Since the introduction of the first Cryptocurrency Bitcoin using Blockchain technology in late 2008, a number of Cryptocurrencies have emerged. A number of startups have focused on the technological evolution of Cryptocurrency, which has resulted in significant technological advances. There are also various industries where Cryptocurrency can be applied, and various protocols have emerged. They have made significant advances in encryption technology, the speed of processing, security and more. However, these developments are too much focusing on technology and not much research is being done on payments and settlement methods which is the original function Cryptocurrency's PAX 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.
What is Blockchainstory Co., Ltd & PAX Foundation Doing Now
The Blockchainstory Co., Ltd and the PAX Foundation first focused on Central and South American countries such as Venezuela, Colombia, Ecuador, Peru and Brazil. Although these countries have abundant natural resources, including crude oil, natural gas, and gold, they are in a position of economically weak countries due to unstable financial systems. Due to the sharp decline in real money value, the market is not performing its normal activities with very low self-reliance, and the national system also has many obstacles. As a result, the introduction of a new financial system is expected to be an urgent issue, and the introduction of Blockchain technology and Cryptocurrency is expected to overcome these obstacles. In order for Cryptocurrency to have a strong vitality and to build its own ecosystem, many participants must join and be able to actually utilize them in mining, trading and utilize it in real life. To be able to do this, the Blockchain Network must be maintained reliably, and many general participants should be able to actively participate in mining to have a valuable Cryptocurrency at a lower cost.