Introduction
Driven by the recent COVID19 events and market developments, the use of cryptocurrencies
continues to play an important role in the world of finance. More and more banks are adopting cryptocurrency into them long term strategy development as users use them as a means to reduce fallout traditional banking systems and the need for contactless operations (Chainalysis, 2021).
However, the market continues to fail to meet end customer expectations. Our research shows that users looking for a complete solution that allows them to run all their investment and financial operations without the need to open multiple accounts on multiple platforms. A complete and easy requirement for navigation ecosystems are observed not only in well-developed markets, but in emerging markets such as Africa, where the banking system the limitations are severe and users are looking for ways to fix the problem through cryptocurrencies – all this is done through multiple platforms, coupled with high fees, sluggishness and lack of platform features that provide limited flexibility.
PDX Coin is a completely different solution compared to other digital currencies out there. The solution wants to create a cryptocurrency-based payment model where, instead of exchanging cash to complete transactions, consumers instead pay for goods and services in digital currency and allow vendors to receive immediate and guaranteed payments for a fixed amount of local fiat currency.
What is PDX About?...
PDX Coin is a digital currency that is at the core of a powerful new banking and financial services ecosystem. PDX is purposely designed to be an optimal store of value, as well as the world’s leading non-fiat means of exchange. It provides true send / receive functionality and will enable all people globally to have access to a banking capability on their phones and other devices, as well as access to credit and the ability to be paid in cryptocurrency as well as make payments, anywhere in the world, cheaply and instantaneously, peer-to-peer. It also acts as a relatively stable store of value by effectively securitizing and monetizing the value of underlying energy assets, and at the same time also providing full DeFi financing and yield generation capabilities.
PDX Coin (also referred to by its three-letter symbol, “PDX”), is a compliant digital currency whose value is underpinned by energy assets. The genesis PDX smart contract was fully deployed on the Ethereum blockchain onAugust 6, 2019, as an ERC-20 token, and an updated version of the smart contract, which superceded the genesis version, was deployed to the Ethereum mainnet on June 18, 2021.
This can be viewed at the following contract address:
https://etherscan.io/token/0x6a8fee0E33Cb65a7E8D21BadCA62E87639ef74B3
PDX Coin enables individuals and organizations to utilize a transparent digital currency with a physical value underpinned and backed by independently certified and audited energy assets.
Ecosystem
consists of a new global full-capability physical and virtual banking network providing a full range of retail and business banking services, a cryptocurrency exchange business with unique attributes and a guaranteed large customer base; and a merchant payments processing business, based on the blockchain, complimented by a leading-edge proprietary mobile-enabled contactless payments app.
Feature
The main feature of this application is that it will replace the awkward and unsustainable stable coin and staking application Flexa, with simpler payment processors and banking capabilities. This will offer consumers simplicity and ease of use - no more difficult than paying with cash or current visa cards.
For traders we offer a number of benefits:
- Transactions are instantly verified and confirmed via the blockchain.
- No chargeback.
- No more waiting 3 days to be confirmed and paid.
- Elimination or at least a significant reduction of fraud.
- Merchants will instantly settle in whatever currency they choose.
- The exchange fee is reduced from 3 or 4%, to no more than 1%.
- Peer-to-peer - all intermediaries are gone, except for PDX internally owned licensed banking entity, which is there for less than 30 seconds.
Over time, and for obvious reasons, this will take off in a big way, and it’s a "Visa-killer" as the system will not accept Visa or Mastercard, but only accept BTC and other cryptos. The merchant software that is currently under development will help this process and turn it into a trend.
On the merchant's end of any transaction, the PDX payments app will be embedded into their existing POS terminals. They won't need new hardware. The consumer will go to the store, point their phone-enabled wallet's QR code at the POS terminal, and the transaction is completed and instantly confirmed. Simple. And the merchant won't even necessarily "know" they are being paid in crypto, because PDX’s banking platform will instantly convert the crypto used in the transaction to whatever other currency the merchant prefers.
For the consumer, the PDX payments app is embedded in their wallet, and is simple and easy to use. All they have to do is point it at a POS terminal in a store or transmit their QR code online. Voila - bill paid or purchase confirmed!
Ultimately, consumers will be able to perform transactions in a secure and trusted manner using the PDX Coin while merchants will receive immediate and guaranteed payment for a fixed amount of local fiat currency. Merchants will be able to easily expand to new markets where credit cards are not used, and fraud rates are high.
GLOBAL PUBLIC TOKEN SALES
- Commencing 2022 Q3 as first of a series
- $5 billion target raise
- Expected to increase adoption base by up to 5 million token holders
- Proceeds to develop our energy assets, build our global banking infrastructure, roll out our exchange platforms, fund corporate and marketing expenses, and provide a significant boost to our R&D efforts and technology platform.
GLOBAL TOKEN SALE SERIES - USE OF PROCEEDS TABLE
- Banking / Payments / Capital Markets: 64.4%
- R & D, and related Investments: 11.6%
- Corporate and Reserves: 9.8%
- Energy Group: 6%
- Marketing: 8.2%
Link Official
- website: https://pdxcoin.io/
- Medium: https://medium.com/pdxcoin
- Twitter: https://twitter.com/PDX_Coin
- Telegram group: https://t.me/PDXToken
- Facebook: https://www.facebook.com/pdxcoin/
- Reddit: https://www.reddit.com/r/PDXCoin/
#PDXCoin #crypto-to-fiat #payments #banking #globalpayments #paymentsapp #bankingplatform #PDX #metaverse
Author
Bitcointalk Username: Palangpintu
Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2891179
Telegram @Username: @Arjunaatmaja1
Gmail: [email protected]
PDX ERC20 Wallet Address on P2PB2B: 0xb07B4197562C5eC55D7A2C79c8e4f9cD4bEf8A93