We can not neglect the power and influence of global trade. Global trade has a way of improving the economy of a particular country. It is not a trade that is to be taken lightly. Its importance in our economic growth can not be over emphasised. Global trade involves having access to variety of goods and the best quality also. Being Financially buoyant also as a nation helps to improve development also.
There is need tl build up infrastructure that wil aid financial institution so as to reduce financial crisis.
Block chain technology can actually help in improving the world financial crisis to a great extent. Xinfin is one of this blockchain project that can deliver this solution effectively and efficiently.
CONSIDERING XINFIN BLOCKCHAIN
XINFIN is a blockchain based crypto project with its core strength in financial devlopement. Xinfin brings in dedicated mechanism that can drive financial improvement . Its aim is to use blockchain to connect suppliers and financiers to the beneficiaries.
Thus, the beneficiaries can easily transact and trade in a secured blockchain environment. Xinfin network involves a hybrid public and private protocol which is from the fork of etherum and Quorum network which will ensure maximum productivity and transparency . The use of xinfin hybrid blockchain will open door for fast transaction validation, adaptability and proficiency which is exactly what the financial institution needs to conquer their financial crisis.
Xinfin protocol will aid futher development of decentralised application on its framework . The hybrid design of xinfin its own of its unique strength area, with it xinfin can also provide security.
CONCLUSION
the use of xinfin will go along way to influence the financial system as it will solve all the low latency issues, security, transparency and privacy issues of financial transactions The XDC01 is the technology responsible to achieve this feat. The team behind the project, regular community engagement and its hybrid blockchain its enough to see that xinfin deliver and acheive their goal within this crypto space.
LINKS TO REFER TO:
Website: https://xinfin.org/
Whitepapers: https://xinfin.org/resources.php
Youtube: https://www.youtube.com/channel/UCQaL6FixEQ80RJC0B2egX6g
LinkedIn: https://www.linkedin.com/company/xinfin/
Twitter: https://twitter.com/XinFin_Official
Telegram: https://t.me/xinfintalk
Github: https://github.com/xinfinorg
Author:
Name: Sunday Ojochegebe
Eth adress: 0x83047dC716A86ab36481d54b92128dad3d28d14a
Email: Ajprotocol50@gmail.com