What is PaulCoin (Is Paul Wallet a brand?)

What is PaulCoin? PaulCoin (BTR for short) is a digital currency created by Peter Szilagyi, a Bitcoin technology enthusiast and cryptographer from the United States. The project is a new type of digital currency called PaulCoin, researched by a team of encryption experts. According to reports, about 60% of the network is currently developed using PaulCoin, and most networks operate on the Ethereum blockchain.

PaulCoin can be used for various purposes, including payment transaction fees, privacy protection, mortgage and loans, and insurance.

PaulCoin is a decentralized asset exchange protocol that aims to provide participants with a secure and transparent environment to access their funds. Paul tokens are described as “digital gold” because their supply is pegged to the US dollar. Due to the completely different characteristics and features of PaulCoin, “Paul” is a single unit, namely Paul. It also provides various types of services. For example, by distributing Paul tokens as its value storage method, Paul can convert them into other stable cryptographic tokens and maintain their security and liquidity for all investors.

Is Paul Wallet a brand?

Today, Zhang Lei, the person in charge of Paul Wallet, said on Weibo: “I asked Paul before why he didn’t issue coins. Because this has something to do with our company. Is Paul Wallet a brand?” This question is not well understood by many people.

According to official information, on June 30, 2017, MassMutual, a well-known American internet company, and blockchain payment service provider PayU reached a cooperation to launch the cryptocurrency custodial platform Paxos Trust Company, and provide customers with services such as secure storage, transfer, and trading of digital assets through Paxos Trust Company. The two parties will bring users comprehensive financial solutions for Bitcoin and Ethereum.