Beldex (BDX)

Privacy and Transactions

Beldex is mainly used for private and anonymous transactions. It hides details like sender, receiver, and amount, so users can keep their financial information confidential.

Decentralized Applications (DApps)

Beldex supports privacy-focused DApps such as private messaging, an onion-routing VPN service, and an ad-free browser with integrated decentralized VPN (dVPN).

Staking and Rewards

Users can stake Beldex tokens to help validate transactions on the network and earn rewards in return.

Trading and Fees

Beldex tokens can be traded on various exchanges and used to pay trading fees, often with discounts.

Cross-Chain and Supply Chain

Beldex’s technology is also used in supply chain finance to verify logistics data and in cross-chain interoperability to connect different blockchains securely.

AI and Data Security

Beldex integrates advanced encryption and AI to protect sensitive data in areas like healthcare and identity verification.

Privacy and Security

Beldex uses advanced privacy features like ring signatures, stealth addresses, and RingCT to keep transactions anonymous. It supports private messaging and browsing, making it strong on user privacy.

Technology and Features

Beldex runs on a dual blockchain system and uses proof-of-stake (PoS), allowing users to stake tokens for rewards. It supports masternodes, which help validate transactions and earn block rewards. The platform also offers a user-friendly exchange with low fees and trading tools.

Pros

• Strong privacy and anonymity for transactions
• Staking and masternode rewards available
• User-friendly exchange interface with good liquidity
• Progressive project adapting to new crypto trends
• Fee discounts when using Beldex tokens on the exchange

Cons

• Price volatility like many cryptocurrencies
• Some users report concerns about marketing practices
• Still growing, so less widely known compared to major coins
• Limited information on large-scale adoption or partnerships

Use Cases

Beldex tokens can be used for private transactions, paying exchange fees, staking, and running masternodes, making it versatile within its ecosystem.

Founders of Beldex

• Afanddy B. Hushni is the founder and chairman of Beldex. He has over 20 years of experience in traditional finance and investments.
• Kim Beldex is the co-founder and CEO of Beldex. She has extensive experience in privacy systems and cryptographic protocols.

Investors in Beldex

Beldex has raised a total of $28 million from 2 main institutional investors: Block Alpha and DWF Labs. These investors support Beldex's development of privacy-focused decentralized applications and its native privacy token, BDX.

Halal Status

Yes, Beldex is halal. It has obtained Shariah compliance certification, meaning it follows Islamic finance rules. This includes avoiding interest (riba), gambling (maysir), and unethical services, making it suitable for Muslim users.