Review on Xtock by francis fernandez

Name: Xtock
Item: Xtock
Rating: 5

October 28, 2020

Xtock: a blockchain connection between OTC organizations and mainstream users

Xtock is a platform based on blockchain technology that aims to develop a network of over-the-counter market leverage between companies, people and institutions for the commercialization of cryptocurrencies for high amounts and under special terms.
Token:
The Xtock network uses its XTX token to drive the service management of its platform. The XTX is an ERC-20 token because it operates on the Ethereum blockchain.
Utilities:
• The Xtock ecosystem enables the execution of financial transactions in a secure and reliable way between fiduciary entities, trading organizations and investors to manage the exchange of STO for OTC shares.
• It is used to issue and exchange conventional shares through a chain of blocks.
• Allows business organizations to develop and customize their own token.
• It has a crypto asset custody system regulated under banking service.
• Allows you to save cryptocurrencies in hardware wallets.
Technology:
The Xtock network relies on blockchain technology to design and generate tokens that allow digitizing the assets of an OTC organization (companies or institutions that carry out OTC operations under particular conditions).
By using the Xtock platform, the conversion of representations of assets or rights of a company (STO) is carried out to assign value to it and the mechanism is developed and executed to create sources of liquidity with characteristics suitable for investment.
Smart contracts on the Xtock network play a critical role in issuing and converting STOs and assigning value to assets. It is also useful to establish particular conditions in the exchange.
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