The Highly Acclaimed PayDex, an Advanced Blockchain Payment Platform - Global Coin Report
Connect with us

Hot Updates

The Highly Acclaimed PayDex, an Advanced Blockchain Payment Platform

Published

on

blockchain
READ LATER - DOWNLOAD THIS POST AS PDF

On March 6th, 2019, many celebrities of the blockchain industry were invited to gather together to have a private meeting between a high-end hotel in Cambodia.

There were many people attending this meeting, including Mark Minol, the founder of Paydex (V payment); Yu Lingxiong, the famous entrepreneur tutor, Chandler Guo, the well-known investor, and Yang Linke, the founder of Bitcoin China was also listed.

During the party, when the topic came to “How long does it take for Bitcoin to reach $1 million?”, Chandler Guo once again answered this question in the most easy-to-understand language: ‘Regardless of other factors, only due to the Bitcoin production was reduced. Starting from the mechanism, it is expected that Bitcoin would reach a million dollar after four times of reducing.

All the guests present here expressed their approval to Chandler Guo’s point of view. Paydex’s (Vpayment’s) founder Mark Minol said that: ‘Regarding the future development of Bitcoin, many people will focus on external factors such as macroeconomics and policy environment, but it is easy to overlook one of the most important and core mechanisms of Bitcoin – the underweight mechanism. External factors are endless, uncontrollable and unpredictable, but only by respecting the underlying logic and core design concepts of Bitcoin can we firmly hold Bitcoin and take advantage of the wealth express that is brought by the appreciation in Bitcoin. At the same time, it coincides with his belief in “defending the spirit of decentralization of Bitcoin.”

During the party, the guests also had a strong interest in the Paydex (V payment) created by Mark Minol. Mark Mino said that based on the decentralization of the cryptocurrencies pioneered by Bitcoin, and in order to subvert the existing traditional financial approach, he created Paydex (V payment) on account of the Vtoken public chain.

In the traditional financial system, the circulation of money must pass through financial institutions as transfer agents such as banks. Among them, there are problems of low transfer efficiency and high cost. Although the era of “Internet +” has emerged as an alternative to new and developing payment instruments such as Alipay and Paypal, the transfer efficiency under centralization still cannot bring an effective jump, and the reduction of handling fees is negligible.

The “Internet + Blockchain” will completely overturn the existing payment methods. The Vtoken public chain (the basis of PayDex payment) combines Ripple, Stellar and graphene underlying technology. It is a banking-like system with the same trading gateway like Stellar between fiat and the cryptocurrencies. The TPS value (transaction speed) is better than the EOS processing speed and the ultra-low handling fee. Nowadays, many well-known traditional banks have adopted Ripple’s underlying transfer technology in the trial of “blockchaining”. It seems that the advancement and correctness of Vtoken technology can be imagined. Paydex will provide payment for all cryptocurrencies based on BTC, ETH, VTOKEN, VPC, USDT, VRT, YEC, EOS, LTC and VUST for users and Vtoken families around the world based on the core technology of the public chain. Vtoken will serve as a medium for the exchange of many cryptocurrencies and national currency. More and more people will hold it, and Vtoken will generate great value in circulation.

Most of the current public chain projects are looking for scenes in technology, and Vtokenis a technical implementation and the scene is parallel. PayDex (V payment), as the world’s leading cryptocurrencies payment tool, will be used as a starting point for global mobile payment users to create a real-time flexible settlement blockchain payment ecosystem that meets users’ needs of payment, and online merchants, shopping, major gaming platform consumption, various blockchain trading media and other application needs. Paydex’s goal is to create the world’s most credible and efficient decentralized cryptographic payment tool, changing the high traditional mobile payment transaction fee, opaque payment information, default risks and so on, making payment simple and safe, creating a new financial model, and let Vtokengenerate value in circulation!

After listening to the description of Vtoken by Mark Minol, the big shots expressed their affirmations and high evaluations of the advanced nature of Vtoken technology and the concept of Mark Minor. Vtoken is now widely known in Southeast Asia, coupled with its sound development path, solid advancement of the team, Vtoken Ecology and Vtoken’s innovative business model will likely to become the leader of the 2019 blockchain circle. Mark Minol added that Vtokenis not the only one in the current public chain project selecting the “blockchain + payment” track, but there are still other competitors competing in this field. Vtoken must adhere to the principle of technology as the core and complete ecological construction as the first, in order to maintain its leading position.

