GOOD NEWS : PiBridge is officially licensed to operate in Vietnam - hokanews

 

GOOD NEWS : PiBridge is officially licensed to operate in Vietnam - hokanews

hokanews.com - PiBridge: An Integrated Application to Expand the Pi Ecosystem

PiBridge is an application built by the Pi Network community and is an integrated platform for extending the Pi ecosystem. This application allows Pi Network users to make transactions outside of the Pi network, such as trading Pi with other cryptocurrencies and using Pi to pay for products and services at online shops that already work with PiBridge.

Within the PiBridge app, users can lock their Pi to get PinUSD credits, which can be used to trade other cryptocurrencies or buy products and services at online shops that work with PiBridge. Apart from that, users can also trade Pi with other cryptocurrencies such as Bitcoin and Ethereum within the app.

PiBridge also provides collaboration features with third-party platforms, so users can use their Pi in other applications. In this case, the PiBridge functions as a gateway to connect the Pi ecosystem with other applications and platforms outside the Pi network.

Recently, however, piBridge has been shocked by a post shared by one of the pi network community accounts on Twitter, which piBridge officially has a license to operate in Vietnam.

Monitoring hokanews.com from one of the pi network community accounts on Twitter, the posts shared by the pi network community account are very clear, he conveys the following:

@PiBridgeOrg

 officially has a license to operate in Vietnam. We have a local legal team and are committed to a healthy business environment. If you ask Pibridge is it legal or not? This is the most suitable answer! 

@BSCNews

 

@Pi_NewsG

   hokanews.com does not publish articles without sources, for more details see the image below:

Twitter image source

Posts shared by the oi network community account are also commented on by the official PiBridge account which states like this: 

Thank you very much for spread this news! 

Twitter image source

The hokanews.com team tried to confirm to VictorNguyen as the founder or CEO of piBridger to make sure this was set up. And the CEO of piBridger also conveyed to the hokanews team that this had really happened and victorNgyuyen also shared a website link that leads to the official website of the Department of Trade and Industry Vietnamese Industry.

and the CEO of PiBridger also didn't forget to share one of the screenshots showing the PiBridge name looks very clear on the web page.

For more details, see the image below.

 

The website shared by VictorNguyen with the hokanews.com team is as follows: https://dichvuthongtin.dkkd.gov.vn/

After hokanews.com has explored more deeply what is meant by the website, we can inform you as follows:

the official website of the Ministry of Trade and Industry of Vietnam, which provides information services about companies registered in Vietnam. This website provides access to a Vietnamese company database and provides public information about companies, including basic company data such as company name, business number, address and proprietary information.

How PiBridge Works

Within the PiBridge app, users can lock up their Pi to get credit for PinUSD, which is a United States dollar-backed stablecoin. PinUSD credit can be used to trade other cryptocurrencies or buy products and services in online shops that work with PiBridge. Apart from that, users can also trade Pi with other cryptocurrencies such as Bitcoin and Ethereum within the app.

PiBridge also provides collaboration features with third-party platforms, so users can use their Pi in other applications. In this case, the PiBridge functions as a gateway to connect the Pi ecosystem with other applications and platforms outside the Pi network.

 Risks and Cautions

Keep in mind that PiBridge is not an official application from the Pi Network development team, it is developed by the Pi Network community. Therefore, users must remain vigilant and careful in using this application, and always do research before making any transactions in it. Apart from that, users should also ensure that they understand the risks associated with locking up their Pi in order to get PinUSD credits.

Conclusion

With the arrival of the PiBridge app, the Pi ecosystem is growing and providing more opportunities for users to expand their Pi usage beyond the Pi network. However, users should still be careful and do some research before using these apps to minimize the associated risks.

What is Pi Network?

Pi Network is a new cryptocurrency and developer platform that allows mobile users to mine Pi coins without draining device battery. The Pi blockchain secures economic transactions through a mobile meritocracy system and a complete Web3 experience where community developers can build decentralized applications (dApps) for millions of users.

That's a little information that we can share with all the pi network communities.  

Hopefully this is useful, keep the spirit, don't give up.

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Thanks to all the pioneers, warm greetings from the hokanews team.  Information from the pi network community for all pioneers