Monday, 13 September 2021 11:15 AM
Company Update
LONDON, UK / ACCESSWIRE / September 13, 2021 / Ecoin Foundation has joined forces with a highly interoperable, hybrid blockchain platform called Xinfin Network, by looking at the efficiency of the blockchain network to support millions of user base with near-zero gas fees and faster tx time. Ecoin aims to scale its social token $Ecoin and Xinfin Network to millions of users based on ‘the blockchain based digital identity' powered by its innovative social mining, cashback mining, and launchpad mining. XinFin is a Singapore-based Blockchain technology company that has built Hybrid Blockchain and solutions for international trade and finance.
Ecoin Foundation has revolutionised the way we think about crypto. To help the average users join crypto, people don't need to opt for Tech mining or investing directly with exchanges anymore. The users can participate in various offers/ tasks/ games and get rewards in Ecoin which follows a self-sufficient tokenomics to protect its holders.
Earlier this year, Ecoin Foundation won Draper University pre-acceleration program and received investment from them. Now with this partnership with Xinfin, Ecoin Foundation is doubling down its commitment to help speed up ‘Crypto mass adoption' now.
Launched in 2020, Ecoin has on-boarded over 1.5 million fully verified users and 5.5 million+ sign ups in a short span of 12 months of its launch and is poised to cross 10 million fully verified users by the end of 2021. Ecoin has also worked with 20+ B2B partners to launch their products to millions of genuine users verified by ‘world's most advanced fraud detection algorithm.
About Ecoin:
Ecoin has replaced the complex Technical Mining for cryptocurrencies with the concept of ‘Social Mining'. Ecoin aims to be the ‘PayPal/ Paytm of crypto' by bringing 100's of millions of users into the crypto ecosystem by leveraging ‘blockchain-based digital identity'. Ecoin tech stack allows millions of users to be on-boarded seamlessly at one of the lowest costs ever, this network effect will kick-start many crypto services to be built on top of it. With Ecoin Digital Identity product suite, Businesses can rest assured they are indeed interacting with a genuine Unique user vetted by advanced fraud detection algorithms doing the heavy lifting for the product.
For more information about Ecoin and Ecoin Foundation, please visit www.ecoinofficial.org
About Xinfin:
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 tokenisation and is equipped to reduce the existing finance gap in global infrastructure. With interoperable smart contracts, near-zero transaction fees, 2000 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
Contact:
Krishna Yogi
Ecoin Foundation
[email protected]
7624848484
SOURCE: Ecoin Foundation