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Messages - NadarSuresh

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PLI Blockathon is PAN India hackathon, inviting participants across the nation.It is being organized by Suvik Group of Companies headquartered in the United Arab Emirates who have built a Blockchain Powered Product "Plugin",a Decentralized Oracle Network on XDC Network.
Objective of this hackathon is to invite all the blockchain enthusiasts, experts in the field to develop decentralized applications on XDC Network.
If you are a developer, from any technology and aspire to innovate in blockchain space, this Hackathon is for you!. Bring out your potential. You can register for this hackathon as an individual, or as a Team.
By organizing PLI Blockathon India '22, Plugin, a part of XDC network, aims to create unique opportunities for IT Developers, across the globe, who intend to convert their Dreams into Reality.
By joining developers, entrepreneurs, students, young professionals and blockchain enthusiasts you'll get the chance to explore the true power of competition and decentralized platforms.[size=inherit]Win prizes worth a total of INR 8,50,000 in XDC Tokens.
[/size]
  • [size=inherit]Try out Blockchain-Technology and solve real-world problems[/size]
  • [size=inherit]Receive a Certificate of Participation and token of appreciation in PLI tokens[/size]
  • [size=inherit]Networking - Meet & Greet[/size]
  • [size=inherit]Experienced mentors that will help building the idea[/size]
  • [size=inherit]Innovative Sponsors, new partners or clients[/size]
  • [size=inherit]Other highly engaged participants[/size]
  • [size=inherit]Transfer your knowledge into practice[/size]
  • [size=inherit]Have fun with your team, our community and everyone else[/size]
  • [size=inherit]Don't miss this special event and be part of the decentralized future![/size]
[size=inherit]Website: PLI Blockathon - 2022, Powered by PLI & XDC (goplugin.co)

[/size]

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$XDC can be traded with US Dollars (XDC/USD) and Tether tokens (XDC/USDt) on #Bitfinex from 19/11/20 at 11:00 AM UTC. Deposits are open as of 16/11/20 at 10:00 AM UTC.[/size]Link: https://www.bitfinex.com/posts/559



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What is a stand-by Node or backup Node?
A standby node is a type of node, which exists mainly to replace a permanent node when it fails. That is why; it is also termed as a back-up Node. It does not contain any data or performs any computations. However, when it takes the place of a failed node, it contains all its projects and performs all computations of the replaced node.


What is the Purpose of the Stand-by Node or Backup?
Stand-by Node keeps a check on traffic inflow so that it can automatically take over when the active node fails. Thus, it makes the Blockchain Network more robust and stable. If any Master node / Validators nodes resign or go out of the network, then Standby Node becomes a master node and starts participating to write the Network Transaction.


Master node vs Stand-by Node.
The key differences between a master node and a stand-by node:



Differences between a master node and a stand-by node.
Setting up a Stand-by Node with XinFin MainNet in 8 Simple Steps.
XinFin Nework’s architecture is based on a system of 108 Masternodes with XinFin Delegated Proof of stake (XDPoS) protocol wherein smart contracts can run effectively in 2 second transaction confirmation time. Any number beyond and above 108 is considered a Standby Node or Backup node.


A step-by-step guide to Setup a Stand-by Node with XinFin MainNet in 8 Simple Steps.
Step 1: Download the Stand-by Node installer by downloading from the One-Click Installer tab of https://xinfin.org/setup-masternode.php. Select the option as per your system’s operating system.
Alternatively, you can also download it using a Docker Compose file.



Step 2: Once the same is downloaded, run the same on the server. Continue to complete the installation process.



On the successful installation of the same, you will get the [censored] address as shown below.



Step 3: View the active node by clicking on the network stats tab



Step 4: Create a new account address from the XinFin wallet. The new address would contain the balance required to propose the Stand-by Node.



Step 5: LogIn to the Stand-by Node app using the private key.



Step 6: Once you become a candidate, upload your Know Your Community (KYC) certificate in PDF format.
This KYC certificate needs to be certified and signed by anyone of the following personnel:
Company Secretary,
A Notary Public,
Chartered Secretary,
Consulate, or
A lawyer with Seal.
Click here to get the KYC format for individual candidates.
Click here to get the KYC format for body corporates or organizations.





Step 7: Once the KYC is uploaded, enter the [censored] address and lock 10 million XDC tokens before running the Stand-by Node.



