Nov 4, 2017NEW KIDS ON THE BLOCKCHAIN: PIVX cryptocurrency accepted into the ALPHA STARTUP Program at WEB SUMMIT 2017

November 2, 2017 (LISBON, Portugal) – Cryptocurrency PIVX (Private Instant Verified Transaction) has been selected to represent among the best in the (financial) technology world at Web Summit 2017 and will be exhibiting at stand number A712 in the Fintech Exhibition Area on Wednesday, November 8.

While at the conference, taking place November 6 to 9 in Lisbon, the PIVX team plan to connect with several security and tech companies including an introduction to the US embassy in Portugal.

“Cryptocurrencies are gaining mass appeal with individuals and companies looking for a more efficient, private and cost-effective way to send and receive funds,” said Bryan Doreian, PIVX Community Sherpa and marketing team member. “Our technology is opening doors that will reevaluate the way businesses are designed, operate and function.”

One of the newest alternative coins on the market, PIVX has seen a 69,500% increase from their lowest point to all-time-high; an increase from 0.006 cents USD to $4.17 USD in a record-breaking 8 months. This year, they are making crypto history as the first Proof of Stake digital currency to successfully implement Zerocoin, a well-known, highly-vetted privacy protocol that allows blockchain-level transaction anonymity by unhinging user identity from the asset transaction. The combination of transaction privacy with their efficient distributed consensus algorithm (Proof of Stake) makes it one of the top Privacy coins in the market.

“We’re honored to be a part of this monumental conference,” said Doreian. “We’ll be available to chat with anyone who is curious about this emerging industry, and explain some of the features and benefits of PIVX.”

PIVX’s aim is to become the most up to date and technically advanced Proof of Stake cryptocurrency used worldwide; fast, secure, decentralized and private.

Also leading in innovation is their unique governance systems; by enlisting community members to create a system of governance and security.  PIVX is moving away from the centralized method of traditional cryptos to a more cooperative structure, which helps cultivates a mindset of altruistic incentive and the greater good.

“Where other coins fall short is they simply swap out a government with an oligarchy,” said Doreian.  “Our goal is to maintain the ideals that Bitcoin founder, Satoshi Nakamoto, originally had in mind; this means giving power back to the people; for them to possess and manage their own money.”

Today PIVX sits at an average market capitalization of $200M and gaining momentum daily. Averaging 1.5-2 million per day in volume, it is now used in over 174 countries, with over 9000 members and a website to be translated into over 28 languages by 2018.  They see community and accessibility as key to their growth.