A new energy-backed cryptocurrency dubbed PDX Coin has indicated it is using Ripple xCurrent and XRP via xRapid.
PDX Coin is a petroleum supported digital currency, legally compliant and backed by independently certified recoverable oil and gas reserves.
Although PDX protocol runs on Ethereum network, owing to the real-time nature of the Ripple Transaction Protocol (RTXP), PDX says it may license and make use of Ripple’s proprietary tool “xCurrent”, which is efficient for universal inter-bank rapid messaging to achieve global transfers and payment for seamless and fast transaction.
