Join Our Mailing List
Sunday December 10, 2023
Bitcoin (BTC) $43,907.76   Ethereum (ETH) $2,356.45
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Networks & Protocols

XDC Network unveils smart contract and tokenization platform, Origin

​​Utilizing Origin, businesses, developers, clubs, and everyday users gain access to powerful token creation tools, launching new assets — and even entire DAOs — in just a few clicks...

Published by CryptoNinjas.net
03/08/2022
XDC Network unveils smart contract and tokenization platform, Origin

XDC Network, a highly interoperable hybrid blockchain platform built by XinFin, today revealed its smart contract and tokenization platform, Origin — a user-friendly tool that enables the secure creation of complex smart contracts at the click of a button.

Origin allows for the creation, issuance, and management of XDC-based token standards via the XDC Network. By leveraging Origin’s rigorously tested smart contract framework, any project or enterprise can mint fungible XRC20 tokens on the XDC Network without writing code or hiring developers.

XRC20 tokens have a variety of use cases, including utility tokens, or even governance tokens. Origin will soon integrate options for an array of additional token standards, including non-fungible tokens (NFTs).

The platform is free to use and will be open-source. New assets can be deployed to the XDC Network through Origin with incredibly little capital — typically for under five-thousandths of a cent — something currently impossible on Ethereum due to its prohibitively high fees.

Importantly, Origin allows anyone to manage the tokenomics of their projects, from controlling minting functions to adding a burn mechanism as well as pausing or transferring ownership of a contract.

Origin offers a user experience aimed at simplifying the token creation process…

Through the platform, a new user without any blockchain experience can create, verify, and deploy their token in under two minutes for a fraction of a cent. Origin also comes equipped with a comprehensive dashboard providing an overview and management of multiple tokens deployed on the XDC Network.

From football associations to VIP social clubs and DAOs, cryptocurrency tokens have emerged as a utility-based means of fundraising, providing fan rewards, encouraging social engagement, and even providing access to special events and organizations. Aiming to streamline the token creation process, Origin facilitates a clear means of quickly minting and managing digital assets in a secure and manageable way.

Use cases are endless, from the creation of exclusive tokens that can be airdropped within a promotional campaign to issuing assets representing unique votes in a decentralized autonomous organization (DAO). Also, Origin could be utilized to create an incentive-based loyalty token for businesses that reward employee accomplishments or that engage their customer base.

Recently, Major League Soccer team D.C. United announced plans to deploy a ‘Fan Token’ program on the XDC Network, which may facilitate exclusive experiences and special access for fans.

“Origin stands to be a game-changer for virtually any business, organization or even individual to abstract the complexities of token creation and keep overhead to a minimum. From crypto-newbies to experienced developers, Origin allows users to focus on other crucial business operations — such as the user experience and/or community infrastructure.”
– Atul Khekade, Co-Founder of XinFin FinTech & Director of the XDC Foundation

By leveraging the XDC Network and simplifying the token creation experience, Origin allows users to benefit from the blockchain’s increased efficiency and low-cost infrastructure.

The XDC Network features a consensus mechanism, dubbed XDPoS (XinFin Delegated Proof of stake), which is Byzantine Fault Tolerant (BFT) and supports scalable, energy-efficient, and EVM-compatible blockchain use across industries.

104
SHARES
SubscribeE-MailXFacebookWhatsappTelegramRedditLinkedin
Source: xinfin.org

Related News

XDC Network integrated into crypto custody platform Fireblocks

03/15/2022
XDC Network integrated into crypto custody platform Fireblocks

Fireblocks, an infrastructure provider for blockchain assets, announced today it has integrated XDC Network, a hybrid blockchain protocol specializing in tokenizing trade instruments. Soon, Fireblocks’ clients that leverage its all-in-one blockchain platform to send,...

Read more

Enterprise-grade hybrid blockchain XDC Network unveils new multi-platform SDKs

10/11/2021
Enterprise-grade hybrid blockchain XDC Network unveils new multi-platform SDK

XDC Network, the enterprise-grade hybrid blockchain specializing in global trade and finance, today released a collection of multiplatform software development kits (SDKs), covering iOS, Android, .NET, Java, and Go. The SDKs will allow application...

Read more

Blockchain Intelligence Group to support XinFin (XDC) on its crypto investigation platform

09/29/2021
Blockchain Intelligence Group to support XinFin (XDC) on its crypto investigation platform

BIGG Digital Assets (BIGG), owner of Blockchain Intelligence Group, a developer of a blockchain technology platform for analysis, compliance, and forensics has announced a partnership with XinFin, developer of the enterprise-ready hybrid blockchain network,...

Read more

XinFin and Tradeteq team up to provide tokenized NFT-based trade finance platform

09/27/2021
XinFin and Tradeteq team up to provide tokenized NFT-based trade finance platform

Tradeteq, a provider of data, technology & software to the trade finance industry, announced today it has partnered with Singapore-based eXchange inFinite (XinFin) to offer tokenized trade finance products to institutional investors and has...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
The Best Crypto Casinos: Where Blockchain Meets Gaming Excitement

The Best Crypto Casinos: Where Blockchain Meets Gaming Excitement

12/08/2023
Crypto quant trading platform AlgoTrader completes CHF 3.7M Series A funding

Crypto quant trading platform AlgoTrader completes CHF 3.7M Series A funding

01/08/2020
LiquidApps releases customizable enterprise blockchain specific solution: LiquidChains

LiquidApps releases customizable enterprise blockchain specific solution: LiquidChains

02/20/2020
P2P crypto trading network AirSwap introduces on-chain limit order feature

P2P crypto trading network AirSwap introduces on-chain limit order feature

02/07/2020
Cryptocurrency Payments for Insurance: Are Insurance Companies Really Embracing Bitcoin and Altcoins?

Cryptocurrency Payments for Insurance: Are Insurance Companies Really Embracing Bitcoin and Altcoins?

11/20/2023
4 Things We’ve Learned About Owning Bitcoin in 2023

4 Things We’ve Learned About Owning Bitcoin in 2023

11/13/2023
Fuse Network welcomes Liquify as new blockchain infrastructure partner

Fuse Network welcomes Liquify as new blockchain infrastructure partner

10/02/2023
BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

BITmarkets – Spot, Futures, Margin Trading with 150+ Cryptocurrencies

08/28/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2024 CryptoNinjas Disclosures | Privacy Policy