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Plugin-Awatarpay Partnership Empowering Healthcare with Digital Health Platform

Empowering Today’s Healthcare Via Robust and Blockchain-Backed Digital Health Platforms: the Plugin -Awatarpay partnership
Across the healthcare continuum, technological advances, and collaborations continue to unlock game-changing possibilities. In particular, the evolving digital healthcare landscape has made possible the transition to more personalized and patient-centric care. And while at the same time, ensuring that care is more omnipresent, less episodic, and fully integrated with the lifestyle of the population.
A case in point is the Plugin — Awatarpay partnership.
To have a better view of how blockchain-backed digital health systems can empower today’s healthcare, let’s take the Plugin — Awatarpay partnership as an example.
Plugin-Awatarpay
Partnership: Why it Matters
Following the COVID-19 pandemic, the use of tech innovations to improve the quality of care has skyrocketed. Moreso, the adoption of blockchain-based use cases in healthcare has grown tremendously, unleashing the benefits associated with patient-centric electronic health records, transparency in healthcare supply chains, and secure appointment data management systems.
In this light, the Plugin — Awatarpay collaboration seeks to build a robust healthcare platform for the numerous hospitals based in India. The platform will later launch and spread across the globe at a later stage.
Through the partnership, Awatarpay Pvt Ltd- an Indian-based bootstrap start-up that focuses on digital health platforms-and SUVIK Technologies LLC will leverage their industry-leading capabilities to build MedAwater. Through the guidance of the Senior Blockchain Manager and Principal Blockchain Solution Architect at SUVIK Group — Logeswaran Audhikesavan — , team Plugin will help develop a robust digital health platform that uses accurate, secure, and verifiable real-world data. This will enable MedAwatar to deliver cutting-edge healthcare services and solutions to its customers, guaranteeing the clients with data security & privacy, and peace of mind.
According to Nandhavignesh Ram, the CEO Awatarpay Private Limited, the partnership with SUVIK Group will offer a unique opportunity to enhance MedAwatar’s capabilities and provide greater value to customers. The CEO reiterated that XDC’s Plugin will ensure that the digital health platform is secure, reliable, and trusted — — a trait that’s of utmost importance in the healthcare industry.
On the other hand, Vinod Khurana, Co-founder of Plugin and CEO of SUVIK Group, pointed out that the partnership with Awatarpay Private Limited will bring numerous benefits associated with blockchain technology into the healthcare industry. In particular, Vinod noted that leveraging Plugin, which is built upon the XDC blockchain network, will permit MedAwatar to securely and accurately retrieve and verify real-world data. And, in turn, provide MedAwatar’s customers with the highest level of transparency and trust.
So, What’s MedAwatar ?
MedAwatar is an enterprise-level application that’ll leverage XDC’s blockchain technology to offer unique healthcare services. These services will range from safe, secure, and convenient scheduling of patient appointments to generating unique digital IDs for clients via a blockchain-based decentralized identity management system.
What Unique Benefits will the Plugin-enabled MedAwatar Platform introduce
1. Compliance: Leveraging Plugin’s decentralized oracle system and data networks, MedAwatar will seamlessly improve the verification of patient and healthcare practitioners ID’s, ensuring the privacy and security of sensitive health data. As well, the blockchain-based digital ID system will help get consent from patients on the use of protected healthcare information (PHI).
Compliance with laws and standards touching on patient information, through the Plugin-enabled Medawatar, will help healthcare facilities manage PHI-related risks and take precautions to avoid associated penalties. This is important in maximizing operational efficiencies and profits in today’s healthcare
2. Convenience: Leveraging the XDC network and Plugin’s oracle network, MedAwatar’s users will have a robust, secure and easily accessible digital health platform. Through the platform, patients and healthcare providers can benefit from ease of communication, ease of remodeling patient-doctor relations, and the improved treatment outcomes.
MedAwatar will help doctors make exceptional decisions that’ll go into improving a patient’s treatment outcomes. Some of these decisions may include recommending changes in diet, lifestyle, or treatment plans.
Over time, convenience, that’s associated with the blockchain-based healthcare platform, will introduce numerous benefits, improving the quality of healthcare in India and other nations.
3. Scalability: Designed on the XDC blockchain, which has transaction speeds of up to 2000 transactions per second, and leveraging XDC Plugin’s robust data oracle network, MedAwatar will introduce a highly scalable solution for healthcare facilities in India and other parts of the world.
4. Improving Workflows: Studies have shown that inefficient clinical workflows in healthcare result in considerable waste in today’s healthcare. However, the introduction of robust digital health platforms has the potential to improve workflows, cutting losses associated with inefficiencies.
In this light, the inception of an XDC-based and Plugin-powered enterprise-level application through the Plugin — Awatarpay partnership will be a game changer in improving workflows.
5. Eliminating No-shows and Resulting Costs: Patients not attending doctor’s appointments (also referred to as no-shows) significantly affect the cost of care and resource planning within today’s healthcare setup. No shows also lead to loss of anticipated revenue, particularly for healthcare services that are expensive and in high demand.
Over time, MedAwatar’s digital appointment scheduling system will help cut the number of no-shows, optimizing resource utilization and maximize revenues therein.
6. Interoperability: Interoperability, which stands for the ability of different tech systems to communicate and interact with one another, is another unique benefit that MedAwatar will introduce.
With high interoperability, MedAwatar will benefit from high scalability, fast operational speeds and nearly non-existent gas fees. This will help MedAwatar provide an exceptional healthcare platform, helping boost healthcare within India.
Final Thoughts: As the healthcare space continues to evolve, there’s a need to adopt solutions that consider new shifts in healthcare as well as leverage new innovations to boost the quality of healthcare. One of the unique ways to develop and integrate innovative healthcare solutions is through game-changing partnerships. An example: the Plugin — Awatarpay partnership.
Contact: Vinod Khurana @ Suvik Technologies FZE Sharjah Research, Technology and Innovation Park. Al Sharjah, United Arab Emirates https://goplugin.co/
Media Contact: Organization: Synergy Global Enterprise LLC Name: Gopi Divecha Address: 111 North Bridge Road #21–01, Singapore 179098 Website: https://airdropbounty.events/ | https://pixelproduction.com/ Email: [email protected] | [email protected] WhatsApp: https://wa.me/+6586940671
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Tokenizing the Future - A Comprehensive Guide to ERC-20, SPL, and XRC20 Standards

In the rapidly evolving digital world, the concept of digital assets, particularly in the form of crypto tokens, has taken center stage, marking a transformative era in the realm of blockchain technology. These digital assets, which are integral to Blockchain Token Development Services, are not just redefining transactions but also reshaping how we perceive value and ownership in the digital age.
