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Paxos Demo - Technical Briefing @ V-Sum_Two

79 views | 25 Nov. 2020

Paxos is a regulated

Paxos is a regulated financial institution building infrastructure to enable movement between physical and digital assets.

Paxos - https://www.paxos.com/

by Zach Kwartler - https://twitter.com/zachkwartler

@ https://v-sum.com/two/

Overview of briefing

00:00 – 2:25

Zach Kwartler oversees the cash and crypto business lines at Paxos. Paxos provides API-based solutions to help mainstream financial firms launch their own branded digital dollar or integrate crypto trading into their applications. Over the next two decades, there’s going to be a massive migration where the majority of the world assets will be moved from closed ledgers to public blockchains. Companies will need a regulated custodial platform to partner with in order for companies to take advantage of that evolution.

Something that is different about the Paxos approach is that the company is tokenizing and mobilizing assets cryptocurrency, cash, commodities, and securities. This enables Paxos to be a one stop shop for companies needing to store these assets. Zach walked through an example of Ben sending $1M dollars to Paxos. That could be done via wire, ACH, or Silvergate. Paxos would take those assets, mint them as US dollar backed tokens or stable coins onto the Ethereum blockchain. They could then be sent to anyone all over the world, or held and redeemed at a later point in time.

2:25 – 4:15

Front end UI demonstration of how Paxos is powering the most recent Paypal offering which allows end users to purchase cryptocurrency. The Paypal offering allows end users to see the current price of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

After viewing the price, an end user can instantly purchase a cryptocurrency in the Paypal application powered by Paxos. This allows Paypal users to buy Bitcoin or other cryptocurrencies while leveraging the Paxos infrastructure that handles the trades and underlying management of the cryptocurrency purchase.

4:15 – 7:00

Demonstration of the API calls that Paypal or any other partner would make to Paxos to show end users price and support a cryptocurrency purchase.

A postman library was used to demonstrate historical price charts, the buy and sell prices, and the purchase of the bitcoin to be executed via the API. The workflow ends with a purchase, price paid, and confirmation.

7:00 – 9:30

Zach from Paxos switched over to the Paxos treasury offering administration that supports the Paypal cryptocurrency offering. The process is used to facilitate the settlement between multiple cryptocurrency blockchains where Paxos is holding or tokenizing assets and Fiat currencies.

This is an important part of demonstrating how Paxos backs every tokenized asset on the blockchains it supports. The trading workflows and additional testing can be done for free in the Paxos Sandbox.

Paxos

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CEO Charles Cascarilla - About Paxos, our products, our values and what we look for in team members

2 443 views | 6 Mar. 2019

Paxos

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Paxos Antipaxos, Greece 4K Drone

32 892 views | 14 Jul. 2019

Paxos Antipaxos Islands,

Paxos Antipaxos Islands, Greece 4K Drone

#Paxos #Antipaxos #Drone

Filmed by drone 4k resolution in Paxos (Paxoi) and Antipaxos (Antipaxoi) islands, Ionian Sea, Greece, two of the very popular summer destinations and close to Corfu island.

In this video you can see 4k drone views of beautiful Voutumi beach, Antipaxos island and Blue Caves (marine caves) and Gaios harbour, Paxos island.

You can discover these jewels of the Ionian Sea on a day boat cruise from Corfu to the islands of Paxos and Antipaxos.

Music: One Day In Paradise by Erik Lund @erik-lund-18

Music provided by Free Music for Vlogs youtu.be/qlpZEPev33k

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Instagram: https://www.instagram.com/bearscratchproduction/

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Thanks for watching. Do not forget to comment, like and subscribe.

TRIPATRICKS | Adventure Greece

Good morning,

Have a nice week, month and a wonderful summer!!!

We would like to welcome you to our Facebook Group:


"Greece all about holidays"


where we people will potentially share some valuable information from your website :)


On our Facebook Group we are implementing an interactive project, as all our members will start participating in reviewing all the areas of Greece. They will all share their material and their knowledge.

In that way, the group will collect useful info for future travellers.

If you are interested or any of your friends might be, then you are more than welcome to join and share the fun



Have a great day, and greatest month and an amazing summer :)

Aliaksandr Anikovich

ooo / This is a big Dream!!!

Petr Bacak

Jedna z nejkrasnejsi plazi Recka. Byly jsme tam na vylete z Pargy?

ethannf502

This is so cool!
This is beautiful

Bear Scratch Production

Thanks for watching. Do not forget to comment, like and subscribe.

Kiz

I've been there exactly one week ago, it's a thrill to see it in a video like this. Thanks for posting.

Penny Lane

I. Love. Greece. Greetings from Argentina

Mike Potts

Alphabetty Spaghetti that's cool!

Tudor Wyn Phillips

Fabulous video, wonderful scenery. Many thanks ? And greetings from North Wales

Penny Lane

GREECE IS ALL BEAUTIFUL, GREETINGS, FROM ARGENTINA