XDC/XDCE UTILITY
The XinFin has two completely different reasonably token namely ‘XDC’ and ‘XDCE’ respectively. The XDC and XDCE utility token that's driving the platform but the difference is that, the XDCE is an ethereum based token. Meanwhile the two token can be swap with one another on quantitative relation of 1:1. The XDC token are often require to acquire the services of XinFin platform. So it stands as the key to access and capitalize on the features of XinFin platform.
REAL-TIME USAGE OF XDC TOKEN
The XDC token are effective in numerous dimension across the XinFin platform. The XDC token can be used to do exploit in the following XinFin platform component which an going to elaborate here. The following are components of XinFin platform and the XDC are the tools driving the following components.
- MyContract
- TradeFinex
- Kramaa
- Land register
- iFactor
- XinFin Blockchain Academy
- TurantPay.
-* MyContract
MyContract is a digital plus creation & management dashboard for users to do exploit in asset tokenization market without any necessary knowledge or programming experience. With this feature, users will be permits to make their your own token in simple and quicker way without further stress. Users of the XinFin platform through MyContract can deploy their own smart-contracts and tokens across industries. The XDC token is the key for accessing this feature, it gives the point for creating of your create their own token or launch their own smart- contract.
- *TradeFinex
TradeFinex is one of the key feature of XinFin that permits a peer to peer trade of finance. In sort, I could called TradeFinex as a trade finance platform that makes sellers and the buyers do exploit in finance market. This scheme is open for individuals, banks and government, making the supplier to be visible to the consumers and making them to have access in acquiring needed capital at a lower interest. Through the TradeFinex, there is permission of peer to peer sharing of documents and other vital digital assets.
The XDC token will be the utility digital currency here between suppliers and the consumers. The XDC token is far better because no regulation, restrictions or inflation affecting it as the case as been with the physical cash.
- *Kramaa
Kramaa is the technology sector of XinFin in charge of developing or designing any IOT and blockchain applications. Holders of the XDC token will have access to buying in or obtain the designing tools or let me say will be able to build their decentralized App through the XinFin platform.
- *XinFin Blockchain Academy
This is the sector that provides for an opportunity for the users to learn or acquire a professional or engineering knowledge through this means. Interested users will need the XDC token to gain access to the learning centre in order for them to learn how to develop or other data related course and obtain a certificate through this platform.
- *TurantPay
The TurantPay is like a payment services of Xinfin platform that make a payment to be transparent between the sellers and the consumers. The TurantPay can eliminate third-party involvement of transaction process and thereby making a transaction to be faster with little transaction fees. The XDC token is used for transaction fees and this make it lower when compare with the conventional system.
- *Land register
In XinFin platform, there is room for registering your land; so this sector employ a blockchain methods of doing it which is more accurate and correct. The verification process could be done properly in a decentralized way, eliminating the irregularity charges the government levied for land registration. The payment of little XDC token will make the process done for you in a more skillful and professional ways.
-*iFactor
iFactor is a short form of “invoice factorization”. It is a feature that make the sellers or the suppliers submit their unpaid invoice to the web for it to be visible to all the parties involved. The iFactor permits a regular communication between the sellers, consumers and all other party involve. The XDC token is the key to enjoy all these services
I believe with these little note above, we can all see the usefulness of the XinFin token (XDC/XDCE). So if you want to enjoy the services of XinFin platform, do yourself good by purchasing some of the XDC or XDCE token which are already available on the exchange.
Don't read this my article and relax, try go further by checking any of their below official links:
Website ⇒ http://www.xinfin.org
Reddit ⇒ https://www.reddit.com/r/xinfin/
Twitter ⇒ https://twitter.com/XinfinF
Telegram ⇒ https://t.me/xinfin
Medium ⇒ https://medium.com/xinfin
Video Explaining XinFin ⇒
Author's Info ⇒
Full Name ⇒ Benedict Raphael
Email ⇒ [email protected]