At the core of this revolution is the ERC-20 standard, a beacon in the landscape of token development. Renowned for its versatility and wide acceptance, ERC-20 tokens have become a synonym for efficiency and compatibility within the blockchain ecosystem. This standard is universally supported by all EVM (Ethereum Virtual Machine) chains, including prominent names such as Binance Smart Chain, Polygon, and Avalanche. This universal compatibility not only streamlines the process of Token Development Services but also ensures that a token can thrive on various platforms without encountering interoperability issues.
On the other hand, the Solana blockchain ecosystem offers an alternative avenue for token creation, known as SPL tokens. Tailored specifically for Solana's architecture, these tokens leverage the blockchain's high throughput and low transaction costs, making them an attractive option for developers seeking efficiency and speed in their Crypto Token Development Company endeavors.
Additionally, the XDC Network has introduced its own token standard, the XRC20. This standard is designed to encapsulate the essential functionalities of fungible tokens, ensuring that tokens on the XDC Network maintain a consistent and reliable form of value transfer.
Creating an ERC-20 token is surprisingly straightforward, a fact that has significantly contributed to its popularity. The simplicity of launching a token on this standard has democratized access to Crypto Coin Development Services, allowing even those with minimal technical background to partake in the digital asset revolution. This accessibility is crucial, as it empowers a broader range of individuals and organizations to innovate and contribute to the blockchain space.
When discussing the ERC-20 standard, it's worth noting its unique position in the blockchain domain. This standard has effectively set a benchmark for token development, offering a balanced blend of flexibility, ease of use, and widespread acceptance. As a result, ERC-20 has become the go-to framework for creating tokens compatible with Ethereum and other EVM-compatible chains, epitomizing the universal language of digital assets across diverse blockchain platforms.
In conclusion, the landscape of blockchain token development is rich and varied, offering multiple avenues for creators and innovators. Whether it's the universal appeal of the ERC-20 standard, the specialized efficiency of SPL tokens on Solana, or the unique characteristics of the XRC20 standard on the XDC Network, developers are spoilt for choice. These diverse platforms not only cater to a wide range of needs and preferences but also collectively enrich the blockchain ecosystem, fostering an environment of innovation, collaboration, and continuous growth. As the blockchain domain continues to evolve, these token standards will undoubtedly play pivotal roles in shaping the future of digital transactions and asset management.
#nadcablabs#blockchain#Crypto Token Development Company#Token Development Company#Crypto Coin Development Services
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Ankr has announced a significant partnership with XDC Network, a Layer 1 blockchain platform for trade finance and asset tokenization. The partnership will enable Ankr to offer its Remote Procedure Calls (RPC) service to XDC Network, enhancing its performance, security and scalability. RPC is a protocol that allows applications to communicate with each other across different networks. Ankr’s RPC service provides a reliable and cost-effective way for developers and users to access various blockchain networks, such as Ethereum, Binance Smart Chain, Polygon and Solana. Ankr’s RPC service also supports Web3 applications, such as wallets, exchanges and decentralized applications (DApps), that require fast and seamless interaction with blockchain data. By integrating Ankr’s RPC service, XDC Network will be able to leverage Ankr’s global network of nodes and servers, which are distributed across more than 40 data centers in 15 regions. This will ensure that XDC Network can handle high volumes of transactions and queries while maintaining low latency and availability. Moreover, Ankr’s RPC service will provide XDC Network with enhanced security features like encryption, authentication, and firewall protection. XDC Network is a hybrid blockchain platform that combines the best features of public and private blockchains. It is designed to facilitate trade finance and asset tokenization by enabling enterprises and governments to create smart contracts and issue digital assets on a secure and compliant platform. XDC Network supports interoperability with other blockchain networks, such as Corda and Hyperledger Fabric. The partnership between Ankr and XDC Network will benefit both parties and the broader blockchain community. Ankr will be able to expand its user base and network reach, while XDC Network will be able to improve its user experience and network performance. The partnership will also foster more innovation and collaboration in the blockchain space, especially in trade finance and asset tokenization. Ryan Fang, co-founder and COO of Ankr, said: “We are delighted to team up with XDC Network to launch our RPC integration. XDC Network is one of the industry’s most innovative and promising blockchain platforms, with a strong focus on trade finance and asset tokenization. We are confident our RPC service will enhance their network capabilities and support their growth ambitions.”
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Everything about the XDC Network - Hybrid Blockchain

As technology evolves, so does blockchain technology. There are different kinds of blockchains. The first generation of blockchains focuses on the financial sector to make it a decentralized monetary system. Proof-ofwork is the foundation for first-generation blockchains. They make it possible to transact anonymously and decentralised using cryptography.
The second generation of blockchains is Ethereum. Smart contracts, which are a layer of terms that adds an additional layer to the blockchains, allow for more flexibility and control. Smart contracts have made it possible to vote, verify identities, eliminate intermediaries, and much more.
Next comes the third generation. The third-generation of blockchains addresses fundamental issues such as speed, interoperability, and scalability. A third-generation of blockchains has the unique ability to interoperate in nature. In the third-generation of blockchains, proof-of-stake is added to the consensus mechanism.
The XDC Network is the third-generation blockchain that is most in demand. Let's take a look at the XDC Network in detail.
What is XDC Network, exactly?
The XDC Network is a hybrid cryptocurrency that operates on the basis of the XDPoS consensus mechanism. The XDC Network enables hybrid relay networks, spontaneous block completion, interoperability, and hybrid relay bridges using the XDPoS. It features a hybrid architecture that is easy to use by developers.
XDC Network's democratic consensus and high transparency provide their users with digitalization, tokenization, quick trade transactions, and tokenization.
XDC Network focuses primarily on international finance. It has developed an extremely secure, permissioned, scalable and commercial-grade architecture. XDC Network uses a hybrid architecture to address the issues in global finance and trade. This helps the financial sector by providing instant and real-time settlement through smart contracts.
The XDC01 protocol powers XDC Network. The XDC protocol has been created to support both smart contracts and AML/KYC.
For further information about XDC Network Development Services visit us https://www.leewayhertz.com/all-about-the-xdc-network/
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What XDC Network development services does LeewayHertz provide?
Smart contract development
To serve diverse dApps, we provide smart contract development services for the XDC blockchain network. We offer architecture, auditing, and delivery of optimized smart contracts to our clientele in addition to design and implementation.
dApp development
Our blockchain architects are skilled at developing enterprise-grade decentralized apps (dApps) for clients using the XDC platform, allowing them to reduce time to market by increasing ROI.
Maintenance and support
We provide our clients with timely support and maintenance services to ensure that their dApps are optimized and not subjected to downtime. We offer assistance to clients who have existing decentralized applications as well as those who have their dApps developed by us.
