Introduction

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.

We are currently working on providing a peer to peer financing platform through XinFin XDC network directly into the IoT Enabled water Purifier ATM machine in remote villages in the parts of Africa and India that supplies clean drinkable water at a highly subsidised rate. The same architecture can be easily scaled up in the long term by the Governments or institutions to secure/raise finance from global investors for critical infrastructure projects the are neglected and glamour-less for investors. The applications of XinFin [XDC] platform are endless and can be applicable to institutional/retail as well as Government Financing. From the compliance aspect, XinFin XDC network will work with regulated or existing market makers or money changers in the long term.

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

Business White Paper : http://www.xinfin.org/white-paper-xinfin-xdc/

Technical Summary and Architecture Overview : http://www.xinfin.org/white-paper-xinfin-xdc/

Team Bios (Password Protected) :  http://www.xinfin.org/about-team/
[The team profiles have been password protected to avoid spam emails. The password is available on the same URL]

Youtube Video : https://www.youtube.com/watch?v=jLaqms1IHWE&t=20s

Note To Exchanges : XDC as an asset code is currently locked by a defunct/dead coin. XinFin is not in an way associated with the previously dead coin. We are “Exchange Infinite Development Contract”. We request the exchanges to reserve/allocate [XDC] as an asset code to the XinFin XDC Network.

Website
http://www.xinfin.org

How to Get XDC and Link to EWallet
http://www.xinfin.org/get_xdc/

Community Forum
http://www.xinfin.net

Github and BlockExplorer : Coming Soon

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