Finance News

Story: IMF Researches Digital Financial Inclusion for SME and Households; Xinfin (XDC) Shows it…

By Ayobami Abiola

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The COVID-19 lockdown in most countries has revealed the essence of digital financial services for households and SMEs.

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The International Monetary Fund made and reported research on the effect of the pandemic on digital financial services.

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“During the COVID-19 lockdowns, digital financial services are enabling governments to provide quick and secure financial support to “hard-to-reach” people and businesses, as…

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From a survey IMF conducted with participants from fintech firms, central banks, regulatory bodies, and banks, the results revealed that Fintech firms identified that there is a…

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To IMF's research Atul Khekade, Xinfin Blockchain Co-founder and Tradefinex replied in a tweet:

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“Would love to demonstrate how @TradeFinex and @XinFin_Official can tokenize offline origination of MSME loans and provide liquidity through #stablecoins or #CBDC”

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Tradefinex has been very active since its creation in this aspect to focus on Small and Medium-Sized Enterprise (SME) that has been ignored by Banks for financing.

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Xinfin itself has been forward-thinking in the education of businesses and organizations on the advantages of Blockchain technology in connecting businesses seamlessly to…

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Blockchain technology has gone far to disrupt the financial technology industry. But it needs exposure so its solutions can be used.

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