XinFin, a Singapore based company is prepared to launch XDC, the first currency to use hybrid blockchain protocol architecture for enterprise adoption in global trade and finance market. It’s a combination of the best public and private blockchain when it comes to delivering the best experience to its users.
It is an ERC20 based utility token which works on the Ethereum ecosystem. The company states on its website that;
“XinFin-Hybrid Blockchain will provide more flexibility, faster transaction time, security, auditability and simplicity features as compared to any other popular blockchain network.”
The company raised USD 1.5 million in a private sale in July-August 2017 and used these funds to develop its hybrid blockchain technology and tradefinex.org, an app used in transactions of the coin. To reduce the amount of power consumed by XDC the company also gives importance to “proof of authority”.
Youtube Link: https://www.youtube.com/watch?v=K-tHZkV6zAs
Telegram Account: https://t.me/xinfintalk
Token Page: www.xinfin.io
Main Website: www.xinfin.org
XinFin, in order to be truly decentralized and have more number of stakeholders, plans to restrict or contain the number of tokens that a particular individual or group can have at a given time.
Alex Mathbeck Marketing Head in Xinfin said that;
The major hurdles for mainstream adoption of Blockchain ecosystem is the power intensive mining process, highly congested trust less networks, security and scalability. The XDC protocol is designed considering real world applications in global trade and finance. It has also been designed to make sure the enterprises that work with XDC protocol can work with full regulatory compliance.”
Xinfin also has its own E-wallet with which users can send or receive XDC tokens.
Matt Norman, an ICO investor and a Financial Advisor from London, says,
“I have been following Xinfin’s project since October last year and I think they have good tech backed by great philosophy. This is something a lot of investors have been talking about.”
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