Smartereum: One of the leading information services company features XinFin

Discussion in 'XDC Development' started by Kavita Gupta, Dec 7, 2017.

  1. Kavita Gupta

    Kavita Gupta Active Member Staff Member

    XinFin Launches Enterprise-Grade Blockchain Platform


    XinFin is working on a hybrid blockchain with a focus on making security more robust. According to XinFin CTO Karan Bhardwaj, the transparency of the blockchain technology can also be used negatively to compromise the security of transactions. The hybrid blockchain would be known as XDC blockchain and would be highly useful for enterprise users as well. The blockchain would have two models – one that is public and another private.

    With the value of Bitcoin increasing by the day, companies have been paying a lot more attention to the technology behind Bitcoin which is the blockchain. Many of the investors actually consider Bitcoin as a lucrative investment even now. However, the real benefit of Bitcoin is the blockchain technology on which, the cryptocurrency works. Many companies are trying to leverage the power of the blockchain to strengthen their financial systems and to conduct the financial transactions more easily.

    XinFin claims that with the help of their hybrid model, most enterprises would be able to conduct their transactions privately while the information can be verified by a record in the public state of the blockchain.

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