HOW IS XAND DIFFERENT?
The current system: Too slow and too expensive.
The current system utilizes multiple intermediaries to both verify and transfer funds with most of this being done manually. It’s secure and trusted and if you want to transfer cash, it’s your only option.
The cryptoworld: Too new and too unproven.
Cryptocurrencies and stablecoins seek to get rid of the problem by getting rid of cash. In order to provide value, these novel approaches require all transacting parties to deal in tokens issued by yet another group of new intermediaries. And with no connection to the legacy systems and controls.
And too complex in today’s world.
As the majority of the world is not ready to give up on cold, hard cash, the crypto-world is simply adding new intermediaries and new risk to an already overly complicated system.
Xand: Cheaper, faster, better.
We bring best-in-class technologies that are proven to work to legacy financial systems to help them become more efficient, accurate, and transparent. All while staying within current regulatory frameworks and providing the security businesses have come to expect.
It combines the best in the existing financial system and the best in technology from the crypto-world to move payments forward.