XinFin is an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The XDC protocol is architected to support smart contracts, 2000TPS, 2seconds transaction time, KYC to Masternodes (Validator Nodes). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the intending to create a ‘highly-scalable, secure, permission, and commercial grade’ blockchain network. XinFin Network (XDCE) is a blockchain-based asset designed to facilitate global trade and finance through its hybrid blockchain technology. As a cryptocurrency, the XinFin Network token serves as a medium for transactions and smart contracts, enabling efficient and secure peer-to-peer interactions.
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XinFin’s initial exchange listing occurred shortly after its launch, facilitating broader access to its native token, XDCE. The network has since developed partnerships with various organizations to enhance its adoption and use cases in the global trade finance sector. Notably, XDC Network was the first and only blockchain invited to join the Trade Finance Distribution Initiative(TFDi), a consortium of the world’s leading banks and non-bank financial institutions established to bridge the $5 trillion trade finance gap. It was also invited to join the ITFA’s Digital Negotiable Instruments Initiative(DNI).
- XinFin Network (XDCE) was launched in 2018, created by a team of blockchain enthusiasts led by co-founders Atul Khekade and Rajesh Dhuddu.
- Before making the decision to buy or sell any cryptocurrency, you should carefully consider both technical and fundamental factors, as well as your financial situation.
- The network has since developed partnerships with various organizations to enhance its adoption and use cases in the global trade finance sector.
- It combines the power of public and private blockchains with interoperable smart contracts, making it a highly efficient and flexible solution for businesses.
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. All data values are available from Thursday, August 2018, this is the first day when we got XDCE stock price data. Due to rampant wash-trading and fake activity – volume currently isn’t the most reliable indicator in the crypto space. Over the past 7 days, XinFin Network has gained 0.00%, outperforming the overall crypto market which posted a 2.17% decline.
Where can I buy XinFin Network (XDCE)?
The cryptocurrency market is also highly volatile, which means it may not be suitable for investors with a low risk tolerance. Various teams supporting and utilizing the XDC Network posit that trade finance is the definitive use case for blockchain technology and that public blockchain networks, like the XDC Network, are the vehicle for industry transformation. Kakkad and Khekade set out to build an enterprise-ready blockchain uniquely suited to liquifying global trade finance. With that overarching goal in mind, they engaged André Casterman, who, after spending 20+ years at SWIFT, now serves in a prominent leadership role for the XDC Network and drives innovation by shepherding various network use cases across traditional finance.
It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module. XinFin Network secures its blockchain through a unique consensus mechanism known as Proof of Stake and Authority (PoSA), which combines elements of both Proof of Stake and a validator setup. This model enhances network security by allowing a limited number of trusted validators to confirm transactions, ensuring efficient processing while maintaining robust blockchain protection against malicious attacks. The token page shows information such as price, total supply, holders, transfers and social links.
XDCE to USD Converter
Wealth distribution is an important factor to consider when researching a cryptocurrency. It refers to the percentage of the total supply of the cryptocurrency held by the top wallet addresses.
XDC Network priceXDC#71
The platform aims to bridge the gap between traditional finance and blockchain technology, making it an essential tool for businesses seeking to optimize their operations. By running on its own hybrid blockchain, XinFin combines the benefits of public and private networks, enhancing scalability and security for users. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 964 exchanges. CoinCodex tracks 44,000+ cryptocurrencies on 400+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders. XinFin is a Blockchain technology company focused on international trade and finance.
We have developed a highly scalable, secure, permissioned and commercial grade Blockchain architecture. With an aim to bridge the global infrastructural deficit with their open source marketing platform – TradeFinex, XinFin has created a seamless platform for financiers, suppliers and beneficiaries across industries worldwide. The primary goal of XinFin is efficiently facilitate capital deployment and minimize pressure on the infrastructural deficit by enabling a peer to peer trade and financing between governments, corporates, communities and suppliers. They use blockchain and IoT to enable the transaction of community driven digital asset.
The network features a Layer-2 subnet system allowing users to launch sovereign and privacy-preserving side chains that inherit the security of the XDC mainnet. This system makes XDC Network uniquely equipped to support those who require dedicated blockchain environments for enhanced permissions and control, such as government agencies, financial institutions, and businesses. XDC Network is being traded on 37 cryptocurrency exchanges, including KuCoin and Kraken. XinFin Network (XDCE) is primarily used for payments and as a utility token within its ecosystem, facilitating transactions across various decentralized finance (DeFi) applications. Users can engage in staking to earn rewards while contributing to network security and governance.
XinFin Network Monthly Returns
XinFin Network (XDCE) is poised for significant advancements in its roadmap, with upcoming features aimed at enhancing interoperability and scalability. The next upgrade will focus on integrating more decentralized finance (DeFi) applications, aligning with the community’s goal of expanding use cases in trade finance and supply chain solutions. Additionally, XinFin plans to bolster its partnerships to facilitate broader adoption, further positioning itself as a leading blockchain for enterprise solutions. As the network evolves, it aims to empower businesses with efficient and cost-effective blockchain solutions, driving innovation in various sectors. Please note that technical indicators don’t provide a full representation of what’s happening in the cryptocurrency market. Before making the decision to buy or sell any cryptocurrency, you should carefully consider both technical and fundamental factors, as well as your financial situation.
Market Cap
- The network enables digitization, tokenization, and instant settlement of trade transactions, reducing reliance on complex foreign exchange infrastructures.
- XinFin Network (XDCE) is a blockchain-based asset designed to facilitate global trade and finance through its hybrid blockchain technology.
- To see the latest exchange rate, XinFin historical prices, and a comprehensive overview of technical market indicators, head over to the page.
- As a cryptocurrency, the XinFin Network token serves as a medium for transactions and smart contracts, enabling efficient and secure peer-to-peer interactions.
You xdce price can quickly compare the XinFin price USD rate between five popular exchanges in the table above.View all exchanges XinFin Network (XDCE) is an enterprise-ready hybrid global trade and finance blockchain. It combines the power of public and private blockchains with interoperable smart contracts, making it a highly efficient and flexible solution for businesses. The network is built on a Delegated Proof of Stake (XDPoS) consensus mechanism, which enables instant block finality and interoperability with ISO20022 messaging standards. XinFin Network (XDCE) is widely available on centralized and decentralized cryptocurrency exchanges.
XDCE to USD Chart — Historical price of XinFin expressed in USD
Going forward, XDC Network is positioned to support a suite of RWA products that will make trade finance assets widely accessible to capital markets while enabling finance-starved MSMEs to access the financing they need. Before engaging in crypto trading, please consult with a financial advisor to ensure it aligns with your financial goals and risk tolerance. Compared to other crypto coins which started the same year as XinFin Network it has above-average trading volume, average volume for the other 804 coins started in 2018 is $14M while XDCE has $23M. XDC is up 12.20% against Ethereum and up 1.52% against Bitcoin in the last 1 month.