Blockchain
LBank Exchange Listed XinFin Digital Contract (XDC) on November 30, 2021
Internet City, Dubai–(Newsfile Corp. – December 1, 2021) – LBank Exchange, a global digital asset trading platform, listed XinFin Digital Contract (XDC) token on November 30, 2021. For all users of LBank Exchange, the XDC/USDT trading pair will be officially available for trading at 13:00 (UTC+8) on November 30, 2021.
Combining the power of both public and private blockchains, in addition to supporting interoperable smart contracts, the XDC Network functions as an enterprise-ready hybrid blockchain for global trade and finance. XinFin Digital Contract (XDC), the digital asset powering the XDC Network, was listed on LBank Exchange at 13:00 (UTC+8) on November 30, 2021: https://www.lbank.info/exchange/xdc/usdt.
Figure 1: LBank Exchange Listed XinFin Digital Contract (XDC) on November 30, 2021
Introducing XDC Network
XDC Network is a global, open-source, delegated proof of stake consensus network (XDPoS), which enables hybrid relay bridges, instant block finality, and interoperability with ISO 20022 financial messaging standards. The network’s hybrid architecture is designed to support institutional use in trade finance and tokenization. This technology is equipped to reduce the existing finance gap in global infrastructure. With interoperable smart contracts, 2,000 transactions per second, and Ethereum Virtual Machine compatibility, the XDC Network provides a scalable blockchain technology solution for enterprises and independent community contributors.
Recently, the XDC Network is seeing a growing number of decentralized projects building on chain. The XDC Network is also being adopted in the trade finance arena, in part by providing enterprise-ready tokenization solutions, such as the tokenization platform being utilized by Tradeteq, which is a technology provider for trade finance asset distribution.
XDC Network is a member of the ITFA, and was chosen as the first blockchain company to join the global Trade Finance Distribution (TFD) Initiative, a consortium of trade originators, credit insurers, and institutional funders on a mission to boost automation and transparency in trade asset and risk distribution.
There are plans in the future for the XDC Network to stretch out into the metaverse through various NFT tokenization solutions built on chain.
LBank will work within the XDC Ecosystem to create awareness around the XDC Network, highlighting the network as a hyper-efficient layer one blockchain technology solution – well suited to support startups, developers, smart contract architects and enterprises seeking to deploy applications on chain.
About XDC Coin
The XDC coin is the underlying utility coin that powers the XDC Network Hybrid Blockchain. The XDC coin acts as a potential settlement mechanism for DApps built on the XDC Network.
The XDC token was listed on LBank Exchange at 13:00 (UTC+8) on November 30, 2021, investors who are interested in XinFin investment can easily buy and sell XDC token on LBank Exchange by then. The listing of XDC on LBank Exchange will further expand the XDC Ecosystem and increase XDC awareness.
Learn More about XDC Token:
Official Website: https://xinfin.org
Twitter: https://twitter.com/XinFin_Official
Telegram: https://t.me/xinfin
Listing Announcement on LBank Exchange: https://support.lbank.site/hc/en-gb/articles/4410126999961-XDC-will-be-listed-soon-on-LBank
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users in more than 210 countries around the world.
Visit us on social media:
Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106070
Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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