When it comes to crypto adoption, very few projects can beat XinFin (XDCE), despite the fact that it is a relatively new project. A few days ago, MAC material Acquisition CO, an American equipment manufacturer announced that they would be accepting payment’s in XinFin’s XDCE. In making the announcement, the company owner, Mr. McDunnough had this to say,
“As the world’s economy is quickly adopting cryptocurrency and enjoying its benefits, MAC Material Acquisition Co is ready for its adoption. We are positioned to take the lead in the Americas, Europe and Asia in sourcing and marketing of Manufacturing equipment, Plastic Resins and Data Destruction equipment utilizing this new form of payment. Our clients also have the advantage to use XDCE and XDC for payment.”
This is a big deal for XinFin because it means that American businesses are beginning to appreciate the power of the XinFin blockchain, and its potential to make business more efficient. It also means that the efforts of the XinFin team to create more awareness about this project are bearing fruit, and this is a big deal for XinFin investors.
It’s big deal because XinFin is also pushing for more awareness about this blockchain in an equally big market, and that’s China. Yesterday, the XinFin team was part of the key players in the SME Conference 2018 in Singapore. The conference was organized by the Chinese Chamber of Commerce & Industry, and XinFin’s co-founder Peter Yeo, a cofounder of the XinFin chamber of commerce was one of the key speakers. From that forum, more Chinese business people especially those in manufacturing, could move to use the XinFin blockchain, and it makes sense for them to do so.
First, through the XinFin TradeFinex platform, businesses can access financing through a cheap, efficient and transparent crowdfunding mechanism. This is a perfect financing mechanism for Chinese manufacturers, since such financing is cheaper, than getting the same from banks. In an industry like manufacturing where costs are a key factor, XinFin is the perfect solution for this industry.
For investors, an entry of XinFin (XDCE) into the vast Chinese market will be a huge deal to the worthiness of their investments. That’s because XinFin (XDCE) is the token that is used in the TradeFinex platform. As such, an influx of businesses using XinFin (XDCE) in major economies like China and the United States will in the long-run have a huge impact on the value of the XinFin (XDCE) token.
This makes XinFin a high potential crypto now that the market drop has disproportionately pushed down the value of altcoins. At $0.001 and with the current adoption rate, XinFin could very easily rise to $0.10 in the near-term. The adoption of XinFin by MAC material Acquisition CO is already a sign of big things to come for this crypto in terms of adoption. The future is in hybrid blockchains and XinFin is without a doubt leading from the front.