#xdc network#what is xdc network#xdc#what is xdc#what is xdc used for#xdc staking#xdc blockchain#xdc crypto#xdc network crypto#xdcpay
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Top 10 Cryptocurrencies that You Should Avoid in 2021 | Shifu Digital
In this video, we'll go through 10 cryptocurrencies that you should avoid. Before you begin, please like this video and subscribe to this channel for future updates. In the year 2021, investing in cryptocurrencies has the potential to change the landscape of your investment portfolio. There is always the chance that you could lose your entire investment. In such a volatile investment like cryptocurrency, you need to be on the lookout for both the growth potential and dangers of various cryptocurrencies.
Is it safe to put money into cryptocurrencies? For the time being, cryptocurrencies are untrustworthy for a number of reasons, but other indications indicate that they are here to stay. There are many dangers connected with cryptocurrencies.
Cryptocurrencies rose month over month. Some coins, on the other hand, did not have such good fortune. Take a look at the ten cryptocurrencies that had the worst month of the year in July.
Number 10. Synthetix. It's decentralized finance (DeFi) platform that allows you to exchange crypto and non-crypto assets on the blockchain. This project was first released in September of 2017.
Number 9. Theta Fuel. Theta Token, which was created in 2017, is one of two tokens on the Theta blockchain (THETA). Theta Fuel is now trading at $0.3167 and has a market value of approximately $1,682 million. Its all-time high is $0.6807, and its all-time low is $0.0008894 (June 2021). (June 2021). TFUEL has returned more than 800% so far this year.
Number 8. yearn. finance. It is an aggregator service that was established in February 2020 with the aim of increasing investor access to the Defi (decentralized finance) sector. yearn.finance is currently valued $32,945.84 and has a $1,208 million market capitalization.
Number 7. Dogecoin. This currency, which was separated from Litecoin in December 2013, is mainly used by Reddit and Twitter users to reward them for creating or sharing great content. Dogecoin is now trading at $0.204, with a market capitalization of around $26,604 million. In May 2021, it hit an all-time high of $0.7376 and a low of $0.00008547.
Number 6. Celsius. It was founded in June 2018 to serve as a one-stop-shop for bitcoin users' banking and financial needs. Celsius has a market capitalization of $1,447 million and is now trading at $6.06. It reached an all-time high of $8.02 in January 2021, and a low of $0.02235. Over the first half of the year, CEL has generated more than 8% of growth.
Number 5. KuCoin Token. It's a profit-sharing token that lets consumers withdraw money from a cryptocurrency exchange. It was launched for the first time in 2017. It is regarded as one of the most effective methods of generating passive income.
Number 4. Telcoin. Telcoin users own this cryptocurrency, which was launched in July 2017. This project is described as a decentralized financial network's medium of exchange, reserve asset, and protocol token. Telcoin is now trading at $0.01747 and has a market value of about $950 million. It reached an all-time high of $0.0649 in May 2021, and a low of $0.00006516. So far this year, TEL has recovered more than 9,800 percent.
Number 3. XinFin Network. XinFin is a hybrid Blockchain technology firm that assists companies, mostly small and medium-sized enterprises, in maximizing their international trade and financial opportunities. XDC is now trading at $0.07507. On the stock market, it is valued at more than $920 million.
Number 2. Mdex. It's a decentralized automated market-making (AMM) exchange system that launched in January 2021. This currency is based on the idea of fund pools. Mdex has a market capitalization of $762 million and is now trading at $1.29. On February 20, 2021, it hit an all-time high of $10.06 and a low of $1.05.
Number 1. SHIBA INU. This Ethereum-based cryptocurrency, which debuted in August 2020, aims to provide an Ethereum-based alternative to Dogecoin's Crypt-based mining algorithm. According to SHIBA INU's WoofPaper, the mysterious team behind it developed it for three reasons:
What do you think of our video? Have you invested in cryptocurrencies? Is your business profitable or losing money? Remember this is not investment advice. Please share your thoughts in the area below.
Please like this video and subscribe to our YouTube channel to get future updates. Thank you so much for everything.
Thank you for watching us.
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Hashtags: ----------------- #Shifu_Digital #Top_10_Cryptocurrencies #Cryptocurrency #Top_10_Avoid_Cryptocurrencies #Top_10 #SHIBA_INU #Mdex #Telcoin #Dogecoin #Yearn_Finance #Synthetix #decentralized_finance
#kucoin token prediction#synthetix network#bitcoin price prediction#cheap altcoins#best cryptocurrency to invest 2021
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XDC Network Goes Full Throttle in Japan with SBI Subsidiary Partnership - Ready to Revolutionize the Crypto Industry

XDC Network Goes Full Throttle in Japan with SBI Subsidiary Partnership - Ready to Revolutionize the Crypto Industry XDC Network Goes Full Throttle in Japan with SBI Subsidiary Partnership - Ready to Revolutionize the Crypto Industry The XDC Network, a hybrid public/private blockchain platform designed for global trade and finance, has partnered with SBI Subsidiary, SBI Ven Capital, to bring their revolutionary blockchain technology to Japan. The partnership aims to revolutionize the crypto industry and provide a more secure, efficient, and cost-effective way for businesses to conduct financial transactions. This collaboration has been confirmed by the XDC Network team, who stated that this partnership will be instrumental in expanding their global reach and providing businesses in Japan with a fast and reliable blockchain infrastructure. The XDC Network aims to be the go-to blockchain platform for global trade and finance in Japan, and the partnership with SBI Ven Capital represents a major step towards achieving this vision. #XDCNetwork #SBI #Japan The Benefits of the Partnership The primary goal of this partnership is to provide businesses with a more efficient, secure, and cost-effective way to carry out financial transactions. The XDC Network's hybrid public/private blockchain platform is designed to facilitate faster, more secure, and more efficient transactions, which will benefit businesses looking to streamline their financial operations and reduce costs. The partnership with SBI Ven Capital will also help the XDC Network gain more visibility within the Japanese market. SBI Ven Capital is a subsidiary of SBI Holdings, one of the largest financial conglomerates in Japan, and has been involved in several successful ventures in the past. This partnership will undoubtedly bring more interest and attention to the XDC Network, which is poised to become a major player in the blockchain industry. By providing businesses with a faster, more secure, and efficient way to conduct financial transactions, the partnership between XDC Network and SBI Ven Capital is poised to revolutionize the crypto industry in Japan. #CryptoRevolution #Blockchain #Efficiency The Future of the XDC Network in Japan The XDC Network team is excited about the opportunities that the partnership with SBI Ven Capital will bring. They believe that their innovative blockchain platform will be a game-changer for businesses in Japan, and they are committed to providing the best possible service to their customers. The XDC Network will leverage SBI Ven Capital's expertise in the financial industry and their network of contacts to expand their reach within the Japanese market. They will also work closely with SBI Ven Capital to develop new products and services that will further enhance the XDC Network's capabilities. The XDC Network is poised to become a major player in the blockchain industry, and their partnership with SBI Ven Capital is a major step towards achieving that goal. #XDCNetwork #Blockchain #Japan Summary: The XDC Network has partnered with SBI Ven Capital, a subsidiary of SBI Holdings, to bring their revolutionary blockchain technology to Japan. This partnership aims to revolutionize the crypto industry by providing businesses with a more secure, efficient, and cost-effective way to conduct financial transactions. The XDC Network's hybrid public/private blockchain platform is designed to facilitate faster, more secure, and more efficient transactions, which will benefit businesses looking to streamline their financial operations and reduce costs. The partnership with SBI Ven Capital will also help the XDC Network gain more visibility in the Japanese market and expand their reach within the region. Overall, this partnership is a major step towards achieving the XDC Network's goal of becoming the go-to blockchain platform for global trade and finance in Japan. #XDCNetwork #BlockchainJapan #CryptoRevolution #BUSINESS Read the full article
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I researched VeChain (VET), here's what I found!

