A Description of PDX Coin

estylo (39)in #pdxcoin • 2 years ago

Introduction

The coin; PDX is an ERC-20 token based utility token. This coin will be traded, known and reffered to as PDX Coin; its official name while PDX is the symbol. Based on designation and purpose,the coin will be identified as either of them. PDX potrays the generation of a genuine worldwide financial system shadow. PDX is likened to digital money which is at the center of a recently innovative banking and financial system services known as the Three Pillars. The financial system PDX is being centered on is encrypted and does not need a middleman for peer-to-peer connection, carrying out transactions, transferring money and other numerous challenges in the globe can be made. This means that third parties are absent and it is a decentralized system where no middle person is needed to authorize transactions or make decisions on behalf of everyone in a community.

With the PDX coin, its holders will have the permission to carry out transactions instantly and make anonymous transfers to any location in the world. Customers or recipent information will get saved on the Blockchain technology which is immutable hence, stored data becomes resistible to destruction, theft, scammers and well-secured against strangers without permission. PDX will affect the worldwide payment system and processing sector including the manner in which banking and daily payments will be regulated between Fiat and cryptocurrencies. PDX project also intends to develop a rare, top-notch and excellent exchange platform for cryptocurrencies which supports the rare, administrative cryptocurrency-to-fiat currency mobile phone supported payment applications. The banking, payments and exchange process of PDX abilities will benefit both parties as such results in large adoption by users in both commercial and consumer or client world. When a huge population adopts this system, it results in large scale and overwhelming reception of PDX coin as a legal tender fro makkg payments by wholesalers, merchants, business men and the likes of products and services around the globe resulting in more adoption and reception of PDX coin as a payment methodd and store of value. Usually, for a thing to be accepted worldwide as a store of value, it means it has gained the acceptance of people, they have recognized its worth and are ready to receive it in exchange for their products, goods and services.

The PDX has a ecosystem which comprises of a recent worldwide full capacity banking both physical and virtual bank network, offering a wide range of services for banking and retail. PDX coin is a native currency of PDX that gives permission to Individuals to make use of a transparent financial system and currency. The transparent feature of the PDX token sets it apart as a unique platform to be trusted by business persons and their customers

Conclusion

A major advantage of Decentralized Financial System is fairness and transparency. Currently, the business sector has ups and downs from distrust, to poor goods and services, hike in prices, or partiality to a group of persons. With PDX however, people are assured that the business environment will be a fair place for each person to thrive and carry out transactions.