PDX COIN; The New Payment Way

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Abeexy

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2 years ago

Project Overview

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on the Ethereum blockchain on August 6, 2019, as an ERC-20 token, and an updated version of the smart contract, which superseded the genesis version, was deployed to the Ethereum mainnet on June 18, 2021.

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.

PDX Coin is a global payments and digital banking platform that is being built as an on-ramp to enable hundreds of millions of retail users, institutions, merchants and vendors and other ecosystem partners worldwide to fully participate in the crypto economy freely and easily with instant conversions and low fee

PDX Coin holders will be able to make instant payments and transfers anonymously, and instantly, anywhere in the world, and their data will be stored on an immutable blockchain, making it indestructible, theft-proof, and impossible for anyone else to know without their knowledge and approval

Aim of the Platform

PDX’s primary goal is to take advantage of its crypto payments and virtual banking capabilities in the metaverse.

For retail users PDX will offer a primary crypto and blockchain-based wallet to invest, store, spend, earn, lend, borrow, and be paid in crypto assets. In contrast to PDX, most other crypto-based payment efforts are crypto wallets that rely on legacy financial infrastructure. While the current system squeezes store owners with exorbitant fees from multiple banks and other middlemen, PDX Coin is a nearly instant peer-to-peer (P2P) network with no fees going to middlemen. Merchants will also benefit from the addition of instant money transfer in their preferred fiat currency, with no float times.

PDX will likewise before long beginning advancement of a totally new, completely decentralized and independent blockchain convention called "Siberia" that will offer super fast, minimal expense, and high exchange limit with dependent upon 1,000,000 exchanges each second. Among different advantages, the Siberia blockchain convention will take out purported "gas" expenses from blockchain stages like Ethereum. Upon culmination, PDX will relocate off the Ethereum blockchain and onto Siberia. Siberia coins will be circulated as a profit to all PDX Coin wallets.

PDX likewise plans to, sooner rather than later, start making interests in, just as shaping long haul associations, joint endeavors and collusions with, content engineers in the fields of sports, betting, gaming, and other amusement.

The problem of the platform

Merchants, and administrations sellers, are yet to acknowledge cryptocurrency because of the unpredictability of the market, just as the absence of a current installment framework, and their general powerlessness to be utilized inside speedy miniature exchanges. PDX believes that massive price fluctuations can be easily mitigated by widespread token ownership and usage, which is facilitated by providing users with easy ways to pay with digital currencies.

Solution to challenges

PDX will enhance online payments to merchants, vendor’s and others, globally, including metaverse.

The financial framework we are building is critical to this work, and we see it as a distinct advantage, as traders and sellers are guaranteed and ensured installment in any structure they want.

The SIBERIA Blockchain Protocol

We have realized that, in the longer run, the Ethereum blockchain may not suit, and cannot meet, our needs, transaction speed, transaction volume, and transaction costs accordingly so we are developing a new DeFi blockchain protocol with the working title "SIBERIA". This new blockchain will sit above PDX and be governed as a fully decentralized and independent blockchain.

This will provide PDX with vastly improved transfer and transaction speeds at next to no cost, and without the need for a clunky “middleman” mechanism, as with ETH, to effect a transaction.

Focus

PDX will at the time of the Public Offering exist on the Ethereum blockchain (or globally acceptable equivalent), and avoids the limitations of operating within a less developed blockchain or within closed-source software running on a centralized, private database,

PDX Coin may be used in the same manner as other digital currencies, held as a store of value or transferred from peer-to-peer in a pseudonymous, decentralized, cryptographically secure environment,

PDX Coin can be easily integrated with merchants, exchanges and wallets,

Each of the projected 150 million PDX tokens on issue after the upcoming series of private and public token sales will be supported by at least 13 reserve barrels of oil and oil equivalent, making its value proposition straight forward and easily understood.

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