Now, smart contracts in the XinFin XDC Network (XDC) can be deployed on any platform without any coding expertise that was initially made available by MyWish for top programmable blockchains including Ethereum (ETH), Binance Smart Chain (BSC), Tron (TRX), Eos (EOS), and Polygon (MATIC).
XDC is the native token of the XinFin network used for paying transaction fees and smart contract operations including staking to participate in XinFin's validator network. In fact, the platform is one of the first smart-contract blockchains to use proof-of-stake (PoS) consensus.
MyWish platform makes smart contracts development easier without any requirements of coding skills including modules available for token contract creation, airdrop launch, and multi-purpose crypto services platforms.
XinFin is a hybrid blockchain platform that takes the best parts of Ethereum and IBM's Quorum platform to provide solutions to the legacy financial ecosystem, ensuring firms and governments can easily convert their centralized systems into a more robust decentralized network
So far, XinFin has been used for remittance and peer-to-peer trading platforms, blockchain-based insurance, online digital asset-linked identity, end-to-end land registry record management, and more.
On the other hand, smart contracts on the MyWish platform utilize a system called ‘Joule’ in order to allow these smart contracts to run actively in a completely decentralized manner.
Besides that, the platform assists in transferring funds from the accounts with lost keys and listing crypto assets on top centralized and DEX platforms.