XenChain ICO Overview | The Evolution of Digital Identity

in #ico2 years ago



Hey folks, @cryptokraze here with another overview about the upcoming ICO (XenChain). This will include what this ICO is about, what it will bring to crypto world and why it is worthy for me to invest in it.



ICO SUMMARY


SYMBOLXEN
START DATE1ST AUGUST, 2018
END DATE15TH AUGUST, 2018
TOKEN TYPEERC20
PLATFORMETHEREUM
TOKEN PRICE1 XEN = 0.16 USD
TOTAL SUPPLY200,000,000 XEN
HARD CAP15,000,000 USD
MIN. CONTRIBUTION0.1 ETH
ACCEPTINGETH


ABOUT THE PROJECT

  • To effectively utilize modern technology – blockchain to enhance personal data security
  • A powerful platform leveraging on functioning of smart contract technology to strengthen and accelerate identification process by using e-KYC that require facial recognition
  • XENCHAIN – The evolution of digital identity



WHAT WILL IT BRING TO CRYPTO WORLD

  • The Global Identity and Access Management was worth $7.94 billion in 2016, is now projected to worth $20.4 by 2022 will serve as the necessary catalyst for crypto boom in coming years
  • The adoption of XEN coin will strengthen the blockchain network
  • XEN coin will be the capital component for payment method in XENCHAIN



WHAT ARE THEIR FUTURE PLANS

  • XENCHAIN – Aim to create a platform that will completely replace the current system of verification which is time exhausting
  • To create a platform where manual mode of documentation will be a thing of the past
  • Aims to provide users with the largest identity platform which will permit an access to crucial information in a highly secure manner
  • A platform that will authorize a fully transparent transaction between all the parties involved identity management



WHY IT IS WORTHY TO INVEST

  • With XENCHAIN – users are guaranteed full protection of data and there is no leakage of personal data to unknown parties
  • To provide users with a robust platform that will be secure, efficient and practical
  • It will lower the cost by helping users to save time and process needed for onboarding
  • Customer will be able to use mobile application or Application Programming interface to verify and also retrieve their identity
  • XEN users will be reward with XEN token whenever identity data is share with permission



I have read XenChain ICO white paper and assembled this information. For further details, you can visit their official website.



Have a look on my other Posts

Eligma ICO Overview | Artificial Intelligence Driven and BlockChain Based Commerce Platform

eCoinomic ICO Overview | Collateral Loans for Crypto Owners

VINchain ICO Overview | 100% Trustworthy Vehicle History on Blockchain



Disclaimer
This ICO information is just for the interest of Crypto Lovers and should not be considered as investment advice. If you want to take this opportunity, then invest only what you can afford.


Images Sources: https://www.xenchain.io/

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is it like civic?

hello @cryptokraze

thank you so much for your awesome content

it's helpful for me!
i am happy to see your post
thank you

Hello sir I am new to steemit help me on steemit

resourceful info you have given to us i didnt know about this project untill now i will surely look into it,thank you for the info,i consider you as a mentor worth imitating i will follow your footsteps.thank you

After looking at the Xenchain project's Whitepage, I feel this is a potential project that has a clear direction. Especially the development team can call it pretty good. I hope this project will bring a good ecosystem in the Cryptocurrency world.

Shit ICO. Don't even think about investing in it.

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