This is the fourth post of this style that I made, if you're interested I've made similar posts on Ergo, XDC & XLM.
Disclaimer: VET makes up about 5% of my portfolio
What is VeChain?
https://preview.redd.it/8izc6k5no9o71.jpg?width=780&format=pjpg&auto=webp&s=71a06e828445813bb5cbcd31bb1ad44e597c12da
Counterfeiting, supply chain management, food safety, parcel tracing, certificates.
All of these have something in common; They can all benefit from Blockchain technology.
VeChain uses blockchain technology to tackle the growing issues of supply chains. The digital identification of the assets on their blockchain will allow for transparent production lines, asset traceability & authenticity of said assets.
Started in 2015, it is focused on business applications, primarily in the logistics field through supply chain management that provides tracking, quality control, inventory management, and much more.
VeChain is a blockchain-as-a-service company that has supply chain management solutions for companies. They will use a wide variety of devices (IoT, RFID, NFC) to store data about a supply chain on their blockchain.
How this works is simple; Goods & products will get their own "tag". During the products' journey from point A to point B the data that is gathered from prior mentioned devices will be uploaded to the blockchain for everyone to see.
This might still be a bit confusing so let's use a real life example to further illustrate this:
VeChain and I-Dante Co-developed E-HCert, A Blockchain-based Covid-19 Records App For Mediterranean Hospital of Cyprus.
Everyone that got a covid-19 certificate will have an identifier of their certificate stored on the blockchain (let's say your Certificate ID). This allows anyone to check the authenticity of the certificate by seeing if your certificate ID has been published to the blockchain by the hospital's VeChain account.
By using blockchain the data gathered from digital assets becomes trustless and tamperproof, enabling valuable information to be shared between manufacturers, suppliers, transporters and customers. However, the methodology of this is unclear because VeChain have failed to release a whitepaper. This leaves the general public in the dark regarding how blockchain is actually utilised.
In short: VeChain's blockchain is a hub for people to put data on the blockchain, the VeChain company sets up infrastructure with other enterprises that will then utilise the VeChain blockchain
Proof of Authority
VeChain runs on a Proof of Authority (PoA) consensus model that requires nodes by authorized before they can participate in blockchain consensus. Once a node becomes authorized it joins the pool of other authorized nodes and each has an equal chance of publishing new blocks and receiving rewards. Under this system the rich nodes have no advantages, and there is no requirement for nodes to compete with one another and use vast amounts of resources.
Authority masternodes are the network maintainers of the VeChain blockchain. Each Authority Masternode or AM must hold at least 25 million VET tokens to become eligible. These nodes are the only ones that can pack new blocks on the blockchain and are rewarded by 30% of the transaction fee in each block. While anyone can become an AM, a person or organization must go through an ID verification and background check and be approved by the VeChain Foundation beforehand.
Because all authority master nodes can be trusted, blocks can be packed much faster and is more cost-efficient than PoW or PoS. AM nodes disclose their identity and stake their money and reputation for the right to produce new blocks.
Processing img xplnn6ga1bo71...
Although PoA has obvious advantages, and the VeChainThor blockchain continues to operate efficiently and securely, there are remaining limitations to this consensus method. One of these limitations is an inability to prevent a node from manipulating the entire system when it has the right to add a new block.
Because of these limitations the VeChain Foundation is working on the next generation of Proof of Authority, which they are calling PoA 2.0. This new version of PoA will give the network the stability and security needed to support the growing number of business use cases on-chain. According to the VeChain Whitepaper 2.0 the new PoA 2.0 will deliver:
Complete finality on blocks & transactions
Better stability for their Blockchain as a Service model
Faster-converging probabilistic finality, which will result in faster transaction confirmation for applications
Partnerships
Probably VeChain's strongest selling point is the heaps of partnerships it has.
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With LVMH, VeChain is developing a system that tracks limited edition luxury goods. Pirating of these types of products is widespread, especially in China and Southeast Asia. With LVHM’s broad offerings of luxury goods, this is a perfect partnership.
VeChain has also been working with DNV GL to increase the transparency of products from the factory or farm to the consumer. In this partnership, VeChain has developed a blockchain-powered digital assurance solution they’ve called MyStory.
Using this dApp consumers are able to learn about the story behind a bottle of wine from the vineyard, to the bottler, through distribution, and to their store’s shelves. All this is accomplished by simply scanning a QR code on the wine bottle.
VeChain depicted on wine bottles
The Team
The primary driving force behind the adoption of VeChain and the VET token is the VeChain Foundation, an organization founded in Singapore which governs and maintains the project, its development, and promotion. The Foundation is governed by the Steering Committee, which is elected every two years and is currently represented by the project founders.
Sunny Lu is the CEO of VeChain and one of the founding members of VeChain. Prior to founding VeChain, he was CIO at Louis Vuitton China. He has over a decade of experience working for Fortune 500 companies in executive IT positions.
Jay (Jie) Zhang was the CFO at VeChain, and is also a co-founder of the project. Due to the hack that occurred in December 2019, which he accepted full responsibility for, he has reportedly stepped down from his role as CFO, although the VeChain website still lists him as the project’s CFO. Prior to working at VeChain he was employed at Deloitte and prior to that he spent more than a dozen years with PwC. He was responsible for the design of the VeChain governance framework.
Kevin Feng is a partner at VeChain and acts as the COO of the project. He came to VeChain with over 12 years of experience working at PwC. His expertise is in risk assurance and cybersecurity, and he was a driving force behind the development of PwC’s blockchain services.
Jianliang Gu is the CTO at VeChain, coming from TCL & Alcatel’s R&D center he has more than 16 years of experience developing mobile hardware and software. He has amassed over 100 patents in the mobile communication field.