Step 8: The proposed node will be added to the Stand-by Node randomly through the Round-Robin method. On successful addition to the Standby Node, the reward will be sent to the assigned XinFin Wallet.



For Stand-by Node Setup FAQ, please read: GUIDE TO SET UP XINFIN MASTER NODE. Also check the Bounty page for Updated Bounty for the latest bounty offer for the community: https://xinfin.org/bounty.php


For how to file Click Here.


Watch the video to Setup XinFin Masternode with a One-Click installer


Live Stand-by Node Setup Support
Join us at our Telegram Development Community.
Or
Talk to our team at the Slack Public Channel.


We always love to hear from our community members. Feel free to drop us a line or share feedback at any of our community channels.


Steps to Resign the backup Node / Stand-By Node on the XinFin network.


About XinFin:
XinFin is an open-source enterprise-ready Hybrid Blockchain for Global Trade and Finance. It combines the power of Public and Private Blockchains with interoperable smart contracts and is fully EVM compatible. For more information on XinFin, please visit XinFin.org

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With alternative finance expanding rapidly — thanks to new originators and technologies entering the SME finance space — , there’s bound to be radical transformations in the market. As new SME financing platforms emerge, tokenisation and distributed finance (DeFi) will enable organizations to tap into new and unconventional liquidity sources — top among them, retail investors.



Replay webcast Tokenisation & Digital Assets 2 September 2020


Featured on World of Open Account’s (WOA’s) webcast is an example of a lending platform that can reshape the commercial financing industry. (WOA is a learning lab where new originators and inventors can showcase the capabilities of their commercial financing platforms).The webcast was Co-chaired by Andre Casterman and Erik Timmermans. Recently, Casterman joined XinFin Network’s advisory team.


Featuring Tradefinex and XDC, represented by the cofounders of the XinFin network — Atul Khekade and Ritesh Kakkad, the webcast goes into the nitty-gritty of how the XinFin network will reshape the Tradefinane space and benefit Medium and Small Enterprises(MSMEs).


Top on the webcast’s agenda were:
* An introduction to tokenisation and digital assets with regards to the XinFin platform.
* Xinfin tokenization for alternative or unconventional lenders
* Demos on the XinFin platform — invoice factoring using QuickBooks and Xinfin’s liquidity aggregator.
* A brief Q&A session to explain further workings of the alternative financing platform.




Tokenisation, Digital Assets, and XinFin Network


On the webcast, XinFin’s co-founder explains that the Xinfin is a liquidity network that allows MSMEs and financial originators to access decentralized liquidity pools.


At the same time, the webcast expounds on what drives liquidity in the trade finance market. Invoices play an important role in driving liquidity in the supply chain. With more than 36 billion invoices sent between MSMEs and other corporations, invoices play an important role in the transfer of liquidity within the trade finance space. What’s more, the webcast highlights the role of bills of exchange or drafts and letters of credit in driving liquidity within the global supply chain. Notably, letters of credit account for more than USD 17billion of the global trade value. (The total value of global trade is roughly USD 17 trillion, much of which comes from the global banking market).


Whilst banks have attempted to meet the demand for liquidity in the global trade finance market, Xinfin’s cofounder pointed out that there’s still a need to fill the gaps therein via alternative financing. As more jurisdictions implement regulations that guide and categorize alternative investment, the alternative asset investor category is growing by the day.


With XinFin’s network, alternative investors in the global supply chain can prove that they are accredited Know Your Customer (KYC) investors. (The objective of KYC checks and guidelines is to prevent the misuse of financial organizations by criminal elements involved in money laundering activities). As highlighted in the webcast, proving that investors are KYC accredited happens by verifying an investor’s XDC net worth via a KYC regulated custodian on the XinFin Network. Once verified, alternative asset investors can seamlessly declare their net worth, regardless of jurisdiction.


Here’s a snapshot of a KYC accredited investor’s net worth on the XinFin network



The benefits that XDC’s asset verification process avails are: a seamless verification of an alternative investor’s net worth; increased liquidity within the global trade finance market — since virtual assets are easily converted into cash as compared to assets in markets like real estate.




Tokenization


As explained in the webcast, tokenization is the process of converting an offline obligation into an online digital contract that’s transferrable digitally. On the XDC protocol, tokenization follows the English common law standard framework.


