Xinfin has released a swappable token under the ticker, XDCE. Releasing an ERC20 token has a wide array of benefits for traders, private investors and institutional level partners. The XDCE token will largely be for traders to compete against other ERC20 tokens across exchange boards making Xinfin’s reach more versatile in the open Crypto Market and can be swapped with the standard XDC token. The XDCE token will be available and will be tradeable on most exchanges. This means traders will reap the benefit of high volume and quick trades through multiple exchanges. Traders, by using the XDCE token, will allow for the XDC01 (XDC) token to be used primarily for institutional level partners. Most importantly, this will also allow the XDC01 to grow strictly from use cases, all the while keeping traders, using XDCE, connected and benefiting from the growth of the XDC01.
XinFin is a Singapore based Blockchain Technology Company that is focused on Business Process Efficiency improvement and has deployed Blockchain solutions for international trade and finance. XinFin has developed a high scalable, secure, permissioned and commercial grade Hybrid Blockchain architecture by forking JP Morgan’s Quorum. The Hybrid Blockchain platform maintains both public and private states and stores sensitive financial data in private state thereby making it enterprise ready for several business use cases. XinFin has four lines of solutions namely TradeFinex, Business Efficiency solutions, E-Wallets & Remittance and Private Sub-networks.
With an aim to bridge the global infrastructural deficit with the marketplace platform – Tradefinex, XinFin offers tools to undertake Blockchain powered peer-to-peer trade and finance contracts between governments, institutions, buyers and suppliers. This helps in an efficient deployment of capital and undertaking infrastructure projects without burdening the government treasury. XinFin aims to minimize inefficiency in annual $27 trillion of Infrastructure finance and international trade market.
XinFin launched the TradeFinex platform at the Digital Asset summit organized by Assocham in India and extended the platform to over 450,000 participating enterprise members. Ramco systems, part of global $1 Billion conglomerate has chosen XinFin Hybrid Blockchain to deply blockchain solutions for 500+ of its clients in Aviation, Supply Chain and HR. Amongst its institutional tie-ups are Global Youth Economic Summit by NM College group that extends the XinFin platform to over 35,000 students of various affiliated colleges.
XinFin is already working with leading global fortune 500 clients across USA, Europe, Asia and India. It has successfully demonstrated over 10+ pilot projects in Travel, Banking, Supply Chain, Finance, Trade and Aviation. The upcoming major global expansion includes Canada, USA, Middle East and Sri Lanka, with details to be announced in the coming weeks.