Review on Red Pulse Phoenix by francis fernandez
Red Pulse Phoenix: An Informational Blockchain Channel for Financial Decision Making
Red Pulse Phoenix is a platform powered by the PHX digital asset, a token that is hosted on the NEO blockchain. This token replaces the initial cryptocurrency known by its acronym RPX. Its launch was carried out with the support of an ICO on October 2017.
The PHX token has a maximum supply of 1 billion PHX.
The platform is defined as an intelligent information portal for managing Asian financial markets, offering its followers a source of knowledge for effective economic decision-making.
Technology:
The network uses smart contract technology in the infrastructure of its upgraded PHX token to bring you IP security, proof of creation, proof of ownership, compliance and accountability to them.
It also includes database technology and expert advice for generating information in its infrastructure.
The project has a range of protocols to build a decentralized and open market information ecosystem under development:
• Proof of creation
• Proof of ownership
• Regulatore compliance
• IP Protection
• Accountability
Utilities:
Red Pulse Phoenix allows:
• The holder of a token portfolio can obtain rewards for the permanence of their funds on the platform by executing asset betting operations. Assets can be created or deposited into the account for staking. Prior to betting, the conversion from PHX to PHF must be made.
• Offers financial market information to Asian users and in general for decision making.
Pros
- Allows you to place bets or staking assets
- It is a portal for financial information on markets useful for decision-making.
- The network uses smart contract technology in the infrastructure
Cons
- It currently has a very low and variable value.
- It is only listed on 9 markets.
