Abstract
Pakcoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Pakcoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Pakcoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. Its primary focus is on Pakistani users within and outside Pakistan, International users are welcome and can participate in its mining, trading or holding for long term.