X-Infinity XIF Cryptocurrency Wallet: Unique Exchange Network & App?
XIF: The Next Generation Crypto-Wallet
Finding the right cryptocurrency wallet is a process. One particular option is the X-Infinity, a wallet that allows users to conduct convenient transactions using any blockchain asset as a currency. The wallet also allows users to store cryptocurrencies into the XIF wallet and then convert the currencies to fiat. The transactions are simple, secure, and they can be performed quickly through the wallet. Once the transaction is complete, the cryptocurrency is readily available to the general public and it can be used to settle payment almost instantly as well. For those who are looking to save money too, then the wallet delivers – the transactions are cheaper and one’s identity is kept private.
The wallet operates on the XIF exchange network to connect and exchange any asset on any blockchain to another blockchain. The protocol, called COMIT, is similar to the internet’s TCP/IP protocol because it connects blockchains together. Further, by using the network, X-Infinity can make cross-chain transactions.
The platform’s mobile app is functional and operates live, both on Android and iOS system. By using the mobile app, users can manage their wallet, access their account, buy XIF coins, and send the coins to other users. The platform will also issue a debit card at the end of 2018, which will be a standard-issue card that acts as a proxy for the wallet.
The card does not contain any data, but rather, acts as a “virtual gateway” to the wallet so that one can manage accounts and credentials. Once 2019 comes around, the platform is hoping that it will be able to support fiat funding and exchanges between fiat and crypto.
Currently, the platform provides business intelligences and marketing tools for merchant users. A few of the tools include insight into user preferences, ability to offer reward points, preference for cryptocurrency, automatic discounts, and more. The tools can all be accessed through the X-Infinity App and is compatible with point-of-sale equipment.
Another great feature of the platform is that it integrates well into daily life. Those who use it will be able to conduct both online and offline transactions with minimal charges. Further, merchants and consumers do not need POS hardware and they’ll notice that the XINFINITY debit card is the same as a standard card.
As for compliance, the platform complies with industry record-keeping standards, thereby decreasing the chance that it will face issues over the long term. The platform’s whitepaper indicates that its ledger system is founded upon international standards compliant with Singapore’s record-keeping requirements. The platform also maintains a complete transaction ledger for all transactions performed on its blockchain, the funds are then tracked from original input into the system, and settled back with the merchant.