DAPP REVIEW: PAX standard token (Incorporates US Dollar Stability with the blockchain technology)
Have you ever sought for an easy way to escape the volatility of the market? PAX exploits the efficacy of blockchain technology, incorporating a dollar-like currency into the crypto world. Nailed on a threshold of stability, it offers that shelter whenever needed as it will never go above or below a dollar.
It is a token instantaneously transferred anywhere, anytime in the world and it is listed on over 90 exchanges and counting- This speaks volume of its accessibility. This dapp under the ethereum blockchain also takes security very highly, PAX is issued by the Paxos trust company and funds are protected and equally regulated
Additionally, PAX can be use to by-pass cross-border transaction fees and to move assets without hassle. In years to come, it is envisioned as a mode of consumer payment for those outside the USA who face the risk of volatility.
PAX token can easily be added to ETH wallet(Metamask or MyEtherWallet) by simply adding the Paxos standard token address
PAX Token Address: 0x8e870d67f660d95d5be530380d0ec0bd388289e1
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