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from Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/pqrzim/i_researched_vechain_vet_heres_what_i_found/ via IFTTT
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Plugin-Awatarpay Partnership Empowering Healthcare with Digital Health Platform

Empowering Today’s Healthcare Via Robust and Blockchain-Backed Digital Health Platforms: the Plugin -Awatarpay partnership
Across the healthcare continuum, technological advances, and collaborations continue to unlock game-changing possibilities. In particular, the evolving digital healthcare landscape has made possible the transition to more personalized and patient-centric care. And while at the same time, ensuring that care is more omnipresent, less episodic, and fully integrated with the lifestyle of the population.
A case in point is the Plugin — Awatarpay partnership.
To have a better view of how blockchain-backed digital health systems can empower today’s healthcare, let’s take the Plugin — Awatarpay partnership as an example.
Plugin-Awatarpay
Partnership: Why it Matters
Following the COVID-19 pandemic, the use of tech innovations to improve the quality of care has skyrocketed. Moreso, the adoption of blockchain-based use cases in healthcare has grown tremendously, unleashing the benefits associated with patient-centric electronic health records, transparency in healthcare supply chains, and secure appointment data management systems.
In this light, the Plugin — Awatarpay collaboration seeks to build a robust healthcare platform for the numerous hospitals based in India. The platform will later launch and spread across the globe at a later stage.
Through the partnership, Awatarpay Pvt Ltd- an Indian-based bootstrap start-up that focuses on digital health platforms-and SUVIK Technologies LLC will leverage their industry-leading capabilities to build MedAwater. Through the guidance of the Senior Blockchain Manager and Principal Blockchain Solution Architect at SUVIK Group — Logeswaran Audhikesavan — , team Plugin will help develop a robust digital health platform that uses accurate, secure, and verifiable real-world data. This will enable MedAwatar to deliver cutting-edge healthcare services and solutions to its customers, guaranteeing the clients with data security & privacy, and peace of mind.
According to Nandhavignesh Ram, the CEO Awatarpay Private Limited, the partnership with SUVIK Group will offer a unique opportunity to enhance MedAwatar’s capabilities and provide greater value to customers. The CEO reiterated that XDC’s Plugin will ensure that the digital health platform is secure, reliable, and trusted — — a trait that’s of utmost importance in the healthcare industry.
On the other hand, Vinod Khurana, Co-founder of Plugin and CEO of SUVIK Group, pointed out that the partnership with Awatarpay Private Limited will bring numerous benefits associated with blockchain technology into the healthcare industry. In particular, Vinod noted that leveraging Plugin, which is built upon the XDC blockchain network, will permit MedAwatar to securely and accurately retrieve and verify real-world data. And, in turn, provide MedAwatar’s customers with the highest level of transparency and trust.
So, What’s MedAwatar ?
MedAwatar is an enterprise-level application that’ll leverage XDC’s blockchain technology to offer unique healthcare services. These services will range from safe, secure, and convenient scheduling of patient appointments to generating unique digital IDs for clients via a blockchain-based decentralized identity management system.
What Unique Benefits will the Plugin-enabled MedAwatar Platform introduce
1. Compliance: Leveraging Plugin’s decentralized oracle system and data networks, MedAwatar will seamlessly improve the verification of patient and healthcare practitioners ID’s, ensuring the privacy and security of sensitive health data. As well, the blockchain-based digital ID system will help get consent from patients on the use of protected healthcare information (PHI).
Compliance with laws and standards touching on patient information, through the Plugin-enabled Medawatar, will help healthcare facilities manage PHI-related risks and take precautions to avoid associated penalties. This is important in maximizing operational efficiencies and profits in today’s healthcare
2. Convenience: Leveraging the XDC network and Plugin’s oracle network, MedAwatar’s users will have a robust, secure and easily accessible digital health platform. Through the platform, patients and healthcare providers can benefit from ease of communication, ease of remodeling patient-doctor relations, and the improved treatment outcomes.
MedAwatar will help doctors make exceptional decisions that’ll go into improving a patient’s treatment outcomes. Some of these decisions may include recommending changes in diet, lifestyle, or treatment plans.
Over time, convenience, that’s associated with the blockchain-based healthcare platform, will introduce numerous benefits, improving the quality of healthcare in India and other nations.
3. Scalability: Designed on the XDC blockchain, which has transaction speeds of up to 2000 transactions per second, and leveraging XDC Plugin’s robust data oracle network, MedAwatar will introduce a highly scalable solution for healthcare facilities in India and other parts of the world.
4. Improving Workflows: Studies have shown that inefficient clinical workflows in healthcare result in considerable waste in today’s healthcare. However, the introduction of robust digital health platforms has the potential to improve workflows, cutting losses associated with inefficiencies.
In this light, the inception of an XDC-based and Plugin-powered enterprise-level application through the Plugin — Awatarpay partnership will be a game changer in improving workflows.
5. Eliminating No-shows and Resulting Costs: Patients not attending doctor’s appointments (also referred to as no-shows) significantly affect the cost of care and resource planning within today’s healthcare setup. No shows also lead to loss of anticipated revenue, particularly for healthcare services that are expensive and in high demand.
Over time, MedAwatar’s digital appointment scheduling system will help cut the number of no-shows, optimizing resource utilization and maximize revenues therein.
6. Interoperability: Interoperability, which stands for the ability of different tech systems to communicate and interact with one another, is another unique benefit that MedAwatar will introduce.
With high interoperability, MedAwatar will benefit from high scalability, fast operational speeds and nearly non-existent gas fees. This will help MedAwatar provide an exceptional healthcare platform, helping boost healthcare within India.
Final Thoughts: As the healthcare space continues to evolve, there’s a need to adopt solutions that consider new shifts in healthcare as well as leverage new innovations to boost the quality of healthcare. One of the unique ways to develop and integrate innovative healthcare solutions is through game-changing partnerships. An example: the Plugin — Awatarpay partnership.
Contact: Vinod Khurana @ Suvik Technologies FZE Sharjah Research, Technology and Innovation Park. Al Sharjah, United Arab Emirates https://goplugin.co/
Media Contact: Organization: Synergy Global Enterprise LLC Name: Gopi Divecha Address: 111 North Bridge Road #21–01, Singapore 179098 Website: https://airdropbounty.events/ | https://pixelproduction.com/ Email: [email protected] | [email protected] WhatsApp: https://wa.me/+6586940671
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New Post has been published on https://coinprojects.net/u-s-congress-submits-18-crypto-bills-in-2021-visa-buys-150k-cryptopunk-microstrategy-snaps-up-more-btc-hodlers-digest-aug-22-28/
U.S. Congress submits 18 crypto bills in 2021, Visa buys $150K CryptoPunk, MicroStrategy snaps up more BTC: Hodler’s Digest, Aug. 22-28
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.
Top Stories This Week
Congress has put forward 18 bills on digital assets in 2021 so far
The U.S. Congress has been ramping up its efforts to provide a regulatory framework for crypto in 2021 and has put forward 18 bills concerning digital assets and blockchain tech so far this year.
