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Follow on Google News | ![]() XDCE token goes live on Bancor, KoinOK, Alphaex, Forkdelta & Etherflyer, Opens 20% above ICO PriceXDCE gets listed on various public exchanges like Bancor.network, Koinok.com, Alphaex.net, Forkdelta and Etherflyer.com.
By: XinFin Fntech Pte. Ltd. XinFin's Co-Founder, Peter Yeo said, "We are really excited to announce that within a week of initial offering our Utility token XDCE is now available for trading on various public exchanges like Bancor.network (https://www.bancor.network/ XinFin's protocol XDC01 powers Tradefinex.org platform which caters to small farmers, individuals or small businesses world-wide that remain unbanked due to lack of financial setup and remote locations. These deserving population are either denied loans by traditional banks or have to undergo expensive 'centralized' banking procedures. XinFin's financial mechanism called TradeFinex enables buyers secure capital at globally competitive rates, gives suppliers visibility on global tenders & customer base and provides financiers real time visibility on their investments. Cross-border trade finance is of the prominent use-cases of XDC catering to $27 Trillion of global market. XinFin is currently working on several industrial projects in Banking, Solar, Tourism, Aviation, Supply Chain Logistics etc. and deploying customized solutions across business process re-engineering, supply chain, financing, procurement, reconciliation, settlement and more. The XinFin ecosystem will support price stability of FIAT currencies, upcoming national crypto currencies and existing cryptocurrencies through monitoring activities like KYC, AML on TradeFinex platform. XinFin will seek necessary KYC, AML information from the entities that use the XDC platform and will collaborate with them to re-engineer their compliance process using blockchain technology to drive further efficiencies. "Unlike Bitcoin and Ethereum, XinFin comes with a Hedge Pool functionality which will protect its participants from fluctuations in the XDC token price at the time of procurement and settlement. Participants get payment as per the agreed FIAT currency value irrespective of volatility. Secure and auditable smart contracting standardizes fiduciary use cases by re-engineering and automating traditional lending and trade finance. Underlying digital tokens can be liquidated against FIAT currencies or other cryptocurrencies." XinFin hybrid network runs on a delegated proof of stake consensus between trusted master nodes and is powered by its next generation digital token called XDC which also acts as the underlying fuel without using high energy and hash power making XDC as Green utility Coin. IoT atop XDC protocol allows real time data to be uploaded on blockchain. XDC01 protocol is a regulatory compliance which makes XinFin utility tokens very appropriate for trade and finance. It works as a messaging and confirmation layer for domestic and cross-border approved payment. Approved financial institutions can use XDC token as a payment and settlement layer which makes it sector agnostic. About XinFin XinFin (http://www.xinfin.io) is a Blockchain technology company that has built enterprise friendly Hybrid Blockchain and platform for international trade and finance. XinFin launched TradeFinex at Assocham (http://www.assocham.org) Follow XinFin on Twitter (@XinFinF), on Telegram(https:// Visit exchanges here: Bancor: https:// Alphaex: https://alphaex.net/ KoinOK: https:// ForkDelta: https://forkdelta.github.io/ EtherFlyer: https://www.etherflyer.com/ End
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