Enecuum ENQ to PAX Gold PAXG Exchange

Crypto Pair Details: ENQ to PAXG

Enecuum ENQ

Enecuum is the next-generation blockchain that improves security through mathematical smart contracts, allowing instant transactions with zero commission and solving the problem of network scaling by simultaneously supporting three algorithms for mining: PoS, PoW, PoA. 'The project was created as an ideal environment for decentralized applications and business applications. The basic requirements that we set for the project are scalability, speed and security. Using revolutionary developments - mobile mining, smart contracts on Petri nets and linear logic, a hybrid consensus algorithm and project management based on the time contribution to its development and many other solutions, we have created a protocol of tomorrow. Distributed experienced team is constantly working in Hong Kong, Dusseldorf, St. Petersburg, Seoul in order to launch the network and give everyone the opportunity to feel the block of tomorrow.'

PAX Gold PAXG

PAX Gold (PAXG) is an asset-backed token where one token represents one fine troy ounce of a London Good Delivery gold bar, stored in professional vault facilities. Anyone who owns PAXG has ownership rights to that gold under the custody of Paxos Trust Company. Since PAXG represents physical gold, its value is tied directly to the real-time market value of that physical gold. PAXG gives customers the benefits of actual physical ownership of specific gold bars with the speed and mobility of a digital asset. Customers are able to have fractional ownership of physical bars. On the Paxos platform, customers can convert their tokens to allocated gold, unallocated gold, or fiat currency (and vice versa) quickly and efficiently, reducing their exposure to settlement risk. PAXG is also available for trading on Paxos’ itBit exchange. PAXG will also be available on other crypto-asset exchanges, wallets, lending platforms and elsewhere within the crypto ecosystem. At any time, PAXG holders can lookup the serial number, value and physical characteristics of their vaulted gold just by entering their Ethereum wallet address on the PAXG lookup tool on Paxos.com/paxgold.

SOURCE: COINGECKO

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