Whitepaper

Glossary / Definitions

Introduction

Cryptocurrency payments

A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another… [1]

Satoshi Nakomoto started Bitcoin whitepaper with these exact same words! Today so many cryptocurrency wallets available to seamlessly make cryptocurrency payments. With the benefits of low-cost payments, super fast settlements (at least in terms of B2B payments), and stable-coin options, the mass institutional adoption of crypto payment is on the verge.

Post-dated crypto payments

Institutions use a variety of payment methods viz., spot payment, payment on credit, post-dated cheque payment, L/C, etc., Post-dated payment is a preferred mode of payment for so many companies (& in particular SMEs) across the world. While the crypto spot payment can be easily carried out by wallets like Metamask, Coinbase wallets, amongst others, scheduling a post-dated crypto payment requires a certain IT infrastructure viz., running a CRON job.

PDC Finance - What it solves?

PDC Finance abstracts away the requirement of maintaining a cumbersome IT infrastructure, leverages Gelato decentralized bots and provides a decentralized platform for institutions to make fully decentralized post-dated crypto payment.