DecentralandPanXchange Secures Funding From HBAR Foundation, Integrates With the Hedera Blockchain For Audit Transparency
YAHOO!Finance
•9 days ago
PanXchange, an environmentally aligned and vertically integrated carbon exchange marketplace, has secured funding from the HBAR Foundation to support its transparency goals. The funding from the HBAR
Trained AI Editor
PanXchange, an AI-driven platform for over-the-counter (OTC) trading of commodities, recently announced that it has secured funding from the Hedera Hashgraph (HBAR) Foundation in order to further its integration with the Hedera blockchain. The integration is intended to provide the platform with greater audit transparency for its users, and follows the company's successful $3.2M seed funding round earlier this year. According to PanXchange, the Hedera blockchain will provide “highly secure and resilient smart contracts,” allowing the platform to scale its operations more efficiently and securely. As a result, the platform will be able to provide its users with improved transaction tracking and auditing capabilities.
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Frequently asked questions
What is PanXchange?
PanXchange is a commodities trading platform that enables buyers and sellers to find and transact securely in real-time.
How has PanXchange secured funding?
PanXchange has secured funding from the HBAR Foundation, a non-profit organization dedicated to supporting and promoting decentralized technologies.
What benefits will the integration with the Hedera blockchain bring to PanXchange?
The integration with the Hedera blockchain will bring improved audit transparency and trust to PanXchange's platform, allowing users to view and verify transaction histories.
How will this funding be used?
The funding from the HBAR Foundation will be used to further develop and expand PanXchange's platform, with a focus on improving scalability, efficiency, and trust.
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