TradeFinex on XinFin Hybrid Blockchain enables Unbanked Population with P2P Trade Finance
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6 سال پیش
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TradeFinex on XinFin Hybrid Blockchain
TradeFinex on XinFin Hybrid Blockchain enables Unbanked Population with P2P Trade Finance
The current banking and financing situation
Today, a sizeable percentage of people don’t have access to existing banking and financial systems which leads to a huge economic disparity. Apparently, the absence of support infrastructure makes existing banking and financial systems incapable of reaching remote locations resulting in people resorting to informal systems of banking.
Blockchain technology solving the situation
Traditional trade finance that comprises of middlemen and selective financial institutions makes it inefficient and time-consuming. Blockchain technology helps people get easier access to funds eliminating the need to have middlemen.
A community revolutionizing trade finance using blockchain technology
Providing equal opportunities to economically deprived, Irinse Foundation is using TradeFinex platform created by XinFin. Irinse Foundation along with TradeFinex successfully completed real trial transaction in a remote location of Asia where they got sewing machines, computers and network infrastructures financed by independent financiers in a standard SandBox limit. The platform was trialed in India taking support of local governing bodies. Similar kind of projects are being financed in various developing countries across the globe.
A word on TradeFinex
Powered by XDC protocol, TradeFinex platform enables peer-to-peer transactions between financiers, suppliers and beneficiaries. Through this platform, beneficiaries can raise money from any part of the world. Recently, the platform has applied for Sandbox license across seven jurisdictions and counting.
TradeFinex is run on a consortium-led governance
TradeFinex team has initiated a consortium with open invitations to address peer to peer trade finance and asset tokenization of use cases by keeping regulatory bodies, beneficiaries, financiers and fintech companies around.
Although tradefinex.org is not open for transaction, it will soon be unveiling its APIs to the public so that interested community members can build use cases and applications on its regulatory compliant XinFin Hybrid Network.
Open APIs—fulfilling the massive demand of XinFin community
Due to the massive response from various ecosystems and fintech partners worldwide, TradeFinex is now evolving into an Open API platform built on XDC Protocol with which any businesses, Fintechs, rural bodies, ERP systems can connect to.
Members interested in consortium membership can click on https://www.tradefinex.org/publicv/pa... and become part of the global campaign.
For any further queries related to consortium membership or if you want a demo, contact us at https://www.tradefinex.org/publicv/co... You can also email us at [email protected]
Join the XinFin Revolution:
XinFin: https://www.xinfin.org/
https://www.xinfin.io/
TradeFinex: https://www.tradefinex.org/
CMC: https://coinmarketcap.com/currencies/...
The current banking and financing situation
Today, a sizeable percentage of people don’t have access to existing banking and financial systems which leads to a huge economic disparity. Apparently, the absence of support infrastructure makes existing banking and financial systems incapable of reaching remote locations resulting in people resorting to informal systems of banking.
Blockchain technology solving the situation
Traditional trade finance that comprises of middlemen and selective financial institutions makes it inefficient and time-consuming. Blockchain technology helps people get easier access to funds eliminating the need to have middlemen.
A community revolutionizing trade finance using blockchain technology
Providing equal opportunities to economically deprived, Irinse Foundation is using TradeFinex platform created by XinFin. Irinse Foundation along with TradeFinex successfully completed real trial transaction in a remote location of Asia where they got sewing machines, computers and network infrastructures financed by independent financiers in a standard SandBox limit. The platform was trialed in India taking support of local governing bodies. Similar kind of projects are being financed in various developing countries across the globe.
A word on TradeFinex
Powered by XDC protocol, TradeFinex platform enables peer-to-peer transactions between financiers, suppliers and beneficiaries. Through this platform, beneficiaries can raise money from any part of the world. Recently, the platform has applied for Sandbox license across seven jurisdictions and counting.
TradeFinex is run on a consortium-led governance
TradeFinex team has initiated a consortium with open invitations to address peer to peer trade finance and asset tokenization of use cases by keeping regulatory bodies, beneficiaries, financiers and fintech companies around.
Although tradefinex.org is not open for transaction, it will soon be unveiling its APIs to the public so that interested community members can build use cases and applications on its regulatory compliant XinFin Hybrid Network.
Open APIs—fulfilling the massive demand of XinFin community
Due to the massive response from various ecosystems and fintech partners worldwide, TradeFinex is now evolving into an Open API platform built on XDC Protocol with which any businesses, Fintechs, rural bodies, ERP systems can connect to.
Members interested in consortium membership can click on https://www.tradefinex.org/publicv/pa... and become part of the global campaign.
For any further queries related to consortium membership or if you want a demo, contact us at https://www.tradefinex.org/publicv/co... You can also email us at [email protected]
Join the XinFin Revolution:
XinFin: https://www.xinfin.org/
https://www.xinfin.io/
TradeFinex: https://www.tradefinex.org/
CMC: https://coinmarketcap.com/currencies/...
6 سال پیش
در تاریخ 1397/06/19 منتشر شده
است.
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