Alphaex positioned itself as a medium to bring more Xinfin coin holders into the network’s master node program as it announced XDC staking on June 21st with a minimum of 100,000 XDC and a maximum of 5,000,000 XDC. This can be seen as a community staking option focused on onboarding more holders to experience and enjoy the master node program.
Blockchain Technology is for Everyone: Xinfin is working
Xinfin’s master nodes require a minimum of 10 Million coins to set up. This is worth about 40 thousand USD at the time of writing. This can be very huge for many holders which is one of the reasons why Alphaex launched a community node with a minimum of 100,000 coins which is worth about 400 USD and affordable to many. The exchange has been a great support for the Xinfin blockchain since its inception. It was the first exchange to list XDC coins and provide XDC to the XDCE swap. XDCE is the Ethereum based Xinfin token. The exchange in a recent release described how users can stake their XDC coins easily on the exchange.
Blockchain Technology is an Angel to World’s Trade Finance
Xinfin itself has been forward-thinking in its decisions to help create a seamless trade finance platform based on blockchain technology. June 22nd, the Xinfin network joined the International Trade and Forfaiting Association (ITFA) to further its vision to help the trade finance industry in the tokenization of assets. ITFA is a 21-year-old, 300+ member community trade association for key players in the world’s trade finance. The inclusion of Xinfin protocol in ITFA will accelerate the growth of its member bodies as they utilize a hybrid blockchain which is designed specifically to meet their needs.
Tokenization of assets and sensitive data for the trade finance industry will ensure its security and speed of transfer or sharing in a private network. Since file transfers occur via tokenization on the blockchain technology, the privacy of data sent can be assured with Xinfin’s private blockchain attribute. Blockchain technology has also ensured that transactions are not restricted to Borders – essentially, transactions are borderless. These advantages will aide the financing process for the trade finance industry as interactions between parties involved will be smooth and without restrictions.
Xinfin’s recent development updates show that the project team has a lot more in stock for the community and sure enough, XDC price growths respond well to these updates. The community themself have a lot of faith in the works of the team members as they patiently await these updates.
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