PDX Coin and its Daily Usage

estylo (39)in #pdxcoin • 2 years ago

Introduction

Quite a number of people are yet to accept the concept of cryptocurrency and its adoption in their day to day activities even though it has grown significantly to influence the economy. This is because most of them are of the school of thought that cryptocurrencies have no physical value attached to them which is untrue. The PDX is a coin that has energy assets to support its worth. PDX coin's physical worth is backed up and supported by audited and authorized independent power assets. The goal of the PDX cryptocurrency project is to ensure that each of its coin is supported by layers of power to creating ability thus, the PDX coins will be made to directly represent the renewable energy value.

The Challenge of Daily Usage

The use of Digital currencies in daily routines is limited which leads to a limitation in growth of the cryptocurrency industry as a whole. As stated earlier, crypto assets have not been accepted by vendors and merchants because of its market volatility including the absence of a standing payment structure and the general inability to make use of cryptocurrencies for micro-transactions quickly. Business related individuals needs these factors to be in place to be trusted and adopted in their structures. Therefore, PDX is creating a platform for worldwide de facto cryptocurrency payments to be enabled and accepted via its send or receive recent application that converts crypto assets to fiat currency immediately, as a transaction is in process. The success of this app would be a huge milestone for the crypto industry as merchants, vendors and business oriented individuals will be welcome on board.
Also, the volatility of the crypto market leads to great fluctuations in price which is another challenge. Through the use and ownership of PDX token by a large population of people, this challenge can also be managed. It is enhanced by creating simple methods for users to make payments with digital assets or currencies.

The Solution

PDX project is on the creation and release of a solution to the world in line with banking facilities for in-house which allows any POS terminal (point of sale) to have basic iOS as well as Android-supported apps installed to function effectively in receiving crypto as it does for fiat currency. This system is acceptable by merchants and the like because the cryptpcurrency is exchanged for the preferred fiat currency of the merchant which is carried out instantly and alongside allows cryptocurrency owners to spend their assets with ease for the first time.
Through this app, online transactions to vendors, merchants, etc., worldwide will be facilitated and the metaverse is not left out.

Conclusion

The pivot of this project which supports PDX coin as a permanent store of value will be achieved by making its usage simple and thus attracting to PDX holders; a simple feature of "accept and exchange" to attract merchants or vendors whose interchange charges will also be reduced hence, there will be nothing like technology fees incurred. This infrastructure for the banking sector is a game changer for all.