Pak Coin First Digital Crypto Currency Pakistan Update: You might have heard of Bitcoin, a digital currency or a “crypto currency” that exists as a kind of payment system over the internet. Transactions take place between users directly without the help of an outside intermediary. It has no physical existence and it is not printed like the cash we use. Recently, the value of one bitcoin surpassed the value of one ounce of gold. Though popular in western countries, the use of digital currency is negligible in Pakistan.
Image Credit: Click Here
Pak Coin! What is it?
Based on Litecoin, Pak Coin First Digital Crypto Currency Pakistan is a Pakistan-based digital currency and is open to both local and international users. Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities.
Pak Coin First Digital Crypto Currency Pakistan offers instant transactions with nearly impossible risk of fraud due to the unbreakable security of crypto currencies. You can create Pak Coins through a process called Mining. In normal money system, governments print money when it is needed but in bitcoin system bitcoins are mined. Pak Coin has a total capacity of mining 182 Million Pak Coins (PAK)— 10% of which has been pre-mined. 150,000 Pakistanis will receive 50 Pak Coins for free. The current buying rate of 1 Pak Coin is 0.103 PKR while selling rate is 0.114 PKR.
Abid Hospital Asia’s first hospital to accept crypto currency
Image Credit: Click Here
Abid Hospital, located in Blue Area Islamabad, is accepting Pak Coin First Digital Crypto Currency Pakistan as an alternative to cash. Moreover, they are also offering a decent 20% discount for anyone paying with Pak Coin. They shared this news on their Facebook page as well.
Inaugurated in January 2015, Abid Hospital is a multidisciplinary hospital equipped with the latest technology providing patient care 24/7 including limited emergencies. Currently, they offer 50% discount for OPD and Lab, 20% for IPD, to Islamabad Police and Islamabad Traffic Police as well.
Watch the video of of this breaking news below:
Video Credit: Click Here
They provide charity based health facilities up to limited extent for deserving patients.
Following companies are also on their services panel:
- ZTBL (Zeri Taraqiyati Bank Limited)
- EFU (Allianz)
- PEC (Pakistan Engineering Council)
Article Reference: Click Here
Aricle Reference: Click Here