XinFin.org recently completed Africa awareness program across three nations in Africa, has kicked off several IoT projects in Asia. The organization also plans to follow regulatory standards for it’s upcoming ICO.
XinFin.org recently completed it’s platform awareness drive across three nations in Africa. Awareness drives included engaging with business community as well as Government officials. Botswana program was held from 28th June till 5th July in Botswana. Zambia program was held from 18th to 23rd July and Kenya program was held from 31st July till 1st August. The awareness drive included introduction to XinFin’s upcoming tradefinex platform that brings buyers, sellers and financiers on a single platform powered by the XinFin XDC tokens. TradeFinex platform is especially designed for businesses with fundamental business value without existing credit ratings that enables trade and finance using the XinFin platform.
Afrikanus Kofi Akosah Adusei, Africa Community Manager addressing the business community Stated, “Infrastructure deficit in Africa is over 90 Billion dollars annually and it has a lot to do with inefficiencies in trade and finance practices. Also the fact that global trade and financing is still a loosely connected process tied to several risks. XinFin’s XDC token is a community driven digital asset designed to hedge risks in global trade and finance. Our upcoming TradeFinex platform will see a great participation from businesses in Africa.”
“XinFin has initiated a series of IoT projects across Asia in India and Singapore. Projects in India include a IoT enabled solar power plant that uses smart contracts on the XinFin XDC platform to trade generated energy back to the grid. The Solar project once complete, is massively scalable and will be showcased to countries across the world for a one stop smart-metering, transacting and financing mechanism. Other projects include IoT enabled transactions for the waste handler machine.” said Alex Mathbeck, Head of Marketing of XinFin.org
“We wish to make XinFin a fundamentally driven business platform that enhances in value and has real products to offer around the time of it’s ICO which will be announced in a short while. The ICO proceeds will go into execution of real projects that have tangible value in the world. We also wish to inform that XinFin will comply with recent regulatory announcements around ICOs” added Mr. Alex Mathbeck.
“XinFin platform is open to early backers before the ICO and will continue to develop strong underlying blockchain platform along with pilot projects that can rapidly scaled up and implemented in real world along the regulatory standards.”
XinFin.org ewallet is available on: https://ewallet.xinfin.org
This is a sponsored story.
Featured image from Shutterstock.
AlipayHK Opens Blockchain Remittance Corridor to the Philippines
Ant Finance, the payment affiliate of Chinese e-commerce giant Alibaba, has launched a blockchain-based cross-border settlement service for consumers.
According to a local news report, Ant Finance
Crypto Exchange Huobi Poaches App Exec to Lead New US Branch
A senior executive from the provider of China's top photo-retouching app, Meitu, will now lead HBUS – the new U.S. arm of cryptocurrency exchange Huobi.
According to an announcement on Monday, Fran
Bitcoin Miner BTCC to Sell Stake in Pool for $17 Million
BTCC Pool Limited, the mining pool business of cryptocurrency exchange BTCC, has provisionally agreed to sell 49 percent of its equity.
According to a memorandum of understanding (MOU) published on
Bitcoin Lose $230 Billion in 6 Months, No Panic! $406 Billion Wiped off Chinese Stocks in ONE day
Bitcoin price hit a yearly low around $5,781 at 16:00 (GMT+8) June 24. The recent drop has seen bitcoin lose more than 70% from $20,000 since its all-time high price last December.
As the original
Mt. Gox Victims May Get Their Compensations in Bitcoin by 2019
June 22, The Tokyo District Court put on hold the ongoing bankruptcy proceedings and started civil rehabilitation proceedings for Mt. Gox. Its former customers may be able to recover their lost crypto
Quebec Weighs Plan to Sell 500 Megawatts to Crypto Miners
Quebec's public power utility has submitted plans to the provincial government that could clear the way for Hydro-Quebec to set up a new framework through which to work with cryptocurrency miners.
Ether Price Drops to 10-Week Low Near $400
The price of ethereum, the world's second largest cryptocurrency by market capitalization, has to a level not seen since April 12.
Data from CoinDesk's price index shows the cryptocurrency dropped
Another Bitcoin Miner Maker Is Seeking to Go Public in Hong Kong
Ebang Communication, one of the largest bitcoin mining chip makers in China, is seeking to go public on the Hong Kong Stock Exchange (HKEX).
The company filed an application for an initial public o