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Author Topic: XinFin [XDC] Connecting Blockchain to the real world through IoT  (Read 6721 times)
xinfin
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June 28, 2017, 03:52:45 AM
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Telegram | Twitter | Reddit | GitHub | YouTube |  LinkedIn |



What is XinFin?

XinFin (www.XinFin.org) is a Hybrid Blockchain technology company focused on international trade and finance. We have developed a highly scalable, secure, permissioned and commercial grade Blockchain architecture. XinFin blockchain is powered by XDC01 protocol, which is built over the first of its kind Hybrid Blockchain architecture to eliminate the inefficiencies in global trade and financing and to enable institutions provide real time settlement as well as enabling cross border smart contracts. XDC protocol is architected to support smart contracts layer, KYC/AML layer and price stability using it’s hedge pool for existing cryptocurrencies like Bitcoin BTC, Bitcoincash BCH, Litecoin LTC and Ripple XRP on it’s tradefinex.org platform. The XDC protocol also supports FIAT payment methods and will support upcoming nationally issued cryptocurrencies.




Xinfin Videos:

Chris Neill, Head of American Development, XinFin interviewed Roger Ver.  You can watch the video the entire interview on YouTube. Use your headphones for full clarity on what Roger Ver has to say about XinFin and more:
https://www.youtube.com/watch?v=J6F4iYzF1ew&feature=youtu.be
 

Short XinFin Hybrid Blockchain and XDC Protocol Explanation Youtube-video:
https://www.youtube.com/watch?v=K-tHZkV6zAs


Tradefinex Explanation Youtube-video:
https://www.youtube.com/watch?v=C0DF2A5ssk8


Financing of Solar Plant Using XinFin Hybrid Blockchain and IoT
https://www.youtube.com/watch?v=IkvCEE6VVNg






Some News:


Chris Neill, Head of American Development, XinFin interviewed Roger Ver.  You can read the entire interview on medium:
https://medium.com/xinfin/roger-ver-bitcoin-jesus-xinfin-advisor-interviewed-by-chris-neill-of-xinfin-io-e1d165b21dc



XDC : The ideal coin for Green Energy and the Renewables Sector.
Read the advantages of XDC on Medium:

https://medium.com/xinfin/xdc-the-ideal-coin-for-green-energy-and-the-renewables-sector-4784473446ad



XinFin.org Launches First of its kind Blockchain-Based Multisig Wallet on XDC Hybrid Blockchain for Various Enterprise Use Cases:
https://www.nasdaq.com/press-release/xinfinorg-launches-first-of-its-kind-blockchainbased-multisig-wallet-on-xdc-hybrid-blockchain-for-20180629-00749


Xinfin-io Partners with OMFIF for Global Public Investors 2018 Launch:
http://www.ptinews.com/pressrelease/29832_press-subBlockchain-Platform-XinFin-io-Partners-With-OMFIF-for-Global-Public-Investors-2018-Launch


A good read about our Meetings during Consensus and general progress:
https://medium.com/xinfin/xinfin-well-positioned-after-consensus-2018-a3289602ecda







BETA VERSION OF TradeFinex IS ALREADY LAUNCHED

The primary objective of XinFin is to minimize global infrastructure deficit by enabling peer to peer financing between Governments, corporations, buyers and suppliers to make efficient use of capital and deploy projects. TradeFinex platform will help buyers secure capital at globally competitive rates, give suppliers visibility on global tenders & customer base and gives financiers real time visibility on their investments using digitization and IoT integration of their assets. Using TradeFinex platform governments can undertake critical public infrastructure projects for economic well being of the citizens without burdening the treasury. XinFin has rolled out Beta version of TradeFinex platform at the 2nd Global Summit on P2P Digital Asset System Summit held in India. As a part of this association, XinFin will extend its TradeFinex platform to Assocham's network of 300+ trade associations and 450,000 members to minimize inefficiencies in trade and finance. Started with the World's fastest growing economy, TradeFinex platform will be rolled out globally to all leading trade associations in coming weeks. XinFin has already expanded its client base across Singapore, India, USA, Europe and currently working on 10+ pilot projects across aviation, travel, banking, supply chain management among others.





● XDC Specifications

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

Website
http://www.xinfin.org

Public BlockExplorer : http://www.xinfin.info




● What is XDCE?