According to an Aug. 22 analysis from former Federal Deposit Insurance Corporation regulator Jason Brett, the current 117th Congress differs from its predecessor in that it has been focusing on regulation concerning decentralized assets as opposed to private stablecoins.
It was also reported this week that the contentious $1 trillion infrastructure bill will see a vote in the House of Representatives by Sept. 27 — without any amendments to the controversial crypto tax provisions.
Visa invests $150,000 in NFT CryptoPunk asset
This week Visa, Visa spent $150,000 on a tokenized JPEG of a pixel art punk, better known as a CryptoPunk NFT. The firm announced the news in an Aug. 23 blog post, with Cuy Sheffield, the head of crypto at Visa, teasing that the firm may be looking at a prolonged stay in the sector.
“To help our clients and partners participate, we need a first-hand understanding of the infrastructure requirements for a global brand to purchase, store and leverage an NFT,” he said.
Visa purchased CryptoPunk 7610 — a female figure with a mohawk, green clown makeup eyes and lipstick. Obtaining an “understanding of the infrastructure requirements” in purchasing an NFT mustn’t have taken long, as all you need to do is buy it and store it in your wallet. It’s not rocket science.
Budweiser also joined in the action by purchasing a fan art NFT for 8 Ether (ETH), worth roughly $25,000. The NFT depicted a Budweiser-branded rocket that would take five minutes to whip up on Adobe Illustrator. The beer producer also spent 30 ETH, or $94,000, on the domain name Beer.eth through Ethereum Name Service on OpenSea.
PayPal launches crypto services for UK customers
Global payments provider PayPal announced the rollout of its crypto services for customers in the United Kingdom this week.
PayPal first launched its crypto services less than a year ago, and this is the first time it has expanded crypto support beyond U.S. shores.
The firm will initially allow customers to buy, sell and hold crypto assets including Bitcoin (BTC), Ether, Litecoin (LTC) and Bitcoin Cash (BCH). However, crypto transactions for PayPal business accounts aren’t supported yet.
MicroStrategy splashes $177M on Bitcoin, now holds almost 109,000 BTC
MicroStrategy, led by Bitcoin apostle Michael Saylor, has snapped up another $177 million worth of digital gold. The latest purchase takes the firm’s tally up to 108,992 BTC, which cost a mere $2,918 billion overall.
The average purchasing price for its BTC sits at approximately $26,769 per coin. With the price of BTC sitting at $47,584 at the time of writing, MicroStrategy’s holdings are valued at $5.1 billion.
It is a foregone conclusion that Saylor is “all in” on BTC at this stage. However, it is yet to be seen if he will respond to crypto skeptic Peter Schiff’s call out for a debate. Schiff faced off against Anthony Scaramucci this week over whether gold or BTC is a better store of value. After he won, he stated in jest:
“I just gotta say one thing: Michael Saylor, stop ducking me, I know you’re out there.”
Binance denies allegations of market manipulation
Major crypto exchange Binance came out swinging this week as it pushed back against allegations of market manipulation and trading against its users.
The firm is currently facing regulatory scrutiny and, in an Aug. 23 Twitter thread, Binance seemingly laid the blame of assertions of market manipulation on publications spreading FUD, along with people impersonating Binance employees.
The firm stated that, while it works on its compliance targets with regulators, it expects “fewer FUD-peddlers and individuals with malicious intent,” and went on to warn:
“Binance reserves the right to take legal action to protect its interests and welcomes responsible whistle-blowing that protects the trust of our community.”
Winners and Losers
At the end of the week, Bitcoin is at $48,373, Ether at $3,233 and XRP at $1.14. The total market cap is at $2.08 trillion, according to CoinMarketCap.
Among the biggest 100 cryptocurrencies, the top three altcoin gainers of the week are Tezos (XTZ) at 46.33%, Avalanche (AVAX) at 33.86% and Celo (CELO) at 31.97%.
The top three altcoin losers of the week are Audius (AUDIO) at -21.08%, XinFin Network (XDC) at -13.99% and SushiSwap (SUSHI) at -12.76%.
For more info on crypto prices, make sure to read Cointelegraph’s market analysis.
Most Memorable Quotations
“As long as the statute says that software developers, miners, stakers must do the impossible, there is no lawyer who would advise them to risk operating in violation of laws whose penalties for non-compliance would easily bankrupt them.”
Lawrence Zlatkin, Coinbase global vice president of tax
“In the last year, we’ve seen a significant shift in how the global financial ecosystem is thinking about new business models fueled by digital assets, and how this is playing a meaningful role in financial infrastructure.”
Linda Pawczuk, principal at Deloitte Consulting
“We will want to wait for all the regulatory things. Of course, crypto is an area which is extremely interesting, and is the biggest buzzword and is doing exceptionally well. But we would want to understand more on the regulation side.”
Manu Jain, managing director of Xiaomi India
“A trading platform that offers derivatives on digital assets to U.S. persons without registering, or in violation of CFTC trading rules, is subject to the CFTC’s enforcement authority.”
Dawn Stump, commissioner at the U.S. Commodity Futures Trading Commission
“When you have a good crypto wallet like Novi will be, you also have to think about how to help consumers support NFTs.”
David Marcus, head of Facebook Financial and co-creator of Diem
“Be wary of investment opportunities with low risk and high returns. If something sounds too good to be true, it probably is.”
Delia Rickard, deputy chair of the Australian Competition and Consumer Commission
“Binance has never traded against our users nor manipulated the market, and we never will.”
Binance
“With our CryptoPunk purchase, we’re jumping in feet first. This is just the beginning of our work in this space.”
Cuy Sheffield, head of crypto at Visa
“I think this cryptocurrency revolution and Bitcoin specifically, because of its scarcity, is going to transcend gold. It’s more portable, it’s impregnable in terms of the transaction over the blockchain […] and it’s being adopted quite rapidly.”
Anthony Scaramucci, Skybridge founder
Prediction of the Week
Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats
Bitcoin regained the $50,000 price level this week, although the asset subsequently fell several thousand dollars as part of a price correction, fluctuating between $45,000 and $50,000 for most of the week.
During the month of August, the moving average convergence/divergence (MACD) indicator on Bitcoin’s weekly price chart formed and continued through a cross of the indicator’s two lines, and jumped to green on its histogram (the bar part at the bottom of the indicator).
What does it mean? Well, nothing is certain, but according to reporting from Cointelegraph’s William Suberg, the last time Bitcoin’s MACD indicator acted similarly (last fall), the asset’s price grew by more than five times in value in the following half dozen months. BTC could potentially rise above $200,000 if things play out comparably, according to Suberg.
FUD of the Week
Google bans 8 ‘deceptive’ crypto apps from Play Store
Google, the Silicon Valley-based tech overlords, took down eight fraudulent crypto apps from its Google Play Store this week.
