TradeFinex Launches An Updated Website Supporting Financial Instruments
With the updated TradeFinex site, the entities can mitigate counter-party risks by making their digital bonds and invoices; liquid and interoperable.
- (1888PressRelease) April 03, 2019 - The TradeFinex (https://www.tradefinex.org/) website has recently undergone some significant changes. The redesigned site highlights; achieving liquidity and interoperability of financial instruments as the main objective. With the updated TradeFinex site, the entities can mitigate counter-party risks by making their digital bonds and invoices; liquid and interoperable.
Digital Bonds
Based on XinFin Hybrid Blockchain, TradeFinex will simplify and streamline the entire corporate bond lifecycle. TradeFinex will create a global bond standard by connecting traditional bond market with digital bond technology. Built-in KYC/AML regulations and standard features like profile creation for both organization and individual; makes TradeFinex, a real-life bond creation, and exchange platform.
A blockchain-powered platform, TradeFinex is fully secure and transparent and will always avoid the risk of single point of failure for its users. Not only will it make creating, managing, and liquidating bond instruments seamlessly easy but will also enable hassle-free automatic, instant, and efficient bond settlements for its users. Another major benefit would be the enhancement of secondary market liquidity by bringing brokers, dealers, and licensed entities on one single platform.
Interested institutions looking to conduct a PoC, please click at https://www.tradefinex.org/publicv/bond_create.
Explore more about Digital Bonds at https://www.tradefinex.org/publicv/digital_bond.
Invoices
TradeFinex leverages the power of blockchain to help users get more financing options to their unpaid invoices. InFactor is a platform for factoring trade instruments, mainly invoices. Designed on a global framework, XDC-I11 messaging and transaction ISO20022 standard using XinFin Hybrid Blockchain technology, InFactor (http://infactor.io/) will convert unpaid invoices to instant cash. Built-in XDC Wallet and smart contracts will make invoice factoring easier, transparent, and secure for its users.
Open ‘plug-and-play’ API access will enable easy and fast integration allowing users to create interoperable platforms and get access to a wider financial ecosystem. The underlying smart contracts will facilitate automatic repayment and settlement of invoices. Hence, companies receive cash instantly, customers live by friendly payment terms and investors earn profits in the form of factoring fees.
Interested institutions looking to conduct a PoC, please click at https://docs.xinfin.org/docs/dapp/infactor.io/conduct-a-poc.
Read more about Invoice Factoring/InFactor at https://www.tradefinex.org/publicv/infactor.
Coming Soon on The TradeFinex Site
R3 Corda Bridge
Another counter-party risk mitigation feature pending release on the TradeFinex website is R3 Corda Bridge. TradeFinex will enable users to connect R3 Corda Bridge State with Public Network by deploying Corda smart contracts to XinFin Network smart contracts using a relayer bridge. R3 Corda and XinFin Bridge connectivity will facilitate atomic swap which will completely revolutionize the money transfer system in the crypto world.
Explore more about R3 Corda Bridge at https://www.tradefinex.org/publicv/corda_bridge
The TradeFinex Consortium
The TradeFinex team has initiated a consortium with open invitations to address peer-to-peer trade finance and asset tokenization of real-world assets. TradeFinex invites Global Public Investors (GPIs), regulators, fintech companies, and financial & government institutions to be a part of the ecosystem who will introduce the right financial instruments, their standardization and will closely work with regulators for holistic business development.
To be a part of this change as a consortium founding member, please click at https://www.tradefinex.org/publicv/consortium.
Click at http://events.tradefinex.org/ to know more about the consortium event scheduled in June this year.
Click at https://www.linkedin.com/groups/10436249/ to know more about the TradeFinex LinkedIn Group. Membership with invitation only.
About XinFin
XinFin is an open source enterprise-ready Hybrid Blockchain for Global Trade and Finance. It combines the power of Public and Private Blockchains with interoperable smart contracts. XinFin is fully EVM compatible. For more information on XinFin, please visit www.xinfin.org or learn more about XinFin in this video https://www.youtube.com/watch?v=K-tHZkV6zAs.
Interested Institutions looking to setup KYC enforced Masternodes (TestNet), please click at https://www.xinfin.org/setup-masternode.php.
Follow XinFin on:
Twitter: ( @ ) XinFin_Official
LinkedIn: https://www.linkedin.com/company/xinfin/
Telegram:https://t.me/xinfintalk
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