In this video, I take the time to dive into the blockchain / DLT platform – XDC Network in a simple to understand format. I dive into Tokenomics and provide you with my fundamental analysis and vision into some XDC partnerships, major events and how I think it’s revolutionizing global trade finance.
*Warning! this is Regulated Trade Finance information so might be a little dry in some parts* (Not moon hyped garbage)
—-Contents of this XDC Network deep dive—–
00:00 Into
1:50 – What is XDC Network
3:15 – Quick Overview of the Tokenomics
8:13 – XDC Wallet Creation Graph
8:56 – Awesome Wallet List Infographic Check out @WBlueu on Twitter
10:20 – Ethereum compared to XDC Network
12:00 – XDC Trades per second compared to other networks
12:50 – XDC Smart contracts & Quick explanation of a smart contract
15:25 – Enigio – What they do & Deep dive into dDOC’s (How they use XDC in their fundamental tech stack)
19:45 – Traydstream vision of a paperless trade finance future
20:50 – Quick Visualization of dDOC UNCITRAL ICC ITFA interoperability
21:56 – Enigio paper vs dDOC example visualization
22:50 – Centralized Vs Decentralized file-sharing platforms
24:10 – Difficulties in trade finance (Paper is 20% of the cost in supply chain shipping)
25:40 – Attaching invoices to QR code automation and removal of paper from the fragmented supply chain system.
27:50 – Big partnership with ADGM Abu Dubai Global Markets
28:30 – What is TradeFinex (Built on XDC Network)
29:40 – Financing using TradeFinex
31:09 – Facilitating Commerce using TradeFinex platform
32:00 – Reminder don’t be Moon Boys
33:19 – Global Financial Innovation Network (GFIN) + Xinfin Live testing TradeFinex Across MENA region
34:30 – XDC Network trying to bridge the US 19 Trillion dollar asset class + what 1 Trillion dollars in perspective of time.
36:57 – Quick intro into R3 Corda (use of XDC with DASL Bridge)
41:35 – HSBC + quick look into a consortium of partners in the TFD initiative
42:30 – How Abu Dhabi Global Markets use Blockchain & DLT
44:00 – A deep run down of my XDC Partnership mind map
44:40 – Some side chains built on top of the XDC network
46:36 – XDC Network partnership with ITFA and a quick look into the ITFA
49:19 – MonetaGo + Swift “Trialing Anti Fraud Blockchain” “PoC with ICC, ITFA, HSBC, Citi, SMBC Marco Polo & other organizations”
50:40 – Some things the ITFA Committee is witnessing.
52:45 – TradeFinex + XDC Custom Infographic (UNCITRAL + MLETR + ICC + SWIFT + ITFA) By @XX_1133_1221_11 on Twitter
53:20 – Quick intro into MLETR interoperability between different trade finance networks (see other deep dive for a deeper technical understanding)
54:30 – Closing thoughts and a tip for you guys!
Big cheers to the ITFA, Andre Casterman and the team at Xinfin Foundation for creating an open-source innovative alternative to the Swift Legacy system that will save billions of dollars in fees and a lot of paper processing time.
Special keywords to research:
TFD Initiative, DNI Initiative, ISO20022, UNCITRAL, MLETR, TradeTrust, ITFA, Fintech, Blockchain, DLT, Trade finance, Tokenization, Interoperability between networks.
XDC Network Whitepaper to understand more behind the technology: https://www.xinfin.org/docs/whitepaper-tech.pdf
XDC Network Tokenomics Paper:
https://medium.com/xinfin/token-distribution-of-xinfin-token-xdc-xdce-3817bc542d48
Educational Twitter Threads to help citizens see some of my research I put together on XDC Network:
Deep dive into XDC Part 1:
https://twitter.com/UtilityTheory/sta…
Deep dive Part 2 China systems, Enigio, XDC:
https://twitter.com/UtilityTheory/sta…
Deep Dive into XDC Part Three: https://twitter.com/UtilityTheory/status/1471276059328921603
I hope this information inspires you to research some of these topics as mainstream media doesn’t talk about innovation.
Disclaimer: This is a theory and Not Financial Advice!
*I am not paid to do this, I own some XDC and I create content because I see a lack of educational content out there for utility networks. I want to help other citizens see some of this information so they can participate in the blockchain revolution. I hope this inspires you to always research before you make an investment*
(Please don’t ask for price predictions as I do not have a crystal ball)
Cheers everyone,
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Let me know if this helped in any way and if I missed anything.
Cheers.
– Citizen of the Future