Introducing the Next-Generation Cryptocurrency Wallet

The rapid growth of blockchain-based platform in various industries and the demand for their respective cryptocurrency are, to some extent, indicative of the masses’ desire for an alternative option to the current status quo.

The number of cryptocurrencies launched has kept on increasing in the past year. Up to June this year, there are close to 500 ICOs that have been launched, with more than $11 billion raised. Last year, $4 billion was raised. There are close to 1,600 cryptocurrencies in the market right now, according to CoinMarketCap.

While this is all well and good, there are now too many cryptocurrencies and wallets to manage conveniently. Developers also understandably incentivize the use of their own tokens over a general coin. Not mentioning the issue of price volatility and how some cryptocurrencies lacks liquidity compared to others, this makes it hard for merchants to accept a broad range of cryptocurrencies effectively.

In addition, the adoption of cryptocurrencies in the mainstream market or the “physical world” is still relatively low compared to card payment or even online payment. This is despite cryptocurrencies’ often-touted advantages of fast and cheap transaction.

X Infinity, a Singapore-based fintech company, is creating a unified cryptocurrency wallet that allows consumers and merchants the ability to transact as easily using any blockchain asset as a currency. The wallet is linked to a debit card, which you can spend at any retailer that accepts debit cards and also allows for International ATM cash withdrawals.

X Infinity’s vision is for blockchain assets to not only be available to the crypto-community, but rather something that can be used by anyone in the ‘real’ world. It does so by leveraging the power of the smartphone and blockchain to deliver a compelling, secure and scalable consumer experience.

X Infinity use cross-chain payment channels and the blockchain routing protocol to allow users to use their blockchain assets in real-time in the real world. To expedite this, X Infinity will be issuing the XIF coin in a Token Generation Event. XIF will be a fully transactional coin that enable transactions within the X-Infinity ecosystem.

Unlike other ICOs, X Infinity has a ready product (Android and iOS) from which those interested can download the XIF wallet to buy XIF coins.

Find out more from the official X Infinity website http://www.XInfinity.io and join the community at Telegram (https://t.me/XInfinity) and Facebook (https://www.facebook.com/xinfinityltd/).