What is XDC Network and why is it going to be a successful regulated trading network used by banks and SMEs globally? Let's start off with Xinfin company that created the XDC network partnering with the ITFA. What is the ITFA? See pics below $XDC #fintech#education#blockchain
So we see XDC network is partnered with an association that deals with major banks. XDC has a .00001 XDC transfer fee which settles in less than 4 seconds, it can run EVM smart contracts, so anyone thats getting robbed from ETH fees can swap their Dapp over to XDC to save on fees
Who else uses XDC Network? Well, let's dig deep. @enigio and swift works with enigio. This will remove the need for endless amounts of paper storage at banks. Users will be able to notarize a digital document in real-time, and securely transfer it. Tokenized documents using XDC.
XDC network will eliminate long paper trails, fake documents, shipping ports paper headaches, and eliminate broken silo'd centralized systems.
Insurance companies, banks, shipping companies anything that has high volume paper and value transactions will be revolutionized. Abu Dhabi Global Markets is partnered and working with the ITFA & Xinfin to create this new network of networks for global trade. #tradestandards
This is removing the friction across borders for many Small medium enterprises and will remove a lot of operating costs. XDC also meets the G20 sanctioned FATF standards on digital assets for AML. #regulated#capital#markets#bankingnetwork
This must be boring for the average investor. I better spice it up. What makes XDC so awesome? It's still hasn't hit its mainstream cycle yet. All this info is hidden in the depths of the internet from the basic eye to see. When XDC grows to XRP's market cap it could = this
XDC Network is building a decentralized trade infrastructure network for a 19 Trillion dollar asset class. In the long term perspective if they even get 10% of that. What possibly could 1 XDC look like? A network with no fees, paper and interoperable with other regulated networks
A digitalized Securities and Derivatives trading platform called @TradeFinex was built on XDC infrastructure. They are eliminating slow trade times, and friction in the legacy financial institution payment processing. More secure and easy-to-use platform for trade. #HSBC#Xinfin
What is R3 Corda and why this is huge for XDC growth! R3 Corda is one of the most used platforms globally for decentralized applications. A company built from true innovators. Corda is partnered with XDC + XRP. They are both interoperable ISO20022 Currencies.
R3 Corda Settler uses XDC for what they call a DASL bridge, to connect private blockchains to public blockchains. Like a major bank blockchain CBDC to a public blockchain like XRP, ETH, BTC.
If you're wondering why you never heard of this network, it's simple. No one is paying to market it to the masses yet. It's a diamond in the rough. No mainstream hype/ YouTubers with catchy thumbnails saying you gonna get a moon Lambo if you invest in this. To much hype about ETH
Contour is a massive company that works with banks and Enterprise Businesses that are all partnered to use the XDC network for global trade. They have the same goals as the TFD initiative #HSBC
The best for last.
What is this network of networks building?
A frictionless global trade network with paperless invoicing!
Who are they building it with?
Some of the world's top banks under the name - Trade Finance Distribution Initiative. #TFD#ITFA#Globaltrade#futureoftrade
I made this thread because I wanted to give back to the community, share my knowledge and love for technology revolutionizing the world. This is not financial advice, just stuff from my research. 1 ETH txn will cost what I will pay my whole life using the XDC network .0001 XDCtxn
My gift to my fellow citizens is a glimpse into my regulated mindmap for the $XDC network.
I hope this inspires you to dig deeper.
Redflag for StorX Network $SRX - They shut down 1900 of their network nodes 2 weeks ago and still have not addressed the community members.