Xenchain accelerates and strengthen identity verification processes by using e-KYC technology that requires facial recognition, making manual document authentication a thing of the past.
We creates and distributes XENCs to utilize the decentralized network of blockchain technology and enhancing personal data security by controlling where the data is stored and who has access to that information.
Current verification methods are time consuming, expensive and highly inefficient for both users and businesses which revolves around physical document authentication. There is also risk of data leakage to unknown parties who can easily gain access to personal information from the traditional centralized storage system
Personal data is encrypted and stored in a public ledger making it safe from breaches. Users will have control on who gains access to their information by giving permission to requestors to retrieve it from the network.
Most importantly, the data is validated by other users to ensure its credibility before onboarding it into the Xenchain
network.
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Xenchain accelerates and strengthen identity verification processes by using e-KYC...
Xenchain utilizes blockchain technology which is a decentralized public ledger which records cryptocurrency transactions between users.
Blockchain technology enables fast, secure and less costly transaction
among users.
By utilizing e-KYC (Know Your Customer) technology, personal data is secured in cryptography and access to your private
information is enabled only if you give permission to the requestor to retrieve the data
from the Xenchain Network.
Information will be stored in a decentralized network whereby users and developers can save bandwidth by accessing needed information from other peers compared to downloading the information from a centralized server which takes more time.
Xenchain version Alpha ready.
Xenchain trial deployment with corporate customers.
System readiness with corporate XenValidator.
Xenchain Whitepaper.
Xenchain version Alpha ready.
Xenchain trial deloymentwith corporate customers.
System readiness with corporate XenValidator.
Xenchain Whitepaper.
Private round completed.
Machine learning enchancement.
UIUX solution into new app.
Enhancement on image recognition proof of concept tested.
Campaign in leading Southeast Asia cities.
Private round completed.
Machine learning enchancement.
UIUX solution into new app.
Enhancement on image recognition proof of concept tested.
Campaign in leading Southeast Asia cities.
Xenchain version Beta + Blockchain storage.
Public to participate in token Sales using Xenchain KYC service.
Campaign in leading Asia, Europe cities.
Xenchain version Beta + Blockchain storage.
Public to participate in token Sales using Xenchain KYC service.
Campaign in leading Asia, Europe cities.
Acquiring 10 million XenUser and 3,000 XenDataConsumer.
Token allocation to 10 x strategic XenValidator partnership.
Acquiring 10 million XenUser and 3,000 XenDataConsumer.
Token allocation to 10 x strategic XenValidator partnership.
ICO stands for initial Coin Offering whereby a company is able to raise fund through issuing proprietary cryptocurrency through blockchain technology.
Participating in the ICO will allow you to support the development of Xenchain and etc.
Xenchain's token symbol is XENC and the token contract address can be found at 0x4cfe597e2922790353a093a1de4f6b47a4bb3f44.
Xenchain provides accurate data acquisition, verification and storage using blockchain technology whereby personal data hash is stored and data access permission in a distributed ledger blockchain escaping centralized control by a single party and each individual can control who has access to their private information.
Xenchain provides security on personal data so anyone who regards their infomation to be of utmost importance will deem Xenchain to be pivotal in protecting their personal information from being easily accessed by 3rd parties. There are three main users of Xenchain which are XenRequestors, XenUsers and XenValidators. XenRequestors are corporate entities or individuals who wish to retrieve and verify an identity from Xenchain network. XenUsers are natural people who want to store their identity data into Xenchain network using its unique security and verification features. XenValidators are entities which can provide personal questions for the purpose of identity validation or individual who can act as referee to another XenUser.
As of now, Xenchain services will not be available to U.S citizens due to strict local regulations of the Securities and Exchange Commission (SEC).
Verified identity data shall be generated with a unique ID and hash public key and stored into ERC20 public blockchain. The actual identity data will be stored off-chain in distributed storage IPFS protocol.
Soft cap represents the minimum amount of funds required by the company to get the project up and running whereas hard cap is the maximum amount of funds that can be raised. Any excess over the hard cap will be returned to the investors.
Investors will be notified on token distributions after the ICO ends by email as it will take some time to reconcile tokens correctly.
Yes, every ICO’s come with detailed whitepapers regarding on how blockchain is being used to integrate with the company product. Xenchain has released a whitepaper containing all relevant information for investor usage to ensure that they understand what Xenchain aims to do.
It will listed on large exchanges after the ICO ends.
Xenchain aims to be the pioneer on security of personal data with blockchain integration in South East Asia due to its large market opportunities and untapped potential especially in countries with less regulation on identification issues. Xenchain is a revolutionary service that prevents 3rd parties from having access to important private information such as social security number, online banking information and trails of other relevant data.
XENC tokens will be utility tokens which will be used by XenUsers, XenValidators and XenRequestors as payment method and reward claim. For instance, XenRequestors will pay X XENC for obtaining permission from XenUsers to access their information and XenUsers will be awarded 1 XENC at the same time.