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.
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Founder and Publisher of Blockchain News, partner Blockchain Partners, founder Token.Agency Rated on Feb 16, 2018
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I have to really support this with full marks for a number of reasons. The team is great- and huge with over 30 staff. The fact that XinFin has architected its network from a fork of Ethereum and Quorum, to me proves they know what they are doing. Get rid of the all cap text on the front page - it looks awful.
Editor in Chief, Cryptocoin.News Rated on Feb 17, 2018
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No images for the team or advisors and many with no social media links - in a time when you have to build trust with investors - these are simple to things to do, and let down your ICO when you don't do this.
I'd like the intro to be clearer too, yes it is a swopable token, so are many, why is this good, better than others?
There is work to be done to better explain what's going on with this ICO.
Team is good. Recently interacted with them. Wanted to know more details and team was open enough to provide me insights and clarify my doubts. Concept is good and real need of the industry. I have worked in project industry for more than a decade, hence can appreciate the problem this team is trying to solve. Global trade, finance and banking industry related problems cannot be solved by public blockchain. Due to data sensitivity, permissions blockchain coupled with smart contract is the ideal solution. As shared by the team that soon they are going to launch more applications, other than TradeFinex, those will be for finance and non-finance use cases.
Recommendation: They should work on the xinfin.org website as its lagging in terms of UI/UX. Rest execution is the key, who knows which is the next billion dollar ICO !!
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
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- Company Incorporation and launch of XinFin Blockchain
- Release of Business Whitepaper and conceptualization of real world use cases
- Wallet Deployment
- Token allocation to early backers through Pre-placement round
3
Q3 2017
- Technical Whitepaper
- Conceptualize trade, finance and process efficiency use cases and initiate POC
- Initiate development of TradeFinex
- Launch of XDC Web-wallet
4
Q4 2017
- Launch of XDC Android and iOS wallet
- Support trading of XDC tokens through AlphaEx against ETH, BTC and XRP
- Demonstration of TradeFinex POCs for select clients and feature enhancement
- Demonstration of Xinfin Hedge pool to select clients and feature enhancement
- Launch of TradeFinex Alpha and initiate merchant registration
5
Q1 2018
- Enhancement of XinFin and TradeFinex websites
- Support peer to peer trade and finance using TradeFinex Dapp
- Partnership with Governments, trade unions, universities and corporates for TradeFinex
- Enhance token liquidity through multiple exchange listing and extend FIAT support
- Completion of 10 POCs and initiate production roll-outs
- AML and KYC compliance of XDC wallet
- Empanelment of credit assessment agencies
6
Q2 2018
- Deployment of private sub-networks under Hybrid Architecture
- Development of legally binding digital smart contracts from TradeFinex platform
- Transaction volume enhancement to 1000 TPS
- Standardization of IoT Data frames and IoT hardware security
- Tie-up with financial institutions and NBFCs for infrastructure financing
- Deployment of cold storage wallet
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