Fraudulent crypto-themed mobile apps have been popping up more frequently over the past 12 months, and they usually operate under the false pretext of offering cloud mining services.
According to a recent report from Trend Micro, the apps were charging around $15 a month for their fake services and extra for “increased mining capabilities” — all while duping users into watching paid ads.
The reportedly fake crypto apps included mining services such as BitFunds, Bitcoin Miner, Daily Bitcoin Rewards, Crypto Holic and MineBit Pro, to name a few.
Poll shows Brits concerned over the prospect of a digital pound
According to a survey conducted by Redfield & Wilton Strategies on behalf of Politico, 30% of British adults hold concerns over a Bank of England-issued central bank digital currency, or CBDC.
For some reason, the notion of having a programmable government-backed CBDC that can track all of their spending habits doesn’t sound appealing to them. If they think that’s bad, just wait until they hear about the insatiable appetite for personal data that Apple, Google or Facebook has.
There were 2,500 British adults surveyed in the study during early August, with 24% believing that it could be beneficial, while 46% were undecided.
Coinbase users angry with customer support after funds disappear from accounts
Top U.S. crypto exchange Coinbase was facing backlash this week for terrible customer service in relation to users reporting hacks and being drained of funds.
According to an Aug. 24 investigation from CNBC, thousands of disgruntled customers across the U.S. have lodged complaints against the company, and are unhappy with the lack of response from Coinbase when dealing with hacks and stolen funds.
“Interviews with Coinbase customers around the country and a review of thousands of complaints reveal a pattern of account takeovers, where users see money suddenly vanish from their account, followed by poor customer service from Coinbase that made those users feel left hanging and angry,” CNBC stated.
Best Cointelegraph Features
Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts
“This is completing the revolution that was started with the internet.”
London’s impact: Ethereum 2.0’s staking contract becomes largest ETH holder
The aftereffects of the London upgrade begin to emerge as the Eth2 staking contract becomes the single largest Ether holder.
The new episode of crypto regulation: The Empire Strikes Back
A decentralized exchange reckoning is coming — and it’s bigger than the infrastructure bill — thus, the DeFi community must be ready.
Source link By Cointelegraph By Editorial Staff
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#Altcoin#Binance#Bitcoin#BlockChain#BlockchainNews#BNB#crypto#CryptoExchange#ETH#Etherium#RippleNetwork#XRP#Blockchain#CryptoPress
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In the rapidly evolving world of blockchain technology, the XDC Network has emerged as a promising player, gaining widespread recognition and support from regulatory bodies and corporations alike. This wave of endorsement comes on the heels of a significant partnership between Fluent Finance, a leading blockchain and fintech development firm, and Impel, a company specializing in financial messaging and blockchain integration. The collaboration has set the stage for a new era of enterprise-focused blockchain solutions. The XDC Network, tailored for enterprise-grade financial services, has garnered attention for its innovative approach and commitment to security and transparency. The network’s regulatory-forward stance provides an ideal environment for the integration of blockchain technology, particularly in the realm of stablecoins. The crux of the partnership between Fluent Finance and Impel revolves around the introduction of the US+ stablecoin to the XDC Network. Known for its regulator-friendly design, US+ is set to make a profound impact on the digital currency landscape. It maintains a 1:1 ratio with the U.S. Dollar, offers real-time audits and boasts backing by vetted federated banking partners. This unique approach addresses a critical challenge in the world of stablecoins, eliminating counter-party risk and creating a more secure and regulated ecosystem for digital currencies. The partnership also signifies a major shift in how businesses conduct transactions. Fluent Finance’s federation of banks will play a pivotal role in minting and redeeming US+ on and off the XDC Network. This initiative is set to open doors for cross-border payments, international trade, and instant settlement, all underpinned by blockchain technology’s security and transparency. The successful deployment of US+ smart contracts on the XDC Network serves as a proof of concept for this partnership. It underscores the collaborative spirit and smooth integration between Fluent Finance and Impel, promising a bright future for the stablecoin ecosystem. Troy S. Wood, CEO and Founder of Impel is equally enthusiastic about the partnership, citing Fluent’s strong management team and regulatory soundness as key factors contributing to its success. The XDC Network, designed specifically for enterprise-grade trade finance and payments, aligns perfectly with Impel’s mission to provide secure, stable, and efficient financial solutions. The ISO 20022 financial messaging API and the R3 Corda | XDC Network Bridge, which forms part of Impel’s offerings, provide innovative solutions for settling debt obligations on the blockchain, disrupting traditional methods. 1/ Fluent is pleased to announce our activity in the UAE Ministry of Economy’s NextGen FDI programme, per @Zawya.We are as excited to develop and implement deposit token infrastructure in the UAE as we are grateful for the support of @ThaniAlZeyoudi.https://t.co/RPOPPZG0cV— Fluent Finance (@FluentDAO) October 11, 2023 Fluent Finance has shared exciting news as they join the UAE Ministry of Economy’s NextGen FDI program. This strategic move underscores Fluent’s commitment to advancing deposit token infrastructure in the UAE, a region known for its forward-looking approach to financial technology. The company expresses deep gratitude for the support received from His Excellency Dr. Thani Al Zeyoudi, recognizing the UAE’s vital role in fostering innovation and growth in the fintech sector. This marks a promising step toward realizing their vision for a more efficient and secure financial ecosystem in the UAE and beyond.In addition to the blockchain and fintech industry, Fluent Finance’s inclusion in the UAE’s NextGen FDI program marks an important step in the broader adoption of blockchain technology. The company’s innovative approach to cross-border trade, facilitated by bank-issued cryptocurrencies and stablecoins, aligns with the UAE’s vision to embrace advanced technology tools in global supply chains.
It also complements the UAE’s Comprehensive Economic Partnership Agreement program, aimed at achieving frictionless trade between the UAE and an increasing number of nations across the world. In summary, the partnership between Fluent Finance and Impel, the adoption of the US+ stablecoin on the XDC Network, and Fluent’s inclusion in the UAE’s NextGen FDI program signify a bright future for enterprise-focused blockchain networks. This collaboration showcases the potential of blockchain technology to revolutionize the fintech and enterprise sectors, offering enhanced security, transparency, and efficiency, ultimately shaping the future of finance in the digital age.
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XDC Foundation, in collaboration with LeewayHertz
About XDC Network
The XDC Network is an enterprise-ready hybrid blockchain, optimized for Global Trade and Finance. The network combines the power of public and private blockchains with interoperable smart contracts.
About LeewayHertz
Headquartered in San Francisco, LeewayHertz is a full-service blockchain consulting firm having diverse experience in development, consulting and promoting enterprise-grade dApps. The company echoes the motto of “You dream it; We build it.” With experience building over 30+ blockchain apps used by millions of users, they know how to convert ideas from concept to reality.
