Cryptocurrency is still a very significant aspect of the global economy, the benefits that cryptocurrency brings cannot be overestimated, despite the limitations blockchain is currently facing, it is still witnessing growth although slow but steady. Blockchain could help change businesses, e-commerce and the entire global payment methods for good.
Over the past decade since the introduction of the blockchain, it has undergone a series of changes with newer additions.
uPlexa is a p2p payment system that is bringing a new addition to blockchain as well as the e-commerce industry. It hopes to achieve this by harnessing the power of IoT and anonymity.
uPlexa is creating its blockchain with the help of a more modified CryptoNight algorithm.
One feature that makes cryptocurrency better than fiat is anonymity and privacy. Despite this, most available cryptocurrencies have failed to attain 100% anonymity. But with uPlexa, users are guaranteed untraceable private transactions. This will bring anonymity to both internet and telecom service providers.
uPlexa will work hand-in-hand with IT and Telecom providers to make it possible. The project is also going to have a fully functional e-commerce platform where store owners and customers will enjoy anonymous transactions.
Features
The uPlexa is built in a way that it can accommodate lots of p2p transactions at a go, it is also designed to make mining with IoT devices more profitable than it currently is. Since there are currently over $20billion IoT device users, uPlexa will be accessible all over the world.
UPX Details
Token name: UPX
Current Price: USD 0.00019303
Market Cap: $245396.28088869608
Trading volume: $9,203.24
Circulating supply: 1.27 billion coins
Maximum supply: 10.5 billion coins
uPlexa is currently using a model called Near Zero Congestion Model; this model will help prevent congestion just like the one faced by Bitcoin in 2017 when it peaked and had overwhelming adoption.
Visit the links below for more information
Ann Thread: https://bitcointalk.org/index.php?topic=5058404
Website: https://uplexa.com/
White Paper: https://uplexa.com/content/uPlexa-Whitepaper-EN.pdf
https://twitter.com/uplexacoin
Bitcointalk Username: Olamidey
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1168937
