's blockchain protocol
PDX is currently built on the Ethereum blockchain, however, the project has decided that with time, the Ethereum blockchain will not contain the innovations and development that they plan to make with their ecosystem. Therefore, they are creating a new DeFi blockchain protocol they will call Siberia. It will govern PDX by a higher body like a foundation for a sense of equality in the ecosystem. The goal of PDX is to finish the development of Siberia by late 2023 and release it for public use. At that moment, PDX will leave the Ethereum blockchain and migrate to the Siberia blockchain. This way, PDX can now make fast and almost costless transfers on the Siberia blockchain, and without the need for a middleman unlike in the Ethereum blockchain.
The main features that the Siberia blockchain has in mind is the banking and payments feature, however, all other necessary features will be made available. It will be based on blockchain, DeFi, and smart contracts, and will be open-source, allowing third-party apps and projects to build on their blockchain. Siberia will act as a multi-chain blockchain, allowing more than one application and transaction to run at the same time, and will allow different blockchain to operate simultaneously and connectively. It will make use of a PoS mechanism where all users of the blockchain contribute to its governance and development. Stabila will work towards many of its other goals for PDX such as easy integration to the metaverse, global and digital payment services, DeFi, gaming, and a lot more.

Conclusion
PDX will dissolve any barrier that was formerly there with transacting globally with digital currencies. Fiat currencies will be easily converted to digital currencies for a small cost. In the future, PDX will introduce their own blockchain protocol called Siberia where they will move their network to after migrating from Ethereum.

96PguSMiZiG2aJ3NLqePiD2iuR7rncmaN6uroXtVxGaAG1aMjGQwVWrvEXKnUsExSbf5NZ3sWGjjP2GX2u2npLoq9fkgr5Sz6sjSsZMShWs996FLnaoHppn9piQufhMrmPAvqVK9HLnDNMywKdVUMdMoYPsu7JbcfukzK2LtR75JmDbUTQf9j6V8KmKM3kBCKsJa.jpg