Xend finance is compatible with the Ethereum blockchain and supports ERC-20 tokens and Binance smart chain supporting BEP-20 tokens as well. ETHEREUM Describes itself as a global, open-source platform for decentralized applications. The Ethereum network uses Ether as the token within its ecosystem to pay for gas(fees) while making smart contract…

Finance has evolved over the years, from book keeping to double entry accounting system using ledgers and now, triple entry accounting system using blockchain where mathematical equations and cryptography create records on a permanent tamper-proof digital ledger. On blockchain, the first record is from the sender, the second record goes…

This is an article comparing traditional finance in the banking system with decentralized finance on blockchain using five factors and Xend Finance as a case study. AUTHORIZATION Xend finance is a credit union decentralized finance protocol leveraging on smart contract programs to provide seamless lending, borrowing and savings operations with a…

Xend finance is currently conducting its testnet with over 200 participants so far in three weeks. The mainnet is not available yet hence the testnet to improve some features on the platform to make it more suitable for users. To access the testnet, visit testnet.xend.finance to get started. After visiting the…