PRESS RELEASE. INTERNET CITY, DUBAI, Nov. 30, 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
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
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:
LBK Blockchain Co. Limited
This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
Image Credits: Shutterstock, Pixabay, Wiki Commons