XinFin [XDC] Connecting Blockchain to the real world through IoT
XinFin (XDC) is blockchain in development to deliver real world and enterprise grade integrations into the financial ecosystem. We are working on providing blockchain connectivity, transactions and financing mechanism to the real world applications through the Internet of Things (IoT) enabled devices or projects. Our core focus is to bridge the huge inefficiencies in global supply chain and bridge the $5 trillion infrastructure deficit.
Three main use cases for XinFin (XDC) platform include :
- Peer to Peer Financing for IoT enabled real world devices and projects and critical public infrastructure projects ($5 trillion deficit and opportunities)
- Enabling global trade finance for the buyers and sellers with proven products, credibility and yet non-existent ratings. (Approx : $1 trillion non-existent market)
- Enabling an efficient repayment mechanism coupled with FIAT currency smart-contracts linked to XDC blockchain network.
XinFin (XDC) will be opening it’s open API’s for any number of use cases such as :
Cross border remittances
PoS terminals
XinFin (XDC) has derived a fork out of Ethereum blockchain to enable the following features :
Specifications
Hashing Algorithm: same as in Ethereum, keccak-256
Dev Language : Go, Java, NodeJs
Block time: 1 second
Type: PoW
Difficulty re-targets each block
ERC 20 compliant token to evolve into it’s own XDC01 standard with security and scalability
Fully Auditable
One coin is divisible down to 5 decimal places (divisible up to 10-5)
Total coins: 100,000,000,000 XDC
Pre-mine : 100% (80% in Escrow)
Features
Gerant Nodes/Master nodes for quick processing
Lite Nodes/Wallet
Multi-Sig Contracts
API connectivity to IoT devices
Lowest latency times upto a few seconds
Hybrid Public/Private architecture with connectivity to Ethereum and Bitcoin public blockchains
Alphaex.net—Exchange with XDC BTC ETH XRPI’m proud to announce launch of our Alphaex Exchange (Alphaex): https://alphaex.net/ . I hope you have a delightful time enjoying this service About Alphaex Exchange
Alphaex is an advanced crypto currency exchange that aims to provide instant and simplified purchasing experience for customers looking to acquire crypto assets. Now that, there are stricter regulations being injected into the crytocurrency exchange market, Alphaex wants to be recognized and fully compliant with laws of the land and regulations of cryptocurrency trade. Alphaex has already started getting regulatory guidance and support in multiple real-world use cases. And, this is the reason why we have chosen the following four cryptocurrencies for trading. Alphaex is in Beta mode right now.
Pairs available for trading:
XDC/BTC
XDC/ETH
XDC/XRP
Cryptocurrencies exchange rates API
XDC-BTC TickerReturns actual volume-weighted price with respect to last executed XDC-BTC Trade, total 24h volume,US$ price and the price change.
XDC-BTC APIreturns
{"status":"success","message":"XDC-BTC Market information","markets":[{"bid":"0.00000007","last_price":"0.00000012","volume24h":"668702","currency":"BTC","marketname":"XDC-BTC","ask":"0.00000000","low24h":"0.00000005","change24h":"0.00000055","high24h":"0.00000060","usd_price":0.0021134999381232,"basecurrency":"XDC"}]}
XDC-ETH TickerReturns actual volume-weighted price with respect to last executed XDC-XRP Trade, total 24h volume,US$ price and the price change.
XDC-ETH APIreturns
{"status":"success","message":"XDC-ETH Market information","markets":[{"bid":"0.00000201","last_price":"0.00000295","volume24h":"1005644","currency":"ETH","marketname":"XDC-ETH","ask":"0.00000001","low24h":"0.00000185","change24h":"0.00000110","high24h":"0.00000295","usd_price":0.0020299213536775,"basecurrency":"XDC"}]}
XDC-XRP TickerReturns actual volume-weighted price with respect to last executed XDC-ETH Trade, total 24h volume,US$ price and the price change.
XDC-XRP APIreturns
{"status":"success","message":"XDC-XRP Market information","markets":[{"bid":"0.00200000","last_price":"0.00325000","volume24h":"908802","currency":"XRP","marketname":"XDC-XRP","ask":"0.00000001","low24h":"0.00220000","change24h":"0.00265000","high24h":"0.00485000","usd_price":0.0026009134125,"basecurrency":"XDC"}]}Other Resources
Interface
AlphaEx provides unique volume of cryptocurrency exchange rates data, which is delivered in easy-to-integrate JSON format via simple HTTPS requests. Prices are updated every 30 seconds.Reasons for choosing XDC, BTC, ETH & XRP
XDC
XinFin’s XDC01 protocol is very compliant and can be used by regulators themselves. Many Fortune 500 companies are using XinFin’s business model for trading and finance use cases. XinFin has developed a permissioned Hybrid Blockchain that is built on Ethereum and Quorum codebase. XinFin’s finance use-case based architecture, TradeFinex is sure to gain greater regulatory acceptance seeing the greater scrutiny and rigid regulations; exchanges undergo nowadays.
BTC
Bitcoin is a cryptocurrency that has changed the way people think about money. The ground-breaking payment system enables anyone send and receive any amount of money conveniently and without any restriction. Bitcoin is one of the most important inventions in all of human history and is the first decentralized cryptocurrency.
ETH
Ethereum is an open software platform based on blockchain technology that allows developers to build and deploy decentralized applications i.e. smart contracts. The second prominent cryptocurrency in the world facilitates exchange of money, content, property, shares or anything of value which means developers can build thousands of different applications on Ethereum blockchain.
XRP
Ripple is the world’s only enterprise blockchain solution for global payments. Ripple is widely accepted by a good number of banks, corporates, payment providers and digital asset exchanges. Connectivity across payment networks, instant on-demand settlement, real-time traceability of funds and low operational, liquidity costs makes Ripple a perfect cryptocurrency to be traded on Alphaex Exchange.
Team
Peter YeoCo-Founder AlphaEx
Advisor / Business Director at Jetcoin Institute.
Cloudmining Fintech (CMFT) / TheBlockChain.Sg - One of the world's first eWallet + Private Blockchain Providers (Proof of Stake / Proof of Work / Hybrids).
From application layer to ASIC blockchain server infrastructure and security design, integration with Prepaid card programs globally (VISA/ Mastercard).
Providing world-class end to end services from consulting to implementation for clients like National Banks, Financial Institutions, Governments and MNCs.
Case Studies include:
1. Loyalty Points redemption Programs (see crypto powered e-commerce site wisemall.net)
2. Prepaid programs - Assist merchants and service providers to launch for their goods and services (Private Blockchain issued virtual currency + eWallet + ePOS crypto system)
3. Cross-border Payroll solutions for MNCs employing large workforce of foreign workers, e.g. construction industry (eWallet + local Bank API integration + remittance solution via SelfRemit.com)
4. Voting / Polling solutions (Using Private Blockchain + time specific issued e-wallets = unique offering of immutable records and relative invulnerability to hacking)Communication channels:
Site:
http://alphaex.net Email:
support@alphaex.net Questions:
Have questions?
Post here and we will reply you.
