Remme REM to PAX Gold PAXG Exchange

Crypto Pair Details: REM to PAXG

Remme REM

'Remme is an ecosystem of Identity and Access Management products with a digital key at its heart. Founded in 2015, Remme is building the decentralized Public Key Infrastructure protocol and PKI-enabled apps to address the challenges of Web 3.0. Remme Protocol aims to become the next-generation blockchain-based PKI alternative. It is open-source and customizable to suit business needs. Remme Protocol provides a basis for establishing self-sovereign and authority-issued identities, with a host of use cases. Remme Auth is a 2-click authentication solution that allows users to securely access a website without passwords. Instead, the solution uses Web Cryptography API and blockchain technology. With the Protocol being built on EOSIO codebase, REMChain is an independent blockchain fueled by the REM token. REM is an ERC-20 token on Ethereum with the permanent possibility to swap it to REMChain native tokens in both directions.'

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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