Today, XinFin is holding a meetup in Harare Zimbabwe after a series of such other meetups in Asia, Europe, and the U.S. So far these meetups have borne fruit since several companies are now using the XinFin (XDCE) token for payments. But Africa is quite an interesting market, one that could unlock the true value of the XinFin hybrid blockchain. That’s because its TradeFinex platform is designed to allow for a peer-to-peer financing mechanism for infrastructure investments. It’s a market worth over $24 trillion, but one that is also extremely inefficient and expensive to the participants. For instance, governments looking to make infrastructure developments often have to borrow domestically, or in the international markets, and both methods are expensive, which creates a unique need for XinFin’s TradeFinex.
The huge opportunity of Africa
Africa is one of the continents that still has massive room for infrastructure development, and African governments are borrowing heavily to finance the building of this infrastructure. This makes TradeFinex a perfect alternative for governments in the African continent looking to finance their infrastructure. Its peer-to-peer lending mechanism is not only cheaper, but also more efficient. In essence, by making forays into this continent, XinFin is in a unique position to capture this market and unlock trillions of dollars’ worth of value. And that’s a great opportunity for XinFin (XDCE) investors since as the use of TradeFinex increases, so will the value of the XinFin (XDCE) token.
But what are the chances of XinFin succeeding in this market, given that blockchain technology is still quite new. Well, from the look of it, XinFin has been very strategic in its moves, and so far, most of their moves have been a success. For instance, when they entered the U.S market, they did so through a research partnership with a university, as well as marketing in key business oriented forums. From these moves, they now have a major company in the U.S accepting XinFin (XDCE), and more are coming.
In Asia, a continent that is heavy in manufacturing, XinFin has been involved in a number of strategic meetups that target the business sector. For instance, in India, XinFin has held a series of meetups together with the FCCI (Federation of Indian Chamber of Commerce). The FCCI is the largest of its kind in India and offers XinFin a unique opportunity for this blockchain to gain widespread adoption in India.
With such strategic moves in the global infrastructure market, the value of XinFin (XDCE) could rise significantly. It has solid fundamentals backing it up, and a market that is larger than that of most other blockchain projects.