Altcoins News
By Ruslan Wing
1 / 15
Staking XDC on TradeFinex
2 / 15
Payments & Returns
3 / 15
Final Words
4 / 15
In a competitive and innovation-oriented world, trade financing emerges as a pivotal element for sustainable job creation and economic growth.
5 / 15
Built on top of XinFin’s hybrid blockchain network, TradeFinex is the first-of-its-kind, decentralized marketplace connecting financiers and innovators.
6 / 15
As a part of the XinFin Digital Contract (XDC) network, TradeFinex also represents one of the many use cases of the XDC token, which financiers can stake to participate in…
7 / 15
TradeFinex is an open platform that stands true to the principles of optimal decentralization, meaning that anybody can participate as a financier.
8 / 15
In general, the possibilities for investment options—both in terms of volume and variety—are nearly endless, including bonds, letters of credit, bills of landing, e-bills, and…
9 / 15
Ensuring optimal ease-of-access, TradeFinex facilitates multi-channel payments and transactions.
10 / 15
For instance, financiers can invest using any of the Globiance-issued assets, which include fiat-pegged stablecoins such as SGDG (Singapore Dollar), EURG (Euro), HKDG (Hong Kong…
11 / 15
At this point, it’s crucial to note that TradeFinex functions through smart contracts deployed on the XDC blockchain.
12 / 15
In terms of yields from staked XDC, financiers on TradeFinex can expect 2-8% APY, determined and backed by real-world transactions.
13 / 15
One of the distinguishing marks of TradeFinex is that it coherently and deterministically links events on the blockchain to those in the real world, thus ensuring a heightened…
14 / 15
In the future, as the pilots on TradeFinex make their way towards success, the platform could potentially be connecting over USD 30 trillion’s worth of trade finance originations.
15 / 15
If you like the article, feel free to send a tip in XDC to:
The Currency Analytics
Want the full story?