Read more: https://www.leewayhertz.com/xdc-foundation-in-collaboration-with-leewayhertz-is-set-to-transform-the-global-trade-and-finance-space-with-sustainable-blockchain-products/
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PR: Former Head of Strategy & Operations Consulting at KPMG Joins XinFin Platform
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
Singapore, May 27- S. V. Sukumar, the former Partner and Head of Strategy and Operation Consulting at KPMG and a prominent thought leader joined XinFin as a Senior Advisor.
Mr. Sukumar has more than 40 years of diverse experience in industrial and management consulting and has served fortune 500 brands globally. A pioneer in implementing management concepts like TQM, Six Sigma, and Lean, he strategized and improvised performance in Financial Services, Supply Chain, Consumer and Industrial Products, Pharma, Automobiles, etc., helping clients to enhance revenue and reduce costs thereby driving growth in the global competitive market.
XinFin has developed a hybrid blockchain technology constituting the best features of private and public blockchains known as XDC protocol. This protocol supports smart contracts over digital assets, cryptocurrency and industrial applications. Some of the prime business use cases developed by XinFin’s team are wallets, financial applications for cross border payment, remittance sale etc.
As a consultant and advisor, Sukumar will be unravelling the hybrid blockchain for business users and will be directly responsible for connecting the technology with industrial usage therefore demystifying the underlying advantages to create concrete awareness. With his diverse and vast experience, he will be strategizing the business implementation by enabling clients to integrate blockchain in their current industrial use case and providing a required management support for comprehensive amalgamation therefore, driving profitable growth.
An enthusiastic Sukumar shared, “Blockchain holds huge potential to disrupt multiple industries by improvising business processes as a mediator, I will connect the two parallels of blockchain and business. XinFin comprises of a dynamic young team focused on developing a revolutionary technology hence, it’s a great opportunity for me to be a part of this revolution.”
On the preceding development with XinFin Fintech Co-Founder Peter Yeo stated, “His immense experience, network and passion for client service will help XinFin grow leaps and bounds with compliance Blockchain solution with large enterprise.”
About XinFin XinFin is an open source Hybrid Blockchain protocol initiated out of Singapore. XinFin Network [XDCE] is a utility network that lets enterprises deploy real world applications on Hybrid Blockchain Protocol in a conducive, compliant and regulation friendly environment for diverse use cases in trade, finance, remittance, supply chain, healthcare and other industrial areas to improve business efficiency. The XDC Dev Environment encourages developers to build DAPPs using smart contracts. The XinFin community derives its success from the ecosystem comprising of developers, network utility and long term backers.
Follow XinFin on Twitter (@XinFinF), on Telegram and on Slack (https://ift.tt/2zwDqpD).
Supporting Link http://xinfin.org/ Contact Email Address [email protected]
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
The post PR: Former Head of Strategy & Operations Consulting at KPMG Joins XinFin Platform appeared first on Bitcoin News.
PR: Former Head of Strategy & Operations Consulting at KPMG Joins XinFin Platform published first on https://medium.com/@smartoptions
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PR: XinFin Unveils XDC, the Hybrid Blockchain Protocol; Opens Its Utility Token Sale
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.
XinFin opens token sale of it’s utility tokens, unveils the first of it’s kind hybrid blockchain XDC protocol
Singapore based XinFin unveiled the first of its kind Hybrid Blockchain protocol architecture for enterprise adoption for global trade and finance market, opens sale of it’s utility tokens.
XinFin unveiled its Hybrid Blockchain network, powered by the XDC protocol. The XDC protocol enables real world enterprises to work with Blockchain and digital assets ecosystem with a network architecture that combines best features of public blockchains and private networks. The XDC protocol has been architected to make it compliant with laws of the land and can work purely as a messaging layer for existing and approved payment mechanisms in any country.
The ERC20 utility token XDCE is hosted on decentralised ethereum Ecosystem and will let global enterprises work with XDC Protocol. The XDCE utility tokens are now available through it’s public ICO. The utility tokens will help get access to the XDC protocol and its subnetworks by hosting XDC masternodes.
Youtube : https://www.youtube.com/watch?v=K-tHZkV6zAs
Token Sale Page : www.xinfin.io
XinFin raised over USD 1.5 million in a private sale in July-August 2017 and utilized the funds to build it’s XDC hybrid blockchain protocol and the tradefinex.org app meant for bridging the global infrastructure deficit. Over a half a dozen PoCs have been completed on the XinFin network and the proceeds from current round of token sale will be used to extend the PoCs into sizeable pilot projects with enterprises and institutions around the world. The funds will also be utilized for ecosystem development and masternodes proliferation of the XinFin network amongst institutions.
“The major hurdles for mainstream adoption of Blockchain ecosystem is the power intensive mining process, highly congested trust less networks, security and scalability. The XDC protocol is designed considering real world applications in global trade and finance. It has also been designed to make sure the enterprises that work with XDC protocol can work with full regulatory compliance.” Said Alex Mathbeck, head of marketing at XinFin.
“XinFin has architected its hybrid network from a fork of Quorum. The network consensus is two tiered. Along with a PBFT derived consensus mechanism between nodes, XinFin has implemented a stake based rule set that governs node participation. The network maintains a private state and a public state. Private state ensures that the sensitive financial data is secure yet at the same time its public state makes it transparent and verifiable. The architecture makes the XDC protocol secure, scalable and lightning fast. Its Hybrid nature also makes it highly interoperable with legacy systems and other Blockchain platforms. XinFin network is highly compatible with the Ethereum network and its smart contracts while the underlying fuel is very cost efficient making transactions costs negligible. IoT layer over the XDC protocol allows real time state change to the Blockchain. The XDC protocol will support utility tokens in compliant jurisdictions to run on the XDC protocol.” Said Karan Bharadwaj, CTO of XinFin.
“The various tiers of XinFin master nodes makes it flexible for participants to work with the XDC protocol in a secure environment. The XDC can act as a pure messaging and confirmation layer using existing payment rails or as a settlement layer through approved and regulated institutions.” added Mr. Alex Mathbeck.
Tradefinex.org is the first of the distributed app launched in beta environment that uses the XDC protocol. TradeFinex is a smart contracts User Interface for global trade and finance using XDC Protocol. Tradefinex application is aimed at helping enterprises and policy makers to minimize inefficiencies in the $27 trillion annual infrastructure and international trade market. TradeFinex platform was inaugurated at the 2nd Global Summit on P2P Digital Asset System Summit held in India and is being extended to leading trade associations, financial institutions and regulators worldwide.
XinFin network has initiated onboarding of global alliances and developer communities to build disruptive Apps on XDC protocol to improve business process efficiency.
Telegram : https://t.me/xinfintalk
Contact Email Address [email protected] Supporting Link http://xinfin.io
This is a paid press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or `reliance on any content, goods or services mentioned in the press release.
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