Review on Xtock by José A Rodríguez
Developing a Shield for a Multi-Service Blockhain Network
Blockchain networks stopped developing just financial services for users around the world. Many are the companies that are innovating to offer people benefits in case of security and protection.
Xtock is a blockchain project yet to be developed. It has just a couple of years in the market, but most of the services have not been totally launched. However, I'd like to highlight some of its current benefits.
First of all, the network was previously released to become a leader in the correct protection of asset's storage. The company defines itself just as a custody blockchain, I could mention it is a kind of shield protecting transactions and cryptocurrency management. Moreover, it is available for both individuals and businesses. They can enjoy the services of it, although it is best to assess their initiative and purpose before joining the network.
The benefits are based even to go against scams and other fraudulent issues that commonly affect crypto holders' transactions. This blockchain is fully supportive of three major chains that include institutions and banking services.
Overall, the blockchain is a kind of centralized service, even when it shows it has autonomous processes. Logging into the page requires a multiple-step process. I think it is a little bit tedious, however, they are committed to guaranteeing people's safety. In general, the application is available just in a beta version. Personally, the operationalization is limited.
For now, my thoughts go only to the idea they have for implementing the blockchain. It belongs to the kind of projects that require to be completed. Although it offers a good initial point, there is a wide-open road to surpass to establish a line in the crypto market. It is not easy to predict what will be the future of this blockchain network until they do not release the whole benefits.
Pros
- It is a multi-service blockchain with a major purpose based on protection. It offers services for individuals and companies.
- It has excellent ideas for exchanging, storing, and listing. Moreover, it has excellent partnerships and alliances with global companies that contribute to the implementation of security.
Cons
- Many of its services like the application process for the token listing and exchange among companies are not available.
- The company has many products yet to be released.
- The current services are not globally available. Besides, they need to develop and offer a mobile app instead of just using it on the web. I think it goes against the kind of custody they can offer.
