Cryptocurrency is a major part of blockchain ecosystems. They serve as a means of transactions and performs numerous activities. Since Blockchain is touted as the technology of the future digital currencies will replace traditional fiats currencies. XINFIN a next-generation solution to the problem of global economies in terms of investment smart contracts, creation, investment decision, asset Tokenization, lack of blockchain education globally and also the current financial deficit. At the heart of all this solution will be the XDC token. The XDC token is the native utility token that fuels XinFin's Hybrid Blockchain. XDC is widely regarded by the community as the Mainnet token because of its functionality and features. The XDC token will also be used as a settlement mechanism by current DApps (Kramaa, My contact Co.) and other subsequent DApps that will be created on the revolutionary XinFin Hybrid Blockchain. With the aim of providing a hybrid blockchain protocol
To created liquidity for XinFin project on major cryptocurrency market XinFin also created an Ethereum based token according to erc20 standards called XDCE which is open for trades for the XDC utility token at a 1:1 ratio on Alphaex. Alphaex works very well with major decentralized cryptocurrencies exchanges globally and provides the much-needed liquidity for the project in major crypto exchange.
Please Note
The XinFin model of XDC is special and unique. Even though the two tokens share the same supply and price at any point in time because it can be a swap at ratio 1:1 doesn't mean they perform the same functionality. XCD is the utility token of XinFin hybrid network Mainnet driving adoption for the solution Xinfin, XDC is freaking for the volatility and speculative nature of the cryptocurrency market while XDCE provides liquidity for the XDC token.
There are currently many use cases on the XinFin XDC01 protocol which are currently fueled by the XinFin's XDC some of which include
MyContract.co
TradeFinex
Kramaa
Land Registry
iFactor
XinFin Blockchain Academy
TurantPay
Each of these solutions is already functional or at least in its late stage of development. Some are already on Mainnet launch which forces more utility for the XDC token
Further information About XinFin XDC and XDCE Can be found below
#Resource Papers: https://xinfin.org/resources.php
#Github: https://github.com/xinfinorg
#YouTube: https://www.youtube.com/channel/UCQaL6FixEQ80RJC0B2egX6g
#LinkedIn: https://www.linkedin.com/company/xinfin/
#Uniquess: https://smallseotools.com/view-report/13d9721a9f63e8ffdb0f4e7ea4339835
AUTHOR: [email protected]