Below are some of the real-world use cases of the Reed Elsevier Coin (RELX):
Payment Method for Reed Elsevier
Before pushing the coin to the cryptocurrency market, the parent company, Reed Elsevier already designated it for use in its chain of businesses.
That is, the Reed Elsevier Coin (RELX) will serve as the primary currency for most of the business and financial transactions about its parent company, Reed Elsevier.
I will say that this feat is commendable because there are only a handful of companies that are already using cryptocurrencies for payments.
So, I must commend the parent company of this project for the unique use case is created for the Reed Elsevier Coin (RELX) to be used for most of the financial transactions of the company.
Exchange of Value
The Reed Elsevier Coin (RELX) will also be used for the exchange of values between Reed Elsevier Company and the subsidiaries or companies that are collaborating with it.
In addition to that, the exchange of value will be extended to the employees or the workers in Reed Elsevier so they can be a part of the inclusive cryptocurrency ecosystem that the company is creating.
What exactly is Reed Elsevier?
As depicted above and as indicated on the official website of Reed Elsevier, RELX is a platform currency representing value and wealth in the decentralized economy used for the exchange of values between RELX companies, employees, customers, and other third-party entities. your swap is a new form of the governance system, a think-tank where innovation, entrepreneurship, and technological advancements are the priority, creating a much needed utility focus to the blockchain space.
In addition, RELX intends to provide a reliable, secure, trustless and open business environment for a non-inflationary DeFi ecosystem. In this platform, long term coin holders will also have access to yield generating investment strategies.
Crypto-enthusiasts interested in being a part of the Reed Elsevier (RELX) innovation will be fully entitled to impressive advantages like Internal exchange, Cooperation with Arbitration, Multicurrency coins, Mature security systems and measures as well as blockchain technology.
Despite the insurgence of coronavirus, with strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, RELX, a platform currency representing value and wealth in the decentralized economy used for the exchange of values between RELX companies, employees, customers, and other third-party entities has arrived.
"One of the best advantages of blockchain is that it improves data security. By offering an immutable record of all transactions it disrupts the conventional security methodologies. Every block is encrypted before linking it to the others. This minimizes the impact of a data breach by distributing the records across multiple nodes.
Moreover, combined with traditional disaster recovery solutions, blockchain can effectively prevent data loss. An attacker would have to change all data blocks at the same time, which is very difficult to do.
Replicating a database on multiple servers is not the first thing that comes to mind for improving efficiency. However, the blockchain structure allows the nodes to communicate almost instantly, increasing speed and effectively improving operations."
With that being said, RELX is providing a stable, secure, transparent and open business platform for a non-inflationary DeFi ecosystem. It is aimed to provide yield generating investments strategies to long-term COIN holders.
Cryptocurrency is perhaps the most progressive developments of this decade. Cryptocurrency permit exchanges that are straightforward, secure, unknown, and decentralized. On account of these highlights, cryptocurrencies is promoted as an adversary to conventional payment frameworks today and a few specialists even notice that digital money will turn into the payment arrangement of things to come.
RELX is a cryptocurrency that is a platform addressing worth and abundance in the decentralized economy. RELX acts very much like some other payment platform. It is arranged that RELX will be utilized in the trading of significant worth between RELX organizations, workers, clients, and other outsider substances. This is the world's best finished USA committed token
•ROADMAP•
Project Idea
December 2020
Study of The Project
December 2020
RELX Project was Created
January 2021
Start developing a working platform and website
January 2021
Partnership Started with P2pb2b
February 2021
RELX Airdrop and Bounty has Started
February 2021
Pre-Sale Launch
February 2021
Exchanges Listed (P2pb2b)
March 2021
App Published
April 2021
Upcoming More
•Conclusion•
RELX is a platform currency representing value and wealth in the decentralized economy used for the exchange of values between RELX companies, employees, customers, and other third-party entities.
Learn more about the project:
Website: http://www.reedelsevier.digital/
Telegram: https://t.me/ReedElsevier
BitcoinTalk: https://bitcointalk.org/index.php?topic=5317356.msg56351110#msg56351110
Facebook: https://www.facebook.com/reedelsevier1
Twitter: https://twitter.com/ElsevierReed
Reddit: https://www.reddit.com/user/ReedElsevier
Telegram Group: https://t.me/ReedElsevier_news
Youtube: https://www.youtube.com/channel/UCJidDC3g01AjtYove64T_pA
•AUTHOR• https://bitcointalk.org/index.php?action=profile;u=1635367