Backed up by a comprehensive framework, the XDC system allows offline signing of the documents by counterparties, who record an obligation for legal purposes. To clarify, counterparties can contest the obligations therein, in jurisdictions like Abu Dhabi and Singapore.


To understand the process of tokenization, the presenters highlighted invoice factoring using Quickbooks to show how invoices can be added to smart contracts on the TradeFinex platform. For a more detailed guide on invoice factoring using QuickBooks, here’s a short video.


With invoices and other trade instruments playing a role in the transfer of 17 trillion in the global finance trade, the digitization of offline obligations permits access to a variety of alternative asset investors. Thanks to a decentralized platform, the XDC protocol will avail the largest market infrastructure and liquidity source for enterprises in the global trade finance platform.


As the XDC protocol is accepted as a standard in the global trade space, more liquidity will be unlocked to maximize benefits accrued by MSMEs.




Unlocking Liquidity from Alternative Pools — Liquidity Market Aggregator


To enable originators/platforms to attract liquidity from a variety of asset investors, Tradefinex offers a liquidity market aggregator. The liquidity aggregator can connect with any Distributed Ledger or non-distributed ledger tech platform through a middleware.


Validus is one platform that connects with Tradefinex’s liquidity market aggregator. The platform offers a platform where originators can attract liquidity from alternative asset investors. Leveraging technology to cut costs of financial intermediation, Validus allows SMEs to reap the benefits associated with short and medium-term financing from alternate asset investors.


To highlight the potential of alternative asset investments to SMEs, Validus’ lending exceeds SGD$532,008,755, as of writing.




Interest Payment Via Tokens


On the Tradefinex platform, alternative investors have the option of receiving interest payments in currency or fiat form. Thanks to Tradefinex’s hybrid system, asset investors can receive payments directly into their wallets. Payments can be liquidated in any regulated exchange market, around the world.


Leveraging the versatility of the alternative investment markets and the ease of payment, the XDC network has 108 (+6 backup) XDC master nodes. Note; Master nodes are decentralized participants in the network. Large alternative investors like pension funds can run a master node, allowing them to unlock liquidity for the market.


Currently, the volume liquidated ranges between two and five million USD, daily.




Further Workings of Tradefinex’s Alternative Financing Platform (Q&A)


To ensure easy integration between legacy systems, the Xinfin network offers a robust middleware that allows organizations to connect with peer-to-peer lending platforms. Leveraging the versatility of middleware in the XDC platform, a wide array of origination mechanisms can plug into the XDC framework and participate in unlocking liquidity.


In regards to bearing risks — fraud, and insolvency — , the XDC framework permits originators to work with their desired risk profiles. What’s more, through credit delegation, third parties can lock an originator’s tokens to safeguard small scale alternative asset investors. For larger organizations, proper insurance mechanisms can be established to shield such entities from risks inherent to invoices.


Working with regulated global markets, investors can participate from different jurisdictions, seamlessly. With provisions like digital dispute resolutions at Abu Dhabi Global Market (ADGM), investors from all over the world can mitigate risks, safeguarding their investments in the alternative asset market.


For more insights, watch the full webcast here.

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The XinFin Hybrid blockchain network has shown tremendous growth since its launch in 2019. In the last 18 months, the XinFin Network Mainnet has added 19,411,041 blocks and added more than 120 Masternodes and Backup Nodes to support the smooth functioning of the network.


The XinFin Network has brought its community members a range of benefits such as smart contract support, near-zero gas fees, rapid transaction speed of fewer than two seconds, and also a reduction in energy consumption by 99% as compared to popular PoW networks.


Growing Demand for XDC
As the demand for XinFin Network grows and we onboard more community members, the usage of the XDC — the native coin of XinFin Network — is also seeing high demand and usage.


Since the launch, many industry players including exchanges, wallet providers, and custodians have partnered with us to integrate the XDC ecosystem or build applications on it. Other platforms such as Blockdegree, TradeFinex, and MyContract also progressed significantly and boosted the utility of the XDC.


On the other hand, there has been a recent spike in Ethereum gas fees, forcing exchanges to increase their gas fees for XDCE (ERC20 token). To help community members pay lower fees, these exchanges have also switched from XDCE to XDC. This shift has caused a high surge in the usage of XDC.