XinFin moved 15 Billion XDC tokens (out of 100 Billion Max supply of XDC tokens) to a swappable token under the ticker, XDCE, which stands for XinFin ERC20. This 15 Billion XDCE token supply will allow 1:1 swap for all existing 15 Billion XDC tokens out in the circulation. All existing holders of XDC tokens will have an option to exercise 1:1 swap between XDC and XDCE at any point in time. As part of this swap, the user will have to surrender XDC tokens and XDCE tokens, received in lieu of the swap, will be transferred in Ethereum Wallet by the user.Vice a versa, a user can swap XDCE tokens purchased from other listed exchanges against XDC tokens using same 1:1 swap.

So, What's the difference between XDC and XDCE?

XDC has its own token standard called XDC01. XDC is the the underlying token for major use on the Tradefinex platform that will be adopted mainly by Financiers, Suppliers, etc to foster industrial and governmental projects.

XDCE will be the liquidity gateway for XDC, that's its main use. Since inevitably speculation and trading on many exchanges factors liquidity, XDCE will be the ERC-20 token for that. The supply of XDCE is derived from XDC so XDCE liquidity equals liquidity for XDC. And they are swappable 1:1.

For further information please have a look at our FAQ: https://www.xinfin.org/faq.php


We have sold 3B XDC Tokens during our Pre-ICO in mid 2017. (Hardcap hit)
We also sold 3B XDCE Tokens during our Ico (ended March 2018, Hardcap hit). We Raised around 15$ Mil USD.



● XDCE ERC 20 Specifications:
Circulating Supply: 6,000,000,000 XDC/E
Total XDCE coins: 15,000,000,000 XDCE
Max Supply: 100,000,000,000 XDC/E

● Contract address XDCE: 0x41ab1b6fcbb2fa9dced81acbdec13ea6315f2bf2 ; Etherscan

● Business White Paper : https://www.xinfin.org/resources.php

● Technical Summary and Architecture Overview : https://www.xinfin.org/resources.php








XDC Ecosystem:





Exchanges:

The full list of Exchanges can be found here: https://www.xinfin.io

Mercatox:
https://mercatox.com/exchange/XDCE/BTC
-
Bancor:
https://www.bancor.network/
-

TopBtc
https://topbtc.com/home/Market/index/market/ETH/coin/XDCE.html
-

IDEX:
https://idex.market/eth/xdce
-
Forkdelta:
https://forkdelta.github.io/#!/trade/0x41ab1b6fcbb2fa9dced81acbdec13ea6315f2bf2-ETH/


And some more...

XDC to XDCE and XDCE to XDC Swap able here:

https://alphaex.net/



● Token Allocation:

Founders Pool (25%) - Locked for 1 year and 1% only can be released every year. This ensures that the founders are committed to the project for long term

Ecosystem Development Pool (15%) - Locked and not more than 2.5% can be released every year

Pre-Placement and Follow on token Offerings (10%) - Locked and Milestone based release

Ecosystem Participation Incentives for masternodes (32.5%) - The payout for masternodes and institutions running their applications on the network. Not more than 3% to be released every year.

Hedge Pool (10%) - This supply absorbs the liquidity back in the pool or releases it effectively keeping it constant as a measure against price volatility.

Philanthropic and Social causes (5%) - Not more than 3% can be released every year. If not required to be released, it is locked.


● FAQ:
for Further information please see Our FAQ here

What will be total combine open supply in the market for XDC and XDCE Every Year?
Not more than 2.5% each year in reducing balance from ecosystem Development pool of 15% and not more than 3 % each year in reducing balance from 32.5% of masternodes rewards pool. Which come to around not more than 1.25B per year added Every year.

Why does XinFin has a huge combined supply of 100 Billion coins for XDC/XDCE?
Proof of Work driven public networks consume huge amount of electricity, have high transaction costs and has huge latency times. This makes them unsuitable for any real world mission critical applications. In the long term, a more practical consensus mechanisms will be built on Stake driven consensus. XinFin network is currently designed on PBFT+stake driven consensus which means participating entities such as masternodes and institutions have to stake their tokens. This simply means that in-spite of having 100 Billion tokens, most will be staked and locked for running masternodes, private subnetworks and various financial applications. Also the tokens have release schedule.
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June 28, 2017, 03:56:21 AM
 #2

Any plan for airdrop or bounty?


