TEJO SURTY: WE ARE EXAMINING XENDBIT PROJECT

What is XendBit?

XendBit is a decentralized block chain for wire transfer, payment, aid payment, value storage and credit.
The central exchange rate is vulnerable to internal and external security risks. The XendBit wallet uses bank-approved KYC and is being developed as an exchange.
XendBit will be a platform to enable new blockchain-based financial services that take advantage of new opportunities offered by the block chain ecosystem, such as smart blocks, ICOs, crypto credits, venture finance and digital identities, certificate registration, and coinning to power electrical identities. authentication services.

XendBit Services
XendBit is a completely decentralized blockchain platform that allows users to trade safely and securely without risking customer funds.

XendCash
Instant crypto currencies and instant value transfer in any currency anywhere in the world via instant placements.

XendAid
Utilize block chaining technology to strengthen and deliver grants through transparent, invariant, and cryptographic processes.

XendCredit
Application of blockchain technology for financial inclusion with credit access after account creation.

WHY XENDBIT?

Unlike most centralized global exchanges, XendBit is the first decentralized digital asset exchange that focuses on Africa.

Reduced Transaction Cost
XendBit has the Xendcoin feature that is unique to XendBit DEX. Xendcoin-based transactions will incur lower fees.

Localized Tether Coins
As P2P trading becomes more streamlined, traders can trade and trade faster than bank transfers or foreign TetherCoins.

Easy Bank Integration
The XendBit blockchain platform can be integrated with many banks in Africa and including Nigeria, Ghana, Kenya, South Africa and Rwanda.

XEND BLOCKCHAIN PRODUCT DETAILS

Smart Identity

Building an identity in the block chain can give individuals greater control over who has access to their personal information. Through the block chain, identities can become globally accessible, providing greater transparency for service providers such as financial services, charities, donors, donors and sponsors. A Blockchain-approved identity also addresses the challenges of provenance, authentication and reconciliation that are met by many industries. Xend Smart ID is a DApp that allows the use of blockchain in areas such as digital IDs, banking, passport, e-housing, birth certificates; wedding certificates and online identities.

The Xend Smart ID Card provides a convenient way for individuals to make micro payments through an embedded RFID that stores a two-word encrypted private key of the Xend wallet.

Smart Nodes
Smart nodes are block chain nodes that require KYC registration of the node owners, so that the nodes operate in a semi-permissive mode with incentives (harvest). Smart nodes are associated with a registered and verified XendBit wallet to prevent a 51% attack probability on the block chain network.

Smart nodes will be further protected by a specially crafted Linux Operating System (OS) Live view that includes uniquely selected applications, tools, and packages with zero security vulnerabilities to maximize OS security.

Smart Java Beans
SJBs are based on the concept of java kernels, originally designed by James Gosling, which can be run in the NXT block chain. SJBs intelligent intelligent contract design is also taken from the principles of digital circuit design, flexibility, scale and security lessons.

SJBs should follow appropriate naming conventions. For example, methods that must return a value must start with 'get', for example 'public long getAccountBalance (). There are 0 costs for executing such methods and do not affect the status of the SJB in the block chain.

Xend dApps Platformu
The Xend dApps platform naturally uses Java technology scalability to handle high throughput. Often, it is known to block dApps networks, with higher throughput leading to slower processing times and inflated charges, as seen on other popular dApps based blockchain platforms. Examples of Xend dApps include XendCash for transfer, XendAid for transparent and more efficient aid payments, and future XendCredit for financial participation.

Initially, NXT presented a powerful blockchain with a powerful set of features as a leading 2nd generation blockchain. Although NXT does not primarily support smart contracts, it was added as part of Jerulda's lightweight contracts application. However, it is noteworthy that the XendBit team is able to make smart contracts alongside Jerulda's current initiative.

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