Burning XDCE Tokens
With XDC gaining more popularity among community members as compared to XDCE tokens, the XinFin community has decided to reduce the supply of XDCE tokens.


Hence, the network will burn 5 billion XDCE tokens taking the total supply of XDCE from 15 billion to 10 billion tokens. The community also plans to further reduce the supply of the XDCE tokens in the near future.


Users must, however, note that the swap between XDCE and XDC will be available only on Alphaex.net Exchange so that they may enjoy the utilities of the Ethereum network as well.


The XinFin team is also working on the automatic swap for XDCE and XDC.


People who are still confused with XDC and XDCE please watch the video:


We Are Open to Feedback
We believe that we can deliver the best of the XinFin network and the XDCE and XDC tokens to our users only when we know what our community members need. This is why we welcome feedback from our community members with open arms and work on them to make the network ready for the digitized future.


If you have any feedback to share or questions to ask, feel free to reach out to us on any of the below-mentioned places:
Twitter: @XinFin_Official
LinkedIn: https://www.linkedin.com/company/xinfin/
Telegram: https://t.me/xinfin
Slack: https://launchpass.com/xinfin-public

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Bitrue Cryptocurrency Wallet & Exchange lists XinFin’s mainnet coin XDC (XinFin Digital Contract) on 13 August 2020, at 4 PM (UTC+8).


Leading digital finance platform Bitrue to list XinFin’s mainnet coin XDC. The trading pairs XDC — XRP, XDC — USDT will be open for trading on 13 August 2020 at 4 PM (UTC+8) as per the announcement on twitter. Listing on the world-class exchange will help the institutions to easily access XinFin mainnet token and exploit its utility. Trading XRP, USDT against XDC will make the easy availability of XDC to a large cryptocurrency community fostered by Bitrue exchange.


The XinFin mainnet token XDC creates an opportunity to utilize XinFin’s real-world use-cases such as TradeFinex.org (ADGM Reg Lab Entity) that helps small/medium businesses or institutions originate their own financial requirements in a digital, fully structured manner so that they can distribute it to the bank or non-bank funders themselves using a common distribution standard. Mycontract.co, a middleware that connects any two centralized systems using decentralized APIs, is also running on XDC blockchain Network. And finally, Blockdegree.org, a decentralized app on XinFin XDC Network, is a peer to peer online education tool that lets students or anyone interested in learning new skills do so in a completely online environment. An immutable certificate stored and generated on the XDC Network after an online exam helps students share their skill set to the world and potential recruiters.


The XDC network enables various developer-friendly tools like the one-click installer, XinPay, Remix, and wallets, to help developers quickly deploy apps, Dapps, or a smart contract on the XDC blockchain network. It also encourages young developers to develop Dapps on the XinFin network by giving attractive bounties.


About Bitrue
Launched in July 2018, Bitrue is an XRP-centric financial services platform with support for trading, loans, and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. They have offices worldwide and continue to develop new features at a rapid speed to fully service the new wave of the digital economy.
For more information: www.bitrue.com


About XinFin’s XDC
XinFin is an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The Xinfin network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2seconds transaction time, KYC to Masternodes (Validator Nodes). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the intending to create a ‘highly-scalable, secure, permission, and commercial grade’ blockchain network. XinFin Network is Live and stable for the last 18months. More detail at www.XinFin.org

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XinFin Network mainnet coin XDC and ERC20 token XDCE create confusion between new community members. This guide will help to understand the difference between XDC and XDCE. Regularly few users send their XDC to XDCE wallet and vice versa, this article will help those users to recover the tokens that were sent to different wallets by mistake.


Differences between XDC and XDCE.
XDC (XinFin Digital Contracts) is a mainnet coin with a consensus algorithm of XinFin Delegated proof of stake (XDPoS). XinFin mainnet coin XDC was live on 1 June 2019 and acts as a settlement mechanism for DApps built on the XinFin Hybrid Blockchain. The XDC token address will start with xdc, for example, xdc0x167na90knnsjadbjkbj…
XinFin Network mainnet coins can be stored on various wallets such as XinFin Andriod Wallet, XinPay, Web wallet, Copper Custodian wallet, Guarda Wallet.


