DIGITAL IDENTITY

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.

Ethereum's ERC20

First of all, investors who are interested in our token sale should register their email on our website and sign up for a cryptocurrency wallet. Investors should then wait for the ICO dates which will be shown once it is officially confirmed.