PDX a new, full-fledged global physical and virtual banking network that provides a full range of retail and business banking services

7 min readMar 13, 2022

Introduction

Meet again in a discussion about banking projects that use blockchain technology, namely the PDX project. Blockchain technology has the potential to significantly reduce costs and time in cross-border banking transactions, increasing bank efficiency. In a Moody Investors Service report published today (16/4/2018), Blockchain technology makes cross-border transactions faster and cheaper. This can be a positive credit for banks because it increases efficiency and a negative credit because it reduces fee-based income. Blockchain has the potential to substantially change the way various types of financial services are run. Banks can take significant advantage of the development and implementation of blockchain technology in terms of increased efficiency, cost savings and risk reduction. This disruption of technology supporting digital currencies (cryptocurrencies) such as Bitcoin, is most felt in banking banks located in the United Kingdom, Belgium and Switzerland because they carry out many cross-border transactions. PDX Coin is a compliant digital currency whose value is backed 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 the latest version of the smart contract, which replaced the genesis version, was deployed to the Ethereum mainnet. PDX Coin is designed to represent the seamless electronic transfer capability of the value attached to the underlying physical asset. PDX special structure,
independently certified base value, and the potential for lower market volatility can provide economic benefits for the holder. PDX Coin is a reliable store of value, medium of exchange and unit of account besides PDX Coin will enable holders of other digital or national currencies to lock in profits and/or protect against adverse declines in value due to inflation, volatility or currency devaluation.
These characteristics, together with a focus on transparency and regulatory compliance, position PDX Coin as a top safe haven digital currency capable of attracting investors and consumers around the world, regardless of size or sophistication. PDX is a global payment processing industry platform, and the way everyday banking and payments are done between cryptocurrencies and fiat currencies, and we will build a unique and cutting-edge cryptocurrency exchange platform that complements our unique crypto-to-fiat mobile phone. and exclusive. -Enabled payment applications, as described further in the technical section of this white paper.
PDX's banking, exchange and payment processing capabilities will complement each other, which in turn will lead to massive user adoption in the consumer and commercial worlds. This in turn will lead to the large-scale and increasing acceptance of PDX Coin as a means of payment, by goods and services merchants, globally, which in turn leads to more consumer acceptance of the use of PDX as a means of payment and store of value. The in-house banking infrastructure we built was key to this endeavor, and we believe it is a game changer, as merchants and vendors are guaranteed, and guaranteed, payments in whatever form they desire. For merchants, transactions are confirmed instantly, and completed, versus waiting a few days now and paying fees of up to 4%. With our banking network in the middle of any transaction, traders can instantly settle in any fiat currency.

Benefits of PDXcoin

PDXcoin is the future of money. It is a decentralized, digital currency that enables instant payments to anyone, anywhere in the world. PDXcoin is the first cryptocurrency to be backed by assets (tokens). Tokens have real world value and can be used to purchase goods or services, just like money. The currency is 100% digital and can be used in a variety of ways, including sending funds to family or friends, making payments to companies, or trading on exchange markets.

PDXcoin stands for Portland, Oregon, which is the city where PDXcoin was created. PDXcoin is a cryptocurrency designed to help people in Portland, Oregon to get around the city. To do this, PDXcoin will be used for things like buying food at restaurants, paying for parking and getting into shows, and much more. In the digital world, we are used to buying and selling things with the click of a button or a swipe of a screen. This experience is amazing, but there’s still one thing missing: the ability to buy and sell things with a simple conversation. We’re excited to announce the release of PDXcoin, a new cryptocurrency that makes buying and selling a seamless experience. With PDXcoin, anyone can easily send and receive money on a local, national and global scale.

Ever since the dawn of civilization, humans have been using physical objects as a medium of exchange. As the world progressed, we’ve seen the rise and fall of many different commodities. At one point, gold and silver were the only “real” forms of currency, and then came paper money. Today, we have a new form of currency that is taking the world by storm: cryptocurrency. Cryptocurrency is a digital token that can be sent and received from place to place using the internet. The most famous form of cryptocurrency is Bitcoin, and its value is ever increasing.

How PDXCoin Works

PDXCoin is the future of money. The way we use money is evolving. PDXCoin is the future of money. Pdxcoin is a virtual currency that can be used as a means of payment for goods and services, with minimal transaction fees. Pdxcoin has been designed to be a stable currency, and one of the ways this is achieved is by controlling the supply of coin. The Pdxcoin team will be releasing a maximum of 100 million coins.

PDXCoin is a cryptocurrency that has been developed for the city of Portland, Oregon and its citizens. The PDXCoin will be a key to the future of the city's economy and will allow local businesses to thrive. This is a new and unique cryptocurrency for the city of Portland that allows it to be self-sustainable until it reaches mainstream adoption. With PDXCoin, the city can reach its full potential without depending on outside sources of income or government funding.

PDXcoin is a digital cryptocurrency that is decentralized, meaning there is no central bank or governing body to control it. PDXcoins can be used for payments and trading for goods and services. The currency is secure and anonymous for users. The blockchain, which is a public ledger of all transactions, is secured with cryptography. PDXcoin is open-source, which means it can be publicly audited, and the code can be freely modified. PDXcoin can be mined through the process of using computers to solve complex math problems.

PDX Token

PDX Coin is an ERC20 utility token, which will trade and be known as PDX. PDX is a digital currency that is at the core of a powerful new banking and financial services ecosystem based on encrypted and permissionless peer-to-peer payments and money transfers, globally, that solve multiple problems. It is also being positioned as a leading payments channel in the Metaverse.

PDX Coin is trading on the P2PB2B and VINDAX Exchanges.

Don’t Forget P2PB2B Exchange
✅ https://p2pb2b.io/trade/PDX_USDT/
✅ https://p2pb2b.io/trade/PDX_BTC/
✅ https://p2pb2b.io/trade/PDX_ETH/

Don’t Forget VINDAX Exchange
Contract address 👇

https://etherscan.io/token/0x6a8fee0E33Cb65a7E8D21BadCA62E87639ef74B3

Tokonomics

Token Name: PDX Coin
Token Ticker: PDX
Network: ERC-20
Total Supply: 5 Billion

TEAM

PDX is created and consists of a very simple, experienced and highly trustworthy team who will handle PDX duties and promotions and act to ensure compliance with relevant US laws and other objectives. PDX will be provided in accordance with important laws in the main region. The movement of PDX tokens will be subject to compliance with any relevant laws. Maintaining initial energy supplies and PDX warehouses will comply with laws governing product exchange, including the US Exchange of Goods Act. Budget reports relating to PDX and its energy resources will be prepared in accordance with good US accounting standards or comparable principles that may apply in various regions and may be reviewed by major international accounting firms.

CONCLUSION

PDX has been created as a digital token on the Ethereum blockchain via the ERC20 protocol. Each PDX token issued into circulation will be supported initially by independently certified oil and gas reserves, or oil equivalent.
PDX will partner with leading globally recognized institutions (audit, and petroleum engineering) in order to cost-effectively and securely build, audit, and monitor the pool of oil reserves benefiting all PDX holders.
Our stated goal is to pivot entirely out of fossil fuels and replace the token backing with renewable energy assets.
Once a PDX Coin token has been issued, it can be held, transferred, or exchanged, subject to applicable law, either in whole or in part, in the same manner as Bitcoin, Ether or other digital currencies. At any given time in its first 10 years, PDX’sunderlying reserve barrels of oil will approximate not less than the number of PDXtokens in circulation.