The world is advancing in every aspect daily, both in evolution and even technological wise. Gone are the days when the masses depend solely on banks and centralized financial institutions for transactions, cryptocurrencies are here to change all of that through the blockchain technology.
The blockchain technology can be defined as an invention that creates a decentralized network based on peer-to-peer protocol networks which allows every computer in that network to become a server making a huge difference to the conventional centralized network.
This technology has given birth to a lot of usecases such as the advent of cryptocurrencies that allows people to now transact easily and freely without having to go through any middle man.
If I could have an option of transacting without having to pass through any intermediary that would delay my transactions and even charge me highly for international transactions, then why would i want to go through the stress of financial institutions to get my transactions done.
The cryptocurrency industry and blockchain technology in general is being loaded with lots of potentials but then, how well are these potentials being explored?
We wouldn’t want to neglect the fact that the industry is being faced with some challenges that is seeming to become a threat to its survival but unfortunately, the problems keeps lingering despite the fact that some projects have tried so hard in curbing it. The greatest of these problems remains the highly volatile nature of the market. Several business establishments are scared of accepting cryptocurrencies as their legal tender because of the fear of losing the value of their funds before the final conversion to fiat currencies.
The advent of stable coins are meant to bring an end to this issue but unfortunately, it’s becoming more like an impossibility because even his stable coins are not reliable enough as a result of the pegging of those currencies to fiat currencies which is being manipulated by lot of factors, thereby rendering it usecase futile.
Its my pleasure to introduce to you the solution to these problems which is being offered by Ixinium.
Ixinium:
Ixinium is a stellar blockchain based platform that is targeted at improving the cryptocurrency industry through its transparent blockchain and auditable transactions. The cryptocurrency of this platform is being backed up by precious metals unlike other stable coins which will ensure better stability of the cryptocurrency. There will be physical auditing of these precious metals in order to proof their platform’s assets structure and market value to everyone which shall be fully transparent.
It might also interest you to know that these assets are being insured by Lloyd’s of London, therefore making the platform as safe as possible.
What Distinguishes Ixinium from its other blockchain Counterparts?
- Stable currency backed with gold, silver, platinum and palladium
- Buy and hold business approach of all precious metals which will make the platform a major holder for some rare precious metals
- Sevel global vaults which are being managed by Briks, Loomis and MalcaAmit
- Physical holdings auditing done by Inspectorate
- Protection and insurance of precious metals in vaults
TOKEN DETAILS
Token Ticker: XXA
Maximum Supply: 540,000,000
Circulating supply: 500,000,000
Estimated price: $8.87
Softcap; None
Hardcap: $191,592,000
Conclusively, the Ixinium platform have proved beyond all reasonable doubt that it is capable of creating a whole new revolution to the cryptocurrency industry through its precious metal backed cryptocurrency which has been developed on the stellar network and will eventually result in increase in the global adoption rate of cryptocurrency. This project will surely eventually become one of the best projects in the blockchain space.
For more information and enquiries, kindly check the links below;
Website
Whitepaper
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Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=2305577