Review on Adaigi by Pedro O. Alvino M.
Decentralized payment network in PAK currency
Developed in Pakistan, it is constituted of a payment platform intended for business use, so that the features they include are open source and are not exercised by a central governance, in addition to having their own blockchain, transactions usually take time less than a minute with a very low cost per network fee.
Merchants and entrepreneurs will be able to download the wallet both in the desktop version and for iOS devices that allows both the purchase of PAK currency and the deposit of it in the bank account given the conversion and value in Fiat currency that it integrates in its system, also allows the withdrawal of assets through Adv Cash & Perfect Money.
The current problem with this type of project based on an open source payment network is that pioneers such as Bitcoin and Tether have dominated the market and established themselves as a payment currency on a global level, so that the other projects a minimum of attention is left from paid projects like Adaigi.
Pros
- Designed as a decentralized business payment system.
- It has several modes of account management at the enterprise level.
- Establishes Fiat currency conversions with deposits in bank accounts.
- Provides the facility to withdraw in PAK with currency in Fiat in Adv Cash & Perfect Money
- The network mining requirement consists of very few requirements.
Cons
- There is already a great diversity of projects constituted as a payment platform.
- Mining on PAK is not profitable given the block reward and coin price.
