May 29, 2017 – Xinfin.org has announced that it will soon launch institutional financing marketplace built over crypto currency. The company is introducing a new marketplace with the Innovative and instant Settlement Mechanism that aims to deliver enterprise grade blockchain platform that can be used by institutions and Governments to find new ways for solving old and traditional problems for the global trade and financing industry. This new marketplace is aimed at real world integration of smart-contracts between buyers, sellers and financiers while offering instant cross border payments and settlements using its native token XDC (Xchange Infinite Development Contract).
“We want to bring the benefits of this futuristic currency to the real world institutions, projects and transactions.” Said Alex Mathbeck, the Head of Marketing at Xinfin.org. “We are building this futuristic network for institutions seeking global or local procurements for their projects, and also for suppliers who have proven products but are not so well known and financiers.” He added.
The marketplace created by Xinfin will use the power of blockchain for four main purposes. The first purpose is going to be an instant cross border settlement mechanism through its native token XDC. Initially there will be no transaction or settlement fees to supplier or for institution which makes it more business friendly for both the parties. In addition, another purpose is to map smart-contracts to real world contracts. Moreover, the blockchain will also use XDC to incentivize financiers to fund viable projects with low buyer and seller ratings. The Quickest transaction time to get real world use-case for bank and financial institution. Furthermore, it will be used to build an equity exchange over XDC for projects that want to raise capital.
XINFIN foundation is a non-profit that liaises with the Governments of the world to help bridge the infrastructure deficit. The foundation is building a strong team of over 100 financiers, blockchain programmers, functional experts and business development personnel all over the world and all the team bios will be available at the time of marketplace launch. The project has opened its pre-ICO token offerings in limited numbers for its early backers.
For more details, please visit: www.xinfin.org
Video Link: http://www.youtube.com/embed/jLaqms1IHWE
Company Name: Xinfin Foundation
Contact Person: Alex Mathbeck [Head of Marketing]
Country: United States