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BitMart lists Paxos Standard [PAX], rebuilding the trust in blockchain world

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BitMart lists Paxos Standard [PAX], rebuilding the trust in blockchain world
Source: BitMart

BitMart Exchange, a premier global digital asset trading platform, recently announced the listing of Paxos Standard [PAX]. By listing a regulated stablecoin, BitMart aims to rebuild the trust in blockchain world and drive it towards a more mature future.

PAX is an ERC20 token issued by Paxos, a New York based Trust company. As the first regulated Trust company with blockchain expertise funded in 2012, Paxos is uniquely positioned to mobilize and custody assets digitally. Moreover, the company undergoes independent third-party evaluations by the global leading auditor – Withum to ensure best security practices.

PAX is backed up 1-to-1 with US dollars and is approved by the New York State Department of Financial Services [NYDFS]. Therefore, it is also the world’s first regulated stablecoin. With the oversight from the US regulators, PAX became a more trustworthy stablecoin for investors. So far, Pax has been listed on an array of global leading exchanges. As Tether has been losing its grip in the market ever since it lost its peg against the USD, PAX has attracted much more attention since its launch.

Regulated stablecoins serve as a perfect middle ground where regulators maintain a large degree of control, but the currency also offers higher liquidity than traditional fiat.” said Sheldon Xia, Founder & CEO of BitMart. “This is a big step in the blockchain world and we applaud PAX for moving the industry forward.”

About BitMart:

BitMart Exchange is a premier global digital asset trading platform in the cryptocurrency market with over 530,000 users worldwide and ranked among the top 10 crypto exchanges on CoinMarketCap. BitMart currently offers 161 trading pairs with one of the lowest trading fees in the market. BitMart has opened credit/debit card deposit options and will offer full fiat service by the end of 2018.

BitMart has also listed stablecoin Gemini Dollar (GUSD) on its platform. To learn more about BitMart, visit their Website, Twitter or join their Telegram.



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Press Release

Party for the POC Believers – A New Consensus, a New Era

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Party for the POC Believers - A New Consensus, a New Era
Source: Pixabay

One of the most influential blockchain conferences – Consensus 2019, has just ended. Leading figures from all over the worlds of business and technology are still discussing the stories that emerged during the event, on the blockchain market, tech development and more.

Consensus is the core spirit of blockchain. The Consensus conference is named after this principle. While paying tribute to the technology, it inspires people in the blockchain industry to communicate, innovate and solve problems.

Source: Socialydia

After attending the Consensus conference, the BHD Community held an invitation-only party, ‘New Consensus, New Era’, at the Hilton Hotel NY on 14th May. This party gathered people from all over the world who believe in POC consensus, hard disk mining, and BHD, and gave them a good opportunity to connect in person.

Gary, BHD Community Initiator and Hpool COO, stated,

“The POC consensus adopted by BHD will lead a new era. Compared to ASIC mining, hard disk mining costs much less. The hard disk is also the most decentralized mining hardware in the world.”

He believed that only POC could realize the initial vision of Nakamoto – ‘one person, one vote’ – and called on people to join the POC ecosystem.

Source: Socialydia

Source: Socialydia

The attending investors and practitioners had deep discussions on the POC consensus and showed high recognition and interest.

Source: Socialydia

Source: Socialydia

[Network Session at the Party]

Source: Socialydia

Source: Socialydia

[BHD at Consensus 2019]

Source: Socialydia

Source: Socialydia

[photo with the visitors]

In the era of POW, BTC was at the forefront of the scene; now the rise of POC brings a new trend. BHD is the pioneer of this revolution, with new consensus and new mining structures. BHD will become the ‘BTC’ of the POC consensus mechanism.

Media Contact:

For more details, please visit Website, Email, Twitter, Telegram and Discord.

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