Highlights
- XDC head of ecosystem will be discussing the effects of the pandemic on deliverables finance with industry leaders.
- The conference will provide more exposure for the blockchain’s base coin, XDC.
About XDC
XinFin is a hybrid Blockchain technology firm that is enterprise-ready and designed for international finance and trade. XDC is the native coin of the XinFin network. The XDC protocol is designed to enable smart contracts, 2000TPS, 2second transaction latency, and KYC to Masternodes (Validator Nodes).
According to its creators, the purpose of the XDC Chain (also known as the XinFin Digital Contract) is to build an “extremely scalable, secure, permission-based, and commercial-grade” blockchain network.
The XinFin mainnet token XDC, which also supports the usage of XinFin’s real-world use cases such as TradeFinex.org, enables small and medium-sized companies or institutions to generate their own financial needs in a digital, fully structured way, which they can then distribute to the bank or non-bank funders via a common distribution standard.
XDC’s participation in the BCR Consortia
XDC, the base coin of the Xinfin blockchain, will be getting more exposure as the organization will be presenting at the BCR Consortia conference. The announcement was made yesterday through a tweet published on Xinfin Finance’s official account.
The company at the conference is Billy Sebell, the network’s head of ecosystem development for North America. He will join other industry leaders to discuss the effect of the pandemic on the deliverables finance industry while finding better solutions to delivering blockchain-enabled trade and receivables
The BCR Consortia conference is scheduled for two days beginning today, October 19th, in London at the Norton Rose Fulbright LLP headquarters. The October edition of the annual consortia will also be available online for people who can’t attend in person.
Among other topics, the conference aims to explore blockchain’s potential in creating ESG in trade networks, developing business cases for technology and platform investments, streamlining KYC and AML processes with blockchain, and discussing standardization challenges and measures to tackle them.
The platform will allow Xinfin to further educate stakeholders in the crypto community on the intricacies of the technology behind XDC and the focus of Xinfin Fintech in offering secure and speedy tokenization of trade assets on the XDC Network.
Future predictions for the XDC Network
The XinFin team is presently working on implementing the XDPoS, which will be completed on time according to the roadmap. The network’s team will explore the Sharding mechanism in line with the innovative consensus protocol to further improve transaction processing and speed.
The XinFin team believes that using the Sharding method with a steady number of master nodes would improve the blockchain’s reliability and efficiency. Simultaneously, the XinFin team aims to maintain EVM-compatible smart contracts inside the network’s master node Sharding architecture.
The current price of the XDC Network is $0.107775, with a 24-hour trading volume of $5,213,330. It is ranked #79 on CoinMarketCap, with a market cap of $1,325,955,603. As of writing, there are 12,302,967,907 XDC coins in circulation, with no information on the maximum supply.