XDCE is an Ethereum token (ERC20) with a consensus algorithm of Proof of Work (POW) that gives the token holder flexibility to get benefit from the Ethereum Network’s various utilities DApps. XDCE is compatible with all decentralized exchanges and has a presence in liquidity markets and supports XDC liquidity. The token address of XDCE starts with 0x, for example, 0x12hgsjdkj45knjxb…


On the Ethereum network user always creates a wallet with Keystore or with mnemonic phase and stores their Eth or ERC-20 tokens on a wallet. XDCE can be stored on any ERC-20 Compatible wallet or hardware wallet. But it’s mandatory to take the back up of keys.


How to recover XDC that was sent to the ERC20 wallet?
If the user has sent their XDC token to any ERC-20 wallet address, it can be easily recovered. Users need to log in with the same Keystore, Privatekey or mnemonic phase to XinFin Original web wallet at https://wallet.xinfin.network after login with the ERC-20 keys user will find their XDC token on XinFin web wallet.


Users can also download a mobile wallet or extension wallet (XinPay) and log in with the ERC-20 keys and recover their XDC tokens.
Smart contracts deployed on the Ethereum network can be easily ported to XinFin Network. Bounty worth 10000 USD is applied to the users porting from Ethereum Network to XinFin Network.

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Decentralized cryptocurrency wallet, Guarda announced the listing of XinFin Mainnet coin XDC on 29 July 2020. XDC is live on the Guarda wallet’s Web, Desktop, and Chrome Extension platforms for now and Android, IOS will be supported in the future. Listing on Guarda wallet helps the user to store XDC on a new decentralized cryptocurrency wallet.


About Guarda
Guarda is a multi-cryptocurrency wallet that is available on the Web, Desktop (MacOS, Windows, Linux), Chrome Extension, and Mobile (IOS and Android) platforms and supports a load of cryptocurrencies. It also provides non-custodial services to let its users send, receive, or store crypto without registration. Presently, Guarda is supporting over 45 blockchains and 10,000 tokens that include, Bitcoin, Ripple, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, etc. Built-in services let users buy and exchange crypto without leaving the wallet.


About XDC
XinFin an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The XinFin network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2seconds transaction time, KYC to Masternodes (Validator Nodes). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the intending to create a ‘highly-scalable, secure, permission, and commercial grade’ blockchain network. More detail at XinFin.org

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XinFin Network - the digital asset infrastructure powering working capital platforms and financial institutions - announced today that it has secured ex-SWIFT Corporate & Trade head Andre Casterman as an advisor. Acting as a collaborative technology provider, XinFin brings tokenization technology to trade financiers, focusing on alternative lenders, SME market.
[/color]"There is a growing acceptance in the role that digital assets will play in the future digital economy. The most significant move is actually coming from the regulators themselves as some want to stay ahead of the curve and have therefore adapted their regulatory frameworks to support wider adoption of digital assets," said Atul Khekade, Co-Founder of XinFin Hybrid Blockchain Network.
[/color]He added: “We are delighted to welcome Andre Casterman to our advisory team. Andre’s guidance will help us extend the benefits of digital assets to the alternative finance industry. Collaboration with market participants is a priority for XinFin”
[/color]XinFin is the first of its kind hybrid blockchain network. It combines the power and transparency of public networks with the speed and security of private networks. It is also cost-efficient as a permissioned consensus mechanism replaces waste-intensive mining. The network embeds a payment and settlement layer thanks to its XDC token supported by approved financial institutions. It supports secure and audited smart contracts and IOT integration.
[/color]”SME financing remains a huge opportunity for alternative lenders, incumbents. The availability of advanced technology with progressive regulatory action offers new business opportunities for SME-focused lenders. The XinFin digital asset infrastructure is designed to be regulated under community-driven governance models and through regulated institutions,” added Andre Casterman, Founder of Casterman Advisory, lead of the “Alternative Finance” learning lab at the World of Open Account (WOA).
[/color]By collaborating with SME-focused lenders, XinFin expands the pools of liquidity available to those in need of working capital. XinFin Network is a member of the International Trade and Forfaiting Association (ITFA) and the World of Open Account (WOA).
[/color]About XinFin Hybrid Blockchain NetworkXinFin.org  is a highly scalable, secure, commercial-grade Hybrid blockchain architecture. Interoperable Smart Contracts enables digitization, tokenization, and instant settlement of trade transactions increases efficiency, and reduces reliance on complex FX infrastructures, allowing for increased flexibility in liquidity management for financial institutions. Access to XinFin Network is accessible to financial institutions through Abu Dhabi Global Markets (ADGM) regulated TradeFinex Tech Ltd., an ADGM Reglab Entity.
[/color]About Andre Casterman​​Andre Casterman spent 20+ years at SWIFT, leading global innovations in the inter-bank payments, corporate treasury, trade finance markets. During that time, he established an institutional partnership between SWIFT and the International Chamber of Commerce (ICC) and created the first natively digital trade settlement instrument based on ICC rules and smart contract technology before blockchain was even available. Andre also chairs the ITFA’s Fintech Committee which gathers 31 fintechs active in trade-related technologies that help originators automate trade finance processes and attract institutional investors to the asset class.

