DecentralandPanXchange Secures Funding From HBAR Foundation, Integrates With the Hedera Blockchain For Audit Transparency
YAHOO!Finance
•21 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
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PanXchange, a blockchain-based commodity trading platform, has secured funding from the HBAR Foundation, a non-profit organization dedicated to supporting open source, distributed ledger and blockchain technologies. This funding will be used to further develop PanXchange's platform and integrate it with Hedera Hashgraph, a distributed ledger technology that offers its users secure and transparent transaction auditing. This integration will provide PanXchange users with additional assurance that their transactions are being securely and transparently tracked on the Hedera network.
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Frequently asked questions
What is the purpose of PanXchange securing funding from the HBAR Foundation?
The purpose of PanXchange securing funding from the HBAR Foundation is to enable the development of a secure, transparent, and reliable trading platform for commodities and derivatives.
How will PanXchange integrate with the Hedera blockchain?
PanXchange will integrate with the Hedera blockchain to provide an auditable and immutable record of transactions. This will ensure that all transactions are securely recorded and traceable.
What benefits will the integration of the Hedera blockchain bring to PanXchange?
The integration of the Hedera blockchain will bring a number of benefits to PanXchange. These include increased security, auditability, and traceability of transactions. It will also provide greater transparency and trust for users of the platform.
Why is audit transparency important for PanXchange?
Audit transparency is important for PanXchange because it provides users with assurance that all transactions are securely recorded and traceable. This helps to instill trust in the platform and ensure that transactions are conducted in a fair and secure manner.
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