PDX: THE PATHWAY TO MAINSTREAM ADOPTION OF CRYPTOCURRENCY
INTRODUCTION
The emergence of blockchain technology has brought about so many disruptive innovations in different areas of human endeavors. First in human history, we now see cross-border financial transactions being settled in hours and sometimes minutes or even seconds unlike the conventional payment system that take days. Other areas such as medicine, agriculture, entertainment and so on, have also felt the impact of this amazing technology. However, the potential of this technology is yet to be fully harnessed as we are yet to see mainstream adoption of cryptocurrency whereby access to and use of cryptocurrency will be safe, seamless, and preferable to fiat currency. Therefore, there is still a problem that require urgent solution.
THE PROBLEM
There are quite several problems hindering the adoption of cryptocurrency. Notable among them are:
- Complex and Requiring High Technicality: Cryptocurrency as we have it today seems to be exclusively reserved for the tech-savvy guys. This is a major problem facing cryptocurrency
- Lack of Access: Having access to cryptocurrency is a major problem for people from many jurisdictions. One area that makes this worse is converting from Fiat to cryptocurrency and vice versa.
- Security: While blockchain technology offers additional security, there are still issues of security breaches in many cryptocurrency platforms. This is a source of concern for individuals and institutions and have deterred people from opting for cryptocurrency.
- Scalability: Most of the blockchains that are scalable, such as Ripple, Tron and EOS are centralized, and this makes them vulnerable to attack. Conversely, popular decentralized blockchains such as Bitcoin and Ethereum are rarely scalable, hence, they are unable to handle many transactions at the same time and become overloaded when too many people switch over to them, resulting in longer waiting time for payment confirmations.
THE PDX SOLUTION
PDX saw the need to make cryptocurrency accessible, convenient, and attractive to people while ensuring that security is in place to protect all users. This is what birthed the idea of the PDX platform. PDX aims to bring about mainstream adoption of cryptocurrency. The core considerations in the PDX platform design is simplicity, speed, beauty and security. We shall explore the PDX platform in a moment to see what PDX is bringing to the industry.
FEATURES OF THE PDX PLATFORM
The PDX platform is all-inclusive and designed to give the user a wonderful experience. Some of the core features of the PDX platform are:
- Decentralized Digital Bank: This is one of the key features of the PDX ecosystem. It will facilitate all the banking capabilities of conventional banks but have cryptocurrency integration and a flexible gateway for fiat to crypto conversion. In other words, users will be able to open bank accounts, save funds both cryptocurrency and fiat, make transfers and convert from one national fiat currency to others. The PDX bank will be compliant with international banking regulations even banking licenses will be obtained in the various jurisdictions. In addition, cryptocurrency debit and credit cards will also be issued, and this further expand the scope of this platform.
- PDX Payment Gateway: This is the second component of the PDX platform and will allow users to pay for goods and services via cryptocurrency, send money to friends and even convert cryptocurrency to fiat and vice versa. Through this, PDX targets to enable businesses to easily integrate cryptocurrency payment into their businesses.
- PDX Wallet: This is a cryptocurrency wallet where users can store their assets. It is safe and convenient to use. The web wallet is available while the mobile version will be available soon.
- NFT and the Metaverse: PDX will develop their own NFTs as well as play active role in the Metaverse.
WHAT WILL POWER THE PDX ECOSYSTEM.
At the heart of the PDX platform is a decentralized digital currency called PDX COIN. The PDX COIN will run on the Etherium blockchain with plans to build its own blockchain which is projected to have many amazing advantages over other blockchains and cryptocurrencies. For instance, transaction in the PDX blockchain will be confirmed within seconds, almost instantaneous at almost zero cost.
Besides, PDX network will be able to support many transactions at the same time without being overloaded, solving the problem of scalability. This is indeed a revolution being unveiled.
There will be a maximum supply of 5 billion PDX coin with initial minting of 150 million coins representing initial circulating supply. PDX coin is currently listed in P2PB2B Exchange and Vindax and there are plans to list in XT.com, Uniswap and others.
WHY SHOULD YOU BUY THE PDX COIN?
Buying the PDX Coin is a safe investment because it meets all the conditions of successful cryptocurrency projects. The product is good and will be greeted with massive acceptance. Imagine owning a coin that will be needed to pay for goods and services in pioneer digital ecosystem, then you will understand the potential of the PDX coin. Besides, the PDX coin is backed by real assets in the form of energy reserve. This is possible through the parent company that have energy reserve in USA and Africa. Hence, the PDX coin is tied to these reserves as a way of sustaining the value.
CONCLUSION
It is wise to always look out for the product behind every cryptocurrency project as this is what will create the demand. PDX is unveiling a unique product that will set the pace for greater penetration of cryptocurrency. This will surely be a project to pay close attention to and the coin is worth holding in your portfolio.
For more information, follow any of the links below:
Website Whitepaper Telegram
Author
Forum username: nattykio
Forum Authetication Post
Great work, thanks for sharing