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Join the webinar "A tour in the World of Funding Platforms" to be held on 07 July 2020 at 15:00 CET.


Atul Khekade, co-founder, TradeFinex & XinFin (XDC) Hybrid Blockchain Network to speak at the #Webinar with André Casterman, Founder, Casterman Advisory & Expert Advisor, WOA - World of Open Account.


Register: https://woa.community/innovate/events/meeting-detail-page/48/a-tour-in-the-world-of-funding-platforms/about#.XwLDFygzbIU


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WBF Exchange lists XinFin Mainnet Coin XDC against DUSD. WBF claims to have users from 177 countries and branches in 13 cities such as New York, London, Singapore, Ho Chi Minh City, Seoul, and Tokyo who will have the access to XinFin mainnet token XDC and also creates an opportunity to utilize the XinFin’s real-world use-cases such as Blockdegree.org, a decentralized app on XinFin XDC Network is a peer to peer online education tool that lets students or anyone interested in learning learn new skills fully online. An immutable certificate stored and generated on XDC Network after an online exam helps students share their skill set to the world and potential recruiters. TradeFinex.org, helps small and medium businesses or institutions originate their own financial requirements in a digital, fully structured manner so that they can distribute it to the bank or non-bank funders themselves using a common distribution standard. Mycontract.co, a middleware that connects any two centralized systems using decentralized APIs running on XDC blockchain Network.


XDC network enables various developer-friendly tools like the one-click installer, XinPay, Remix, wallets to help the developer to deploy quick apps, Dapp, or a smart contract on XDC blockchain network.
As per the recent announcement WBF Exchange will launch XDC/DUSD trading pairs in the open area, the specific time schedule is as follows:
Recharge time: 10:00, June 29, 2020 (UTC+8)
Trading time: 16:00, June 30, 2020 (UTC+8)
Withdrawal time: 18:00, June 30, 2020 (UTC+8)


About WBF Exchange
WBF Exchange is a centralized exchange which was registered in Singapore in January 2019. It is a subsidiary of WBF Group, which was registered in New York in 2017. Its founding team has members from New York, Singapore, and China.
WBF Exchange supports spot trading, contract trading, leveraged trading, lending, and options trading. WBF claims to have users from 177 countries and branches in 13 cities such as New York, London, Singapore, Ho Chi Minh City, Seoul, and Tokyo. WBF Exchange aims to build a digital financial service platform with the most currencies, the largest registered user base, a strong customer experience, and a stable and safe technical structure. Website: www.wbf.live


About XinFin’s XDC
XinFin an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The XinFin network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2seconds transaction time, KYC to Masternodes (Validator Nodes). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the intending to create a ‘highly-scalable, secure, permission, and commercial grade’ blockchain network. More detail at XinFin.org


We invite you to join the XinFin Community at:
Telegram: https://t.me/xinfin
Twitter: https://twitter.com/XinFin_Official
Subscribe to the XinFin Community Newsletter by clicking here. You will receive our newsletter direct to your inbox every month.

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London — 22, June 2020 –Enterprise-grade Hybrid Blockchain platform XinFin[XDC] Network has joined ITFA to enable financial institutions and fintechs to unleash benefits of tokenization and digital assets for Trade Finance with XDC Network. ITFA is the worldwide trade association that represents the rights and interests of banks, financial institutions, and service providers involved in trade risk and asset origination and distribution.


