THELOGICALINDIAN - While the cyberbanking area accounts for the better allotment of blockchain trials and implementations there is still a lot of breach To abode this affair Maltabased startup XFOC proposes a unified band-aid that merges cyberbanking barter and acquittal services
XFOC to Serve HNWIs and Unbanked Population
The ambition of XFOC is to advance a blockchain-powered ecosystem that would act as a one-stop-shop for key cyberbanking services, from cyberbanking to exchange. The startup targets aerial net account individuals (HNWIs) as able-bodied as the unbanked population, which XFOC calls “financial refugees.”
The arrangement is fueled by a built-in cryptocurrency with the aforementioned name. XFOC holders will be able to use the badge to pay for the platform’s services. For example, users will be able to absorb the badge for the annual aliment fee, transaction fees on the barter platform, and for any accuse appropriate on the way.
The startup aggregation hopes to allure audience acknowledgment to its accelerated transaction processing capability. The XFOC blockchain generates a new block every 0.5 abnormal – an absurd acceleration compared to Bitcoin’s boilerplate 10 account and Ethereum’s 15 seconds.
Platform Features
XFOC is alive on several axiological products, which, according to the roadmap, will be launched gradually up until the end of 2024. Specifically, the startup will accommodate the afterward services:
All in all, the blockchain-based ecosystem will blow aloft every above banking service, benefiting from the counterbalanced alternation amid crypto and acceptable finance. XFOC is like a animation of beginning air in both markets.
XFOC is like a animation of beginning air in both markets. As we ample out, the activity has acceptable affairs to become accepted abutting year.
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