JDX Coin exists to monetize rare, White Jade Antiques that have been hidden from the world for over a century. The JDX Platform is a next-generation decentralized financial platform aimed at providing inclusive, fair and efficient financial services through the use of its native cryptocurrency, JDXCoin. JDXCoin allows users to send payments directly to another party without going through any financial institution. As an asset-backed token, JDXCoin will not suffer the same problems with volatility as other popular digital tokens. In line with JDX’s goal of creating an efficient, fair financial platform, cryptocurrency-based loans will eventually be implemented on the platform, allowing users to borrow funds and place an asset (a digital currency) as collateral. Originally, JDX will be the only coin able to be staked in order to receive loans, but the list of crypto assets which can be used as collateral will increase over time. Crypto-based loans are similar to traditional loans with a few major differences. Similar to traditional loans, the borrower receives money and places an asset as collateral. After the borrower agrees to the terms and conditions, the funds are released and the borrow will make regular interest payments. Due to JDX’s crypto-based loans being executed through smart contracts, the terms and conditions of the loans can vary based on preferences and certain factors such as market situation, amount of collateral, length of the loan, and more.