The guests were full of praise for VTOKEN, saying that its disruptive financial innovation has greatly contributed to the blockchain. The combination of technology and scene are self-evident, and guests are very keen to establish strategic partnerships with Vtoken’s solid projects to help develop the cryptocurrencies industry in Southeast Asia. At the same time, they will pay close attention to the PayDex (V payment) before the launching in May 2019.

Featured news

Enhancing the DigitalBits Ecosystem through the XDB Foundation

Published

on

READ LATER - DOWNLOAD THIS POST AS PDF

The DigitalBits ecosystem welcomed a new benefactor in the form of the XDB Foundation, a non-profit organization dedicated to providing support for DigitalBits. The main objectives of the XDB Foundation include the DigitalBits Ecosystem Support Program, supplying both financial and non-financial assistance to qualified entities and projects within the DigitalBits community, with a focus towards innovation and speeding ecosystem growth.

Michael Gord, MLG Blockchain and GDA Capital founder, has been appointed to the role of Managing Director of the XDB Foundation.  “I am excited to see the launch of the XDB Foundation and to be joining the DigitalBits ecosystem in this new capacity,” says Gord. “In the coming weeks, the XDB Foundation will share additional updates regarding its key initiatives.  Over the past 2 years, we have seen DigitalBits achieve various milestones and with this next chapter I’m excited to see the XDB Foundation contribute as the new project lead supporting education, research and development, and ecosystem growth and adoption.”

Michael Gord’s first initiatives within blockchain started with establishing the McGill Students’ Cryptocurrency Club, McGill Students’ Fintech Association, Bitcoin Canada and providing leadership on the global expansion of the Blockchain Education Network.  Notably, he is also a key contributor to the Kerala Blockchain…

Continue Reading

featured

Popular Casino Games

Published

on

popular casino games
READ LATER - DOWNLOAD THIS POST AS PDF

It is pretty scary to think about the extent of the gambling industry’s dominance these days, mainly because of the sheer amount of revenue that it brings in each and every year. It seems as though quite literally everyone loves to gamble in one way or another, with casino gambling being by far the biggest gambling sector, something that is all thanks to the online casino explosion of the 21st century. 

Don’t get us wrong, casino gambling was an absolutely huge industry before online casinos came along, you only have to look at places like Las Vegas to understand that that was wholly the case. However online casinos succeeded in bringing all of these popular card games to the masses who couldn’t visit a proper casino. Let’s take a look at some of the most popular casino games. 

Blackjack 

Blackjack is widely regarded by gambling historians as being the oldest living casino game in the world, with evidence of it being played centuries ago. In fact, Miguel de Cervantes, a 15th-century Spanish novelist, referred to a game called “Ventiuna” (Spanish for 21) several hundred years ago, proof that blackjack has been around for a lot longer than simply the last two centuries. 

And there should be no real surprise…

Continue Reading

featured

InstantBuy Offers New Revenue Stream

Published

on

READ LATER - DOWNLOAD THIS POST AS PDF

InstantBuy Offers New Revenue Stream

Bitcoin and the broader digital asset market provides many assurances, but access to them is one of their weakest. InstantBuy expands access to crypto by offering non-intrusive tools to website owners. InstantBuy offers a new revenue stream options for website owners. 

Most users are funneled into a handful of centralized exchanges to quickly buy/sell BTC or other leading digital assets. However, these exchanges often require onerous KYC/AML processes and a bank account — two characteristics not widely available in many regions of the world. 

Capital controls, like the current situation in Lebanon, also curtail access to cryptocurrencies via government mandate. The only other semi-popular option is P2P exchanges. Although they have thin order books and complex user-interfaces. That’s why boosting access to Bitcoin and other digital assets is one of the foremost initiatives by many in the industry. 

If and when the bulk of mainstream users come, they need to have direct, fast, and cheap access to cryptocurrencies. And prominent Bitcoin OTC firm, IBIS Brokers’ latest InstantBuy feature is an intriguing step forward for opening up access to cryptocurrencies. 

A History of Access 

The crypto market’s endeavors to broaden access to the world of uncensorable digital assets…

Continue Reading

Press Release