PayVX ICO REVIEW
What is PayVX?
PayVX Is The Most Simple, Fastest, And Safest Payment Technology In The World. Escrow-Currency Escrow Service Provided Builds a Safe Bridge And Creates A Trust Relationship Between Both Parties For Online Business Transactions.
Because Crypto-Currency Transactions Can not Be Changed, Dealing With Untrustworthy Parties Is A Serious Risk Level For Buyers And Sellers. PayVX Effectively Secures This Process, Ensures Trust And Trust To Process The Operations.
PayVX, goal is to ensure the safest and most efficient payment service through the use of our escrow payment network.
Why PayVX?
The Most Simple, Fastest, And Safest Payment Technology In The World
SECURE
At payVX, our goal is to ensure the safest and most efficient payment service available through the use of our escrow payment network.
RELIABILITY
At PayVX, our cutting-edge blockchain network will ensure safe and efficient transactions at the perfect speed.
CONTROL
PayVX users will have full control and transparency of their transactions using our escrow payment system.
IDENTITY OF ELIMINATION
PayVX leverages the latest theft and identity theft and prevention techniques to ensure the security of our users with every transaction.
PayVX reduces the risk of fraud by acting as a trusted third-party that collects, holds and only disburses funds when both Buyers and Sellers are satisfied.
PAYVX PLATFORM
▪ Decentralized escrow platform for making cryptocurrency transactions between two parties. It is ensured with PAYVX tokens (PVX) based on Ethereum blockchain.
▪ Low fees are charged for ensuring that the transaction is safe and private.
▪ Saves time when making a transaction, no third parties or bureaucracy
Platform Fundamentals
▪ PayVx is a platform for making deals and transactions.
▪ Fee (commission) is a payment for the deal made by contractor. ▪ Buyer — a party, interested in deal safety.
▪ Seller — a party invited by a buyer.
▪ Trust node — PVX token holders.
▪ Escrow — an independent and anonymous chain of escrow-nodes. Escrow settle the differences.
▪ Escrow-node — trust-node in status escrow.
What is escrow service?
An escrow is a financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction. It helps make transactions more secure by keeping the payment in a secure escrow account which is only released when all of the terms of an agreement are met as overseen by the escrow company. Escrows are very useful in the case of a transaction where a large amount money is involved and a certain number of obligations need to be fulfilled before a payment is released like in the case of a website being built where the buyer might want confirmation of the quality of work being done before making a full payment, and the seller doesn’t want to extend a massive amount of work without any assurance that he or she will receive payment. While traditional escrow service is quite difficult and must be obtained through banks and lawyers, PayVX provides online escrow services at affordable rates.
How does Escrow Work?
Buyer and Seller agree to terms - Either the Buyer or Seller begins a transaction. After registering at PayVX, all parties agree to the terms of the transaction.
Buyer pays PayVX (escrow) - The Buyer submits a payment by approved payment method to our secure Escrow Account, Escrow.com verifies the payment, the Seller is notified that funds have been secured 'In Escrow'.
Seller ships/deliver merchandise or service (website for example) to Buyer - Upon payment verification, the Seller is authorized to send the merchandise or service and submit tracking information. PayVX verifies that the Buyer receives the merchandise.
Buyer accepts merchandise - The Buyer has a set number of days to inspect the merchandise or service and the option to accept or reject it. The Buyer accepts the merchandise or service.
PayVX (escrow) pays the Seller - PayVX releases funds to the Seller from the Escrow Account.
TOKEN AND ICO DETAILS
PayVX Tokens
(Ethereum ERC-20 token standard)
The key element of the PayVX platform is PVX - the asset based on ERe20 standard. The tokens are available for purchase through the personal account when the user registers on the platform by means of the internal account (wallet) of the platform.
▪ Create nodes of trust in the platform.
▪ Ensure the right to decide as well as to receive the profit of every successful trade.
Token Distribution
Use of Funds
ROADMAP
TEAM
For More Information please visit the links below;
WEBSITE: https://payvx.io/
WHITEPAPER: https://www.payvx.io/public/images/white_paper.pdf
FACEBOOK: https://www.facebook.com/payvx/
TWITTER: https://twitter.com/payvxofficial
TELEGRAM: https://t.me/PAYVX
Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409
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