Atul Khekade, Co-founder of XinFin[XDC] Network said “Tokenization and Digital assets bring various benefits to the legacy paper-based Trade Finance industry. Cross border sensitive data related to trade finance transactions can be turned into non-sensitive tokens for the MSMEs, corporates, and lenders to enable data sharing across borders by complying with laws of the land. Tokenization of trade instruments brings liquidity from alternative asset investors to the trade finance market enabling MSMEs with critical liquidity support to sustain and grow after the coronavirus pandemic and the resulting economic slowdown.”


Sean Edwards, Chairman of ITFA and Head of Legal at SMBC Europe said “We welcome XinFin to ITFA. Technology providers are playing a most important role in global trade and receivables financing. This is a growth area for our 300+ member community and we are committed to helping our global membership benefit from the new options by sharing expertise in both regulatory and technology developments.”


XinFin is becoming the 28th member of the ITFA Fintech Committee and wishes to collaborate with incumbent financial institutions, alternative lenders, and their technology partners by helping them benefit from the tokenization of trade instruments. XinFin blockchain network is built on a performance layer that achieves high transaction speeds and near to zero transaction costs without compromising decentralization.


XinFin lets institutions connect their legacy systems to the XinFin Hybrid Blockchain using the XDC Protocol and financial messaging compatible with ISO 20022 standard. The XDC token is the underlying utility token that powers XinFin’s Hybrid Blockchain. The XDC token acts as a settlement mechanism for DApps (distributed application) built on the XinFin Hybrid Blockchain. XDC supports a growing number of use cases which is why XinFin aims to collaborate with ITFA fintech members as well as with incumbent financial institutions.


About XinFin[XDC] Network
XinFin is an enterprise-grade hybrid blockchain network platform with XDC as a native fuel and utility token used as a backbone of the network. XDC Network is a Governance driven blockchain network with various use cases such as tokenization of data, financial instruments, trade instruments. XDC network enables smart contracts so companies or developers can deploy their own decentralised applications on it. It can be used as a backbone network for deploying Central bank digital currencies or tokenizing fiat currency or cash by regulated financial institutions. Learn more about XinFin at https://xinfin.org/ To see a live hybrid network in action, please visit: https://xdc.network/home Twitter: @XinFin_Official Linkedin: https://www.linkedin.com/company/xinfin/


About ITFA
The International Trade & Forfaiting Association, ITFA, is the worldwide trade association for commercial companies, financial institutions, and intermediaries engaged in global trade, forfaiting, supply chain, and receivables financing. Founded in 1999 and with more than 300 members, ITFA aims to foster business relationships and is at the forefront of understanding current and emerging changes, challenges and opportunities in trade finance, and protecting the interests of the incumbents. Learn more at https://itfa.org.

13




South Korean Exchange DAYBIT lists XinFin’s ERC20 token XDCE against local fiat currency pair KRW (Korean won). The listing of XDCE on a Korean Exchange will give easy access to the crypto market, also a chance to spread the utility of XinFin in South Korea.


XinFin celebrated its 1 year of the successful launch of mainnet, Now running network with support from 100+ institutions around the world. Listing on Korean exchange will give easy access to all the XinFin use cases for the Koreans: Blockdegree.org, a decentralized app on XinFin XDC Network is a peer to peer online education tool that lets students or anyone interested in learning learn new skills fully online. An immutable certificate stored and generated on XDC Network after an online exam helps students share their skill set to the world and potential recruiters. TradeFinex.org, helps small and medium businesses or institutions originate their own financial requirements in a digital, fully structured manner so that they can distribute it to the bank or non-bank funders themselves using a common distribution standard. Mycontract.co, a middleware that connects any two centralized systems using decentralized APIs running on XDC blockchain Network.


XinFin entry into Korean Exchange in such a time when every business, education, and jobs are most affected by COVID19, XinFin can renovate the MSMEs, Learning, Jobs for new generations in Korea by it’s ready to use use-cases. Also, we request the people to make use of the XinFin.Network and get the maximum benefit out of it to develop in all aspects of life.


About DayBit
Chain Partners is the venture-backed company builder known for growing Korea’s blockchain ecosystem and launching DAYBIT in 2018. DAYBIT Exchange is an advanced, high-performance cryptocurrency spot exchange for all promising digital assets. It was the world’s first exchange developed with an elixir programming language, which helps process millions of trades without performance issues. It is also mobile-friendly, having brought its design language from some of Korea’s top mobile apps designers. DAYBIT is partnered with SAMSUNG, Republic, Blockchain Valley Ventures, Altonomy, Boosty Labs.


