INTRODUCTION
A wide array of uses for blockchain technology can be summed up. However, very few innovators have applied blockchain technology in networking both individuals and enterprises. This aspect of blockchain technology allows users to build a public or private network that can determine the information that should be shared amongst
users connected to the network.
WHAT YOU NEED TO KNOW ABOUT XINFIN
XinFin stands for Exchange Infinite, it is a network for sharing resources. With the aid of blockchain, XinFin has been able to make data sharing, secure and cost effective for its users while also assuring them of privacy and a high throughput and scalability.
The XinFin network has a public Delegated Proof of Stake consensus that helps to ensure that stakeholder voting is done democratically and there is no foul play. XinFin is also a network that ensures that users and organizations to have access to Apps, Demos, Github, etc to use in the development of their software. It is powered by the XInFin Digital Contract(XDC).
PROBLEMS FACED IN RESOURCE SHARING
- Difficulty accessing data and services available on the site
- Lack of proper information to help users be aware of services available on the site.
- Improper security measures for data and resources on the network.
- High cost of utilizing the services made available.
ADVANTAGES OF USING XINFIN OVER OTHER RESOURCE SHARING NETWORKS.
- Ease of Access
It allows users to run multiple services using a single account, while also providing the users with easy navigation and a wide array of properties on the network. Data sharing is made possible using secure public and private network. Users can determine what data is available for the public and what is shared privately. - Privacy
User information is securely stored so that hackers and other cyber criminals with malicious intent do not have access to the information. Also, other users are only privy to information that has been made public by the website which the users are aware of. - Transparency
The services of the site are made available for users and aspiring users to access and understand the working principles. The site ensures that users are aware of what they are getting when they make use of the site. - Cost effectiveness
XinFin provides its services at an affordable cost for its users. Its low cost services are a great resource for users working on a budget or with limited funds.
CONCLUSION
XinFin has been able to make marginal development in the resource sharing network platform. With the new innovations brought about by XinFin, the world of data resource sharing has been taken to new heights.
FOR MORE INFO PLEASE DO VISIT THE LINKS BELOW
Website: http://xinfin.org/
Twitter: @XinFin_Official
Telegram: https://t.me/xinfin
Telegram Channel: https://t.me/XinFinDevelopers
Slack Channel: https://xinfin-public.slack.com/messages/CELR2M831/
Forum: http://XinFin.net
Me
Name: Temi Jennifee
Eth address:0x3a550BFCE7ec1C5e688F5255424dA6F7407DeDeE
Email: [email protected]