Understanding XinFin #XDC Network - A Crypto Network Transforming The Global Trade Finance Industry

This is a research video I put together on XDC Network - A decentralized blockchain (DLT) platform that is helping transform the trade finance industry by reducing fees and transaction settlement times.

In this video, I cover some technical partnerships of the XDC Network and special partnerships in the global trade finance industry.

*Warning: This is information based on research so might be a little dry in some parts*
Note: Increase speed of video to 1.25X or 1.5X if you want to get the information faster.

📕 -----Table of Contents-----📕
00:00 - Intro
02:00 - Quick summary of XDC Educational Threads
06:35 - Data points from Digital documents dDOC's (Example of Enigio dDOC's provide)
07:49 - Sean Edwards ITFA 2021 - 2022 Recap
10:20 - ITFA's DNI Initiative & TFD Initiative
12:50 - Events in 2021 with the ITFA relating to blockchain in Trade Finance
12:20 - What is the International Chambers of Commerce & DSI Initiative
18:59 - XDC Network Partnership Mindmap
19:40 - XDC Network + TFD Initiative + Trade Finance as a 19 Trillion dollar asset class
22:21 - ICC Digital Trade Reform 100 Countries Industry-Wide
26:50 - Exporters have 12-18 Months to digitalize dDOCs for G7 Digitalization (Mid 2023)
29:00 - Digitalization will save 224 billion in efficiency savings by 2024 - ICC UK
30:40 - IMDA TradeTrust Network + Partnerships
34:41 - MLETR Framework for Digital Document Interoperability between trade finance networks
37:58 - Enigio dDOC Example
38:20 - ICC + DSI Initiative = Trade Trust + ITFA (DNI) Initiative
39:58 - DNI Initiative PDF Review / English Law / ITFA / MLETR / dDOCs / Enigio
46:25 - Sullivan Law Quick Dive - Trade Finance Law
49:00 - Ending Paper Based Trade UK Gov + ITFA
51:52 - G7 Countries Adoption of electronic Transferable Records (eTR)
53:20 - G7 UNCITRAL MLETR Framework / ICC DSI Initiative
53:50 - G7 Needs to create technologically neutral laws
54:40 - G7 Countries should issue clear guidance and make sure default option doesn't remain paper!

Special keywords:
UNCITRAL, MLETR, TradeTrust, ITFA, Fintech, Blockchain, DLT, Trade Finance, #XDC Enigio, dDOCs, digitalization, paperless trade facilitation.

#crypto #cryptocurrency #innovation #education
📋 - BONUS INFO LINKS - 📋

•DNI Initiative ITFA Document Highlighted Article:

•The International Trade and Forfaiting Association - DNI initiative information Highlighted Article:

G7 Electronic Trade Documents Dec 17 / UK Gov / MLETR Framework 2017 / UNCITRAL / ICC / XDC Network / Paperless dDOC's

Trade Trust / ITFA DNI Initiative = ICC DSI Initiative

Trade Finance Law Group which is writing English Law Legislation for ITFA & UK

Educational Twitter Threads to help citizens see some of my research I put together on XDC Network:

Deep dive into XDC Part 1:

Deep dive Part 2 China systems + XDC:

I hope this information inspires you to research some of these topics.
Tracking the Price:
Dec 27 2021: The current price of an XDC network token is .082 USD each.
100k tokens for 8200 USD.
Sept 29 2022: The current price of an XDC network token is .021 USD each.
100k tokens for 2100 USD.
Dec 27 2023 The current price of an XDC network token is .057 USD each.
100k tokens for 5700.

Nothing here is Financial Advice.

[bobbyjonas]

XDC will kill Ethereum! XDC is the REAL Ethereum Killer! 😎👍👍👍👍

[bbka]

Thank you for the comprehensive research and review. This should open the eyes of people who were calling XDC a scam.

[gabriel.]

This looks like a genuine $10/$20 coin with in 3/5 years
I’m loading up
Potentially bigger than XRP ?
Wait at getting $1 Trillion market cap XDC would be worth $130
Ok, now there’s a proper 10 year plan

[kevinwalton]

Watching your video now and it is a great deep dive… already sent it to multiple group chats…. Please keep posting in depth videos like this on this YouTube page regarding other main projects as well … HBAR, Casper, Xlm, XRP, Algorand, Iota, Constellation (DAG)…. YOU’RE THE MAN.

[bobbyjonas]

XDC will kill Ethereum! XDC is the REAL Ethereum Killer! 😎👍

[ryanmcbride]

Geezer you come across like you do this for a living. Very very good

[voytekx]

Great overview. Shows the scope of what Xin Fin is building. It's no doubt a game-changer for SMEs and institutions involved in trade finance ecosystem. My questions is how does that translate into a value of XDC token? Is it possible that the token supply might increase rapidly as the adoption grows? Do the earnings from the tools that Xin Fin provide flow back into the token in any way?

[sidicharif_]

That's what I call research!!
Well done CoF!

And thank you for laying it all out.

Question: when exactly will xdc be used?
- will it cost xdc to make a doc?
- or does xdc fees apply for every doc which goes over the network
- would xdc also function as a cross border settlement token?

The way I understand it, is that it will be used for making and creating Doc's
(Not so much the value of the good being traded).
- ???

[hendrikmann]

Very Very Very good reseach, I am ready for the next episode :D

[euromandriver]

Keep it up with the XDC content. Thank you.

[TimOthy]

🍻 As always, thanks for sharing your work.

We’re at the precipice of the old world. A new age is upon us and we get to participate. Most choose to pay attention to the distractions. Those who don’t not follow blindly, will be rewarded. These opportunities that lie ahead, aren’t just life changing, it’s generational.

I only wish more people would take part.
#cheers

[EleganteSelva]

Thanks for the forecast! Just a quick off-topic question: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). How can I transfer them to Binance?

[PeppinGuerra]

Thanks for the breakdown! 🤔 Need some advice: 🙏 I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). Can someone explain what this is? 😅

[MarcusPryor]

I feel like I’m sitting in on a high ranking investment meeting put on by XDC to explain themselves to financial institutions. This is the information that only comes together like this behind closed doors.

[calykings]

Great Video! This is fire! Thanks so much! Hey what’s that software you used to do the Mind Maps?

[soulsilver]

This is the kind of video that needs to be watched twice and of course researched

[JonnyRootsDem]

Proper deep research mate, appreciate it. I was impressed with XDC on Corda, but this is platinum info.

[Jeanneellis]

Brilliant 💎 work and presentation!
*Banks don’t have their Bags*
so true💯

[PepeTheFrog.]

Hey COTF you should look at Money Today Show's content. His channel is also one which provides a lot of value just like yours.
A collaboration would be great for the viewers.

[magnison]

Wow! You earned my subscribe! I can't imagine the time it took you to put all that together for a video, and more so the time it took you to research it all. Thanks for that. And... uh... I have a fat bag of XDC but think I'm gonna buy more. :) Any suggestions on which wallet or storage device to hold it?