About XinFin XDCE
XinFin is an opensource enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The XinFin network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000+ TPS, 2 seconds transaction time, KYC to masternodes (Validators Node). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the goal of creating a ‘highly-scalable, secure, permissioned, and commercial grade’ blockchain network. XinFin has also launched an Ethereum token called XDCE that can be traded with XDC utility token at a 1:1 ratio. This gives the token holder flexibility to get benefit from the Ethereum Network’s various utilities DApps.

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Altcoin discussion / XDCE Listed on Bilaxy exchange
« on: May 22, 2020, 04:43:35 PM »




The Republic of Seychelles registered centralized exchange Bilaxy listed XinFin’s ERC20 token XDCE on 21 May 2020, and XDCE made its position in the top 15 coins among the 150+ pairs, with respect to volume in 24 hours of listing.
Trade XDCE/ETH: https://bilaxy.com/trade/XDCE_ETH
Announcement for Reference: https://t.me/bilaxy_announcements/955


About Bilaxy
Launched in Apr 2018, Bilaxy exchange is a centralized exchange registered in the Republic of Seychelles and launched in early 2018, Bilaxy exchange claims to have hundreds of thousands of traders from more than 80 countries all over the world.
Bilaxy places a strong focus on liquidity for new tokens for global crypto traders. With 150+ crypto pairs, Bilaxy aims to establish a leading global trading platform that provides a broad range of trading products and services for global traders with a focus on transparency, reliability, quality execution, and client services. CoinMarketCap Link: https://coinmarketcap.com/exchanges/bilaxy/


About XDCE
XinFin (XDCE) an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The Xinfin network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, KYC to masternodes (Validators Node). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the goal of creating a ‘highly-scalable, secure, permissioned, and commercial grade’ blockchain network. Tradefinex.Org is a network for trade finance originators to distribute trade assets to alternative asset investors using decentralized and p2p financing technology. Recently, the World Trade Organisation and the International Chamber of Commerce white paper Publish XinFin’s TradeFinex.org is the “Network of Network” for trade finance. More detail at XinFin.org
We invite you to join the XinFin Community at:
Telegram: https://t.me/xinfin
Twitter: https://twitter.com/XinFin_Official
Subscribe to the XinFin Community Newsletter by clicking here. You will receive our newsletter direct to your inbox every month.
XinFin Hybrid Blockchain [XDCE] www.xinfin.org

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London based institutional custody & prime brokerage firm, Copper.co now supports XinFin’s Mainnet Chain XDC to provide digital custody solutions for XinFin and TradeFinex’s institutional and crypto hedge fund customers. Copper’s safeguards its infrastructure using online, offline and MPC technologies to create a client segregated custody environment for digital assets, thus, providing maximum security without compromising on control.
XinFin announced a partnership with Copper.co on 27 January 2020 for Institutional Custody Solution with the support for XDCe across its institutional hot and cold wallet solutions.
As of now, XDC and XDCe Coin are listed with various decentralised and centralised cryptocurrency exchanges. To add to that, now Copper also supports both XDC mainnet Coin as well as XDCe — the ERC20 version of the token. Custody Copper also provides an insurance option to safeguard cryptocurrency assets.


About Copper:
Copper designs & develops award-winning infrastructure enabling institutions to acquire store, and trade digital assets in a manner that satisfies global investors and regulatory standards. Its multi-signature safeguarding application allows institutions to have complete certainty that their capital is not at risk of theft, whether it be from hackers or bad players in the industry. Copper is also one of the few digital asset custody solutions to be insured against crime, including theft of fiat or digital assets — with a comprehensive policy brokered by Aon in London. More details at https://copper.co


About XinFin.Network:
Xinfin XDC Network is an open-source enterprise-ready hybrid blockchain for global trade and finance use cases. Tradefinex.org is a P2P network for trade finance originators to distribute trade assets to the growing class of alternative asset investors. The trade finance market is expected to reach USD 71 billion by the end of 2024 and the Xinfin blockchain network aims to innovate the market using blockchain technology. For more information on XinFin Network, please visit Xinfin.org.

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