Tierion TNT to PAX Gold PAXG Exchange

Crypto Pair Details: TNT to PAXG

Tierion TNT

Tierion is launching a universal platform for data verification that operates at massive scale. Businesses safeguard and notarize important documents such as property titles and contracts to ensure anyone can prove their veracity. Surprisingly, there isn’t a universal equivalent for safeguarding digital data. Companies in healthcare, insurance, and financial services are trusted with safeguarding huge volumes of critical data. Proving the authenticity of information within these industries is currently cumbersome, expensive, and in many cases impossible.

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

instantcryptocurrencyexchange Statistics

Instant Cryptocurrency Exchange Platform