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NEW YORK, NY, January 19, 2022 /24-7PressRelease/ -- PAC Global Holdings LLC, the operator of the world's largest decentralized data blockchain network, announces their PACapp Mobile Wallet has been updated for improved digital asset support. PACapp, originally released in February 2020, reached a milestone of over 100,000 transactions in 2021. The FREE product continues to grow with the increased customer demand for mobile wallet products as crypto and metaverse activity trends upward.
One of the key benefits of the PACapp is the ability to perform instant transactions in 2 seconds or less. The decentralized PAC Protocol Network of Masternodes enables frictionless transfers worldwide, making them faster, safer, and cheaper than many competitors in the space, where transactions may take hours to clear.
Because PACapp is supported by PAC Protocol Masternodes running a live copy of the blockchain 24/7, it allows for certain functions to be carried out on a second layer solution of decentralized VPS servers. Masternodes form what are called Masternode quorums to help validate transfers that occur on the blockchain. These real-time Masternodes provide instant transactions, a secure network, and safely fragmented data storage capacity. This digital network connects business enterprise, merchants, and consumers with a fast, secure, and more cost-effective way to send digital transfers globally.
Additionally, PACapp offers a revolutionary way to send and receive tokens via "$PACTag," the industry's first and only way to send and receive digital assets and currencies using an immutable user ID. This eliminates long and confusing wallet addresses and helps pave the way for daily use adoption with a simple and easy way to transact.
PACapp is the Breathtakingly Safe, Free to Use, and Easy Way to Transact with your Digital Assets.
For further information on PAC Protocol, PACapp and to download the PACapp Wallet, visit: https://pacprotocol.com/network-product/pacapp
PAC Global Holdings, LLC (PAC) based in the US, is focused exclusively on providing next-generation blockchain network solutions to solve real-world problems. It is currently the largest Masternode network in the world focused on data storage, and its network has points of presence in nearly 30 countries. The network is based on the energy-efficient Proof of Stake (PoS) algorithm, which greatly reduces our overall carbon footprint. For more information about PAC Protocol, or if you are interested in partnering with us for decentralized storage, please visit us at @PACcoinOfficial on Twitter, or visit our website at www.pacglobal.io
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