This year’s consensus has been a flop in the eyes of many investors. That’s because many expected crypto prices to skyrocket shortly after, but the opposite seems to have happened. However, for someone who can see beyond the prices, this year’s event was more successful than any other. The deals that emerged out of this event are likely to lead to the mass adoption of blockchain technology, and push prices to valuations never seen before. Just to give you context on how huge consensus was this year, you need to look at a project like XinFin (XDCE).
XinFin is a hybrid blockchain that aims to facilitate peer-to-peer financing for governments and corporations. A government can make use of the XinFin TradeFinex platform to access financing, instead of borrowing domestically, or from raising financing from expensive international loans. That’s powerful, right?
Well, during the consensus, the XinFin (XDCE) team got to engage with a number of government representatives from different countries. For instance, the XinFin team managed to meet up with officials of the Australian and Bermuda governments. The most interesting meetup was between XinFin and the Bermuda government officials, who expressed an interest to work with XinFin in building the Bermuda economy. XinFin could also enter into a deal with Australia’s New South Wales department of industry. Once such deals come into fruition, XinFin will emerge as one of the most valuable blockchains in the market. Clearly, Consensus 2018 was a major win for the XinFin blockchain. It is not every day that blockchain projects, especially the smaller ones get noticed at such a high level.
But it’s not governments that took note of XinFin during this year’s consensus meetup. Corporations too, took note, and are willing to work with XinFin in the future. Take AltiCast for example. This South Korean based company expressed willingness to work with XinFin by partnering with it on the TradeFinex platform. That’s a win, and will see XinFin gain a foothold in the South Korean market, one of the most important markets for cryptocurrencies.
With all these factors at play, it is not hard to see why XinFin is a one of the best projects to invest in, before it explodes. All it will take is for XinFin to get added to some major exchanges, and it will be headed to the moon. This will happen quite soon when you put into consideration the fact that the XinFin blockchain rivals the better known blockchains on multiple aspects. For instance, while it can be used in the development of smart contract just like Ethereum, it is way better in the sense that it is hybrid. This means that it offers privacy to users, especially for corporations that deal with sensitive information.
There is a good chance that XinFin (XDCE) could get to $1 or even more within 2018. Its fundamentals are sound, and when you combine this with the possibility of some serious government partnerships, it’s not hard to see why XinFin (XDCE) is a high potential blockchain!