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Story: Exclusive Interview with Ritesh Kakkad, co-founder of XinFin XDC Network

By TCA PR

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Discuss about the XinFin blockchain network and various opportunities available for developers, startups, traditional market makers and venture funds.

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Question (Mr. Ruslan Wing): Thank you, Ritesh Kakkad for joining our executive discussion. I noticed that you haven’t given many interviews in the past, so I appreciate the fact…

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Answer (Mr.Ritesh Kakkad): Thank you, Mr. Ruslan Wing. I really appreciate your support as an active XinFin community member. 

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Question (Mr. Ruslan Wing): You started your career in cloud-based businesses and web infrastructure. Tell us about your transition into the blockchain space. 

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Answer (Mr.Ritesh Kakkad): I launched my first hobby venture when I was in university. In 1998, it was converted into a cloud-hosting company.

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Question (Mr. Ruslan Wing): Can you explain in layman’s terms, how the XinFin network solves major issues faced by the blockchain networks that came before it? 

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Answer (Mr.Ritesh Kakkad): In simple terms, XinFin created an open-source blockchain network that solves 3 major issues related to transaction speeds, network gas fees, and high…

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This feature not only provides scalability, but also feasibility to various use cases built on our blockchain. 

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Question (Mr. Ruslan Wing): How has the Live Blockchain Network progressed since its launch nearly 18 months ago? 

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Answer (Mr.Ritesh Kakkad): XDC network grew up very well in the last 18 months; especially after COVID-19.

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Question (Mr. Ruslan Wing): Can you tell us more about the various applications currently running on the XinFin Network? 

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Answer (Mr.Ritesh Kakkad): Let me introduce you to a few apps that run on the XinFin platform:

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All these applications require $XDC as fuel to run smart contracts or execute transactions. Therefore, more applications mean increased XDC utility and usage.

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Question: How does XDC compare with Bitcoin, XRP and Ethereum? 

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Question (Mr. Ruslan Wing): What kind of opportunities do you see for traditional market makers, hedge funds, venture capital funds or family offices to flourish in this space?

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