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June 28, 2017, 04:00:06 AM
 #3

Total coins: 100,000,000,000 XDC  that's the same amount with ripple

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June 28, 2017, 02:36:16 PM
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Any plan for airdrop or bounty?

Hi. No, we are a tool for financial markets. We will soon open up bug bounty section.
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June 28, 2017, 02:58:42 PM
 #5

Total coins: 100,000,000,000 XDC  that's the same amount with ripple



Yes. As the value of trades grows on our system we need XDC value to be in line with FIAT values.
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July 02, 2017, 09:04:27 PM
 #6

interesting ! I will buy some, will see what happend in the futur Smiley
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July 04, 2017, 12:13:53 PM
 #7

what will be the cost of 1000 XDCs ? (IN ETHERIUM)

Thanks ;-)

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July 04, 2017, 12:18:05 PM
 #8

japnese translation if needed
thanks
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July 04, 2017, 12:31:51 PM
 #9

want to reserve russian tranlstion if you will need.
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August 03, 2017, 07:01:21 PM
 #10

Joking?
Xedoscoin is not dead, not defunct?!?!. Maybe your scam is born dead. What is giving to the world your project - 100% premine, next time try 110 percent.
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August 05, 2017, 02:04:42 PM
 #11

any updates/news ?
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August 06, 2017, 05:31:28 AM
 #12

any updates/news ?

http://xinfin.net/index.php?threads/xinfin-xdc-network-roadmap.18/
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August 06, 2017, 05:42:22 AM
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 I am interested in this project, and certainly want to receive a lot of info, now i kown update of this project ,so keep your hard work sir
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August 06, 2017, 06:00:57 AM
 #14

can i reserve indonesian translation of this thread for the first time?? but if you needed.. it can be more interesting if you share the info in other forum..

FARASHA



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September 23, 2017, 05:19:42 PM
 #15

this coin is shitcoin
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September 23, 2017, 05:25:02 PM
 #16

Quote
Total coins: 100,000,000,000 XDC
Pre-mine : 100% (80% in Escrow)

What is your distribution plan? I want more info about the escrow and the other 20%.

Quote
Block time: 1 second

How would you convince miners to spend their powers on your coin when it's 100% premine and they will get only transaction fees?!
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November 30, 2017, 11:55:47 AM
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We sold about 3Billion tokens in pre-ICO to raise about $1.5 million. We believed these funds were enough to complete major development.

We are shortly going live with tradefinex.org which is a peer to peer financing platform for communitites, enterprises and Governments to eliminate trade inefficiencies using XinFins XDC01 Hybrid Protocol. The Hybrid state maintains private and public state on the same network. This is particularly important for sensitive financial data and projects.

We will be releasing 7 Billion tokens in phasewise manner to evolve the XDC protocol for decentralised peer to peer financing.

XinFin is evolved from ethereum platform due to which we are able to code smart contracts for allocating XDC token payouts for validator nodes. So they don’t have to burn electricity. Validator nodes also need to hold certain amount of XDC in escrow.

10 percent tokens are in hedge pool that provides intrinsic mechanism for price stability in trades in volatile markets.

Here is token distribution:

25% for core team - in escrow
10% for phasewise ICO of which 3% have been sold to pre ICO. 7% to be released in phasewise manner for evolving Blockchain.
15% for Long term organisational hires
5% for humanitarian
10% for hedge pool for intrinsic guarantee on trades
35% for master nodes allocated using smartcontracts. Master nodes are available for institutions and financiers who risk their capital for financing.

Quote
Total coins: 100,000,000,000 XDC
Pre-mine : 100% (80% in Escrow)

What is your distribution plan? I want more info about the escrow and the other 20%.

Quote
Block time: 1 second

How would you convince miners to spend their powers on your coin when it's 100% premine and they will get only transaction fees?!
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February 06, 2018, 04:29:50 PM
 #18

where you are working in india? can i get details?
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February 07, 2018, 05:51:34 AM
 #19

this coin is shitcoin

Why? What are the reason(s) to support that this is not just some baseless FUD?

[|NEO|ONT|XLM|WAN|ADA|ELA|VEN|EOS|NCASH|TRX|IOTA|>
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February 13, 2018, 05:13:15 AM
 #20

Seems like project backed by Indians, I will not spend a single penny in this project not because it is driven by Indian tards but because the team is not delivering any announcement here.

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