Review on XinFin Network by Olugbenga Ajayi
Xinfin offers the best financial solutiona
Xinfin blockchain company is a Singapore based company that was initially limitated to the shores of Singapore and China but today, it has expanded towards Europe, USA and many more countries.
Its ICO was first sold in 2017 and later was also offered in 2018 and it succeeded in selling more than 3billon of its token.
The company major focus is to provide the best business grade solutions in international trade and finance. Such solutions will be useful for individuals, private and public corporations, financial institutions and more. The founder believed that even though people are already used to the traditional financial system, introducing blockchain based solutions will solve a lot of problems.
There are four lines of solutions provided by xinfin namely: tradefinex, e-wallet and remittance, business efficiency solutions and private sub network. All of these solutions are very useful for all and sundry in attaining world class financial settlement. The fintech application provided by this company has been highly adopted and recommended by organizations.
It uses an hybrid form of delegated proof of stake algorithm known as the xinfin delegated proof of stake (XDpos) for governance.
It's token XDCE is used as reward for stakeholders and for other utility purposes.
It is my opinion that xinfin aims and objectives will really ease the stress faced in settlement issues and eliminate problems inherent to traditional financial system.
Pros
- Xinfin project has the backings of lots of experienced cryptocurrency enthusiasts
- It is transparent, scalable and secure
- It offers reliable business grade financial solutions
- It's fintech app is widely adopted
- It bridges the gap between traditional financial system and blockchain
Cons
- No negative comment
