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Propine x XinFin (XDC)

We are pleased to announce that we have developed our on-chain custody software solution and integrated it with XinFin (XDC), an enterprise-ready blockchain with a hybrid public/private architecture. Furthermore, we have added XDC’s native token to our ProTectTM platform.

The XDC ecosystem can benefit from the security and fully compliant and insured custody service provided by Propine, together with layered governance and security practices built in for safe maintenance and delivery.

Our institutional clients can now store XDC in ProTectTM , transfer XDC on Propine’s Network, and launch XDC token support for their customers with CryptClearTM.

Launched in 2018, XDC Network is powered by XDC Delegated Proof of Stake (XDPoS) and offers low transaction fees, fast block finality, double validation, enterprise-grade security, and nominal energy consumption rates – over two million times less than Ethereum and over 9 million times less than Bitcoin using conservative estimates.

The digital assets held in Propine’s ProTect digital asset custody platform are covered by insurance in accordance with the regulatory requirements of MAS.

About XinFin XDC Network

The XDC Network—created by XinFin—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 and 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 infrastructure for enterprises and independent community contributors.

For more information about XinFin and the XDC Network, please visit www.xinfin.org.

 


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