What is Paxcoin?
Cryptocurrency 2.0 seeks to build an associated financial system and ecosystem that can be used as a means of settlement and payment in real life (Cryptocurrency 1.0 does not function as a monetary function yet, and it remains an investment property due to price fluctuation like stock in Cryptocurrency exchange).
PAXCoin has the highest level of security and stability, and through the establishment of a payment and settlement system, it is the best Cryptocurrency that does not require currency exchange in transactions between individual and individual, company and company, country and country. Although various technologies have been used for fair and reliable transactions in the past, they have many limitations that current financial systems cannot be resolved. The best technique to overcome this limitation is the Blockchain technology and the Cryptocurrency 2.0. By using Blockchain technology, you can record and share various kinds of information needed for trade transactions in the distributed ledger, so that the same information is sent to related parties, and information can be directly viewed or modified without an intermediary. Also, because the record remains in the Blockchain for the act of modification, it can be verified with past history even if there is any malfeasance. In addition, the emergence of Cryptocurrency with Blockchain has enabled reliability, time and cost savings in interpersonal, inter-company and international transactions.