XendBit - Project Review

We will provide Article to present the “ XendBit ” project to potential platform participants and those who are interested in contributing to its development. The information listed below may not be complete and does not imply any contractual relationship. The main purpose is to provide information to everyone, so that they can determine whether they are willing to analyze the company with the intention of obtaining token or invest.

Centralised exchanges are susceptible to internal and external security risks. XendBit is a decentralised blockchain platform designed to fulfill a number of financial inclusion services such as remittances, payments, aid disbursement, store-of-value and credit. Powered by a crypto-currency exchange with bank verified KYC features, it enables users to trade safely and securely without risking customer funds. The XendBit wallet uses bank-verified KYC and is being developed as an exchange initially supporting popular digital assets including BTC, with the aim to add more in the near future.

The hope of joining the This project is very big for us, before you join it will be better if you understand the project besides it will add to your insight and improve information for you especially understanding the project’s vision and mission so that it adds to your trust in.

XendBit is a decentralised blockchain platform for remittances, payments, aid disbursement, store-of-value and credit.
Centralised exchanges are susceptible to internal and external security risks. The XendBit wallet uses bank-verified KYC and is being developed as an exchange.

Video About XendBit : https://www.xendbit.io/assets/video/explainer.mp4

XendBit will be a platform to enable new blockchain-based financial services, taking advantage of the new opportunities presented by the blockchain ecosystem such as smart contracts, ICOs, crypto-loans, venture financing, and tokenization which will power digital identities, certificate registration and verification services.

XendBit ServicesXendBit is a fully decentralised blockchain platform that allows users to trade safely and securely without risking customer funds.

XendCashRemitting cryptocurrencies and instantly transferring value in any currency anywhere in the world through instant settlements.

XendAidLeveraging blockchain technology to empower and provide grants and disburse aid by transparent, immutable & cryptograhic processes.

XendCreditApplication of blockchain technology for financial inclusion with access to credit after account creation.

Advantage

Unlike most global exchanges which are centralised, XendBit is the first decentralised digital asset exchange focusing on Africa.

Reduced Transaction Cost
XendBit features Xendcoin, which is native to the XendBit DEX. Transactions based on Xendcoin will attract lower fees.

Localised Tether CoinsAs P2P trading becomes more fluid, traders can engage and settle trades faster than bank transfers or foreign TetherCoins.

Easy Bank IntegrationThe XendBit blockchain platform is able to integrate with most banks in Africa and beyond including Nigeria, Ghana, Kenya, South Africa and Rwanda.

FEATURES

Smart Identity
Creating an identity on the blockchain can give individuals greater control over who has access to their personal information. Through the blockchain, identities can become globally accessible in a way that creates more transparency for service providers such as financial services, charities, donors, grant makers and sponsors. A blockchain-verified identity also addresses the challenges of establishing provenance, authentication and reconciliation faced by many industries. Xend’s Smart ID is a DApp that enables the use of blockchain in areas such as digital identities, banking, passports, e-residency, birth certificates; wedding certificates and online IDs.

The Xend Smart ID Card offers a convenient way for individuals to make micropayments through an embedded RFID which stores the Xend wallet’s private key, encrypted with a two-word phrase.

Smart Nodes
Smart nodes are blockchain nodes that require KYC registration of node owners, whereby the nodes run in a semi-permissioned mode with incentives (harvesting). Smart nodes are associated with a registered and verified XendBit wallet in a way that prevents the possibility of a 51% attack on the blockchain network.

Smart nodes will be further protected by a specially built Linux Operating System (OS) Live image comprising of uniquely selected applications, tools and packages with zero vulnerabilities that will ensure the highest level of OS security.

Smart Java Beans

SJBs are based on the concept of java beans, originally conceived by James Gosling, that can be run on the NXT blockchain. SJBs stateful smart contracts design is also drawn from the lessons of flexibility, scale, and security from digital circuit design principles.

SJBs must follow approapriate naming conventions. For example, methods that must return a value must begin with ‘get’ e.g. ‘public long getAccountBalance(). These types of methods cost 0 to execute and don’t affect the state of the SJB on the blockchain.

Xend dApps Platform

The Xend dApps platform inherently employs Java technology scalability features to handle high transaction volume. Often known to clog dApps networks, high transaction volume leads to slower transaction times and inflated fees as seen on other popular dApps-based blockchain platforms. Examples of Xend dApps include XendCash for remittance, XendAid for transparent and more efficient aid disbursement, and the upcoming XendCredit for financial inclusion.

Originally, NXT presented a powerful blockchain with a robust set of features as a leading 2nd generation blockchain. While NXT did not originally suppport smart contracts, they have now been added as part of Jerulda’s implementation of lightweight contracts. It is noteworthy however that the XendBit team was able to implement smart contracts alongside Jerulda’s current initiative.

XendBit Wallet

Choose a wallet from Android, Windows or MacOS and iOS (coming soon). Buy from a list of Sell Orders in the Exchange Order Book.

XendBit functions not just as an exchange but also as a blockchain platform for enabling transparent transactions within peer-to-peer markets (comprising of lenders, donors, remitters, borrowers and beneficiaries) while reducing the frustration in crypto-volatility with the use of localised TetherCoins.

• Secure Decentralised Exchange
• Localised Tether Coins
• Easy Bank Integration
• Sell Exchange Order Book
• Remittances and Aid disbursement

TOKEN DETAIL

Token Symbol: XTN
Tokens for sale: 100,000,000
Token Price: $0.20 USD
Specifications: XEND token
Max circulating supply: 200,000,000

TOKEN SALE

JOIN WHITELIST HERE : https://www.xendbit.io/#contact

TOKEN DISTRIBUTION

ROADMAP

FOR MORE INFORMATION YOU CAN VISIT LINK BELOW :

Website: https://www.xendbit.com
ANN : https://bitcointalk.org/index.php?topic=5049473
Whitepaper : https://www.xendbit.com/whitepaper.pdf
Bounty: https://bitcointalk.org/index.php?topic=5049502.0
Telegram: https://t.me/joinchat/FM3F1BCTvtqF1KmjpBiyGA
Twitter : https://twitter.com/XendBit
Facebook: https://www.facebook.com/XendBit-1836013473152717/

Author : Letty sits
profile Link : https://bitcointalk.org/index.php?action=profile;u=1856247
MEW : 0x822E5C6A30c4F19EAB048f957e4729eF56bCcA7F