Xenchain paves the way for an industry-wide implementation of electronic Know-Your-Customer or e-KYC processes across the remittance, financial technology (fintech) and telecommunication industries as well as financial institutions.

For more information, you can check out via https://medium.com/@xenchain/xenchain-paves-the-way-for-an-industry-wide-implementation-of-electronic-know-your-customer-ekyc-7596ed5027c7

Coinswitch added Xenchain's XENC to their list.
https://coinswitch.co/coins/ethereum/ethereum-to-xenchain
Check out their blog for more information on how to use it.  https://blog.coinswitch.co/

Here are the four (4) main areas you need to know about Xenchain and its progress ranging from Development Progress, ICO Matters, Events, and General Updates.

Will be sharing more articles related to each segments!

Stay tuned for more!

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Xenchain's XENC is now trading in TokenJar https://tokenjar.io/XENC

$XENC by Xenchain has been added to IDEX https://idex.market/eth/xenc

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Xenchain On the Blockchain using IPFS

https://cdn-images-1.medium.com/max/1000/1*IXOZwOR-lD7dTjoQH9-RNQ.png

Xenchain’s latest progress update involves an update to the MVP, where we deployed IPFS nodes and enabled storing of the hash key onto the blockchain.

In addition, Face-Match is required as further security for your personal details. After the Onboarding is completed, the user’s Personal Details will be submitted and encrypt by our Private IPFS Nodes. Subsequently, the IPFS Nodes will pass an encrypted hash which would then be submitted to the Blockhain Network. In this case, the personal details of the user can only be retreived if the user provide the private key, which are created when the user register through the app.

As per the Flow of our Blockchain Solution, it allows our App to ensure that the user’s personal details will be store securely and can only be accessed through User’s Private key. In this case, through the use of IPFS Node, the personal details of each user will not only be stored in one place, however will be spread throughout the node allowing full redundancy if any IPFS Node is down. Furthermore the nature of IPFS would meant that existing personal details will continually be updated throughout the node, further enhancing the reliability. In addition, each personal details is encrypted by the IPFS Node, which in turn is further encrypted by the blockchain network. This meant that every personal details stored in IPFS Node can only be accessed by the Blockchain Network and the User’s Private Key.

For more details, please see https://medium.com/@xenchain/xenchain-on-the-blockchain-using-ipfs-f177d620918a

Xenchain CEO Steve Rao spoke about Evolution of Digital ID and eKYC using Blockchain together with Mohd Noor (co-founder & managing director of Rohingya Project), Zarah Tinholt (Co-chair of Blockchain for Social Impact, Board for Refugee Matters) and the moderator, Saad Mohib (Group CEO & co-founder of Halal Chain) at Bloconomic 2018.

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Xenchain iOS demo KYC app is available for download.
https://itunes.apple.com/us/app/xenchain/id1416414903?mt=8&ign-mpt=uo%3D4

The Xenchain KYC Demo App is ready on Google Play store!
https://play.google.com/store/apps/details?id=com.xenchain.official

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Thank you CryptoKrunch.io!

https://twitter.com/xen_chain/status/1024627013485621249

Announcement to AIRDROP Participants

Thank you for your participation and support by joining our Telegram chat group from the very beginning.

To claim your 10 XENC airdrop tokens, simply follow the steps and fill in your Telegram ID and ETH address used for airdrop registration here https://ico.xenchain.io/ico/check. (You MUST use the ETH address originally submitted to successfully claim the tokens).

You are encouraged to successfully make your claim by 3rd August 2018, 8pm GMT+8.

https://www.reddit.com/r/XenChain/comments/93obmp/announcement_to_airdrop_participants/

https://twitter.com/xen_chain/status/1024627013485621249

Announcement to AIRDROP Participants

Thank you for your participation and support by joining our Telegram chat group from the very beginning.

To claim your 10 XENC airdrop tokens, simply follow the steps and fill in your Telegram ID and ETH address used for airdrop registration here https://ico.xenchain.io/ico/check. (You MUST use the ETH address originally submitted to successfully claim the tokens).

You are encouraged to successfully make your claim by 3rd August 2018, 8pm GMT+8.

https://www.reddit.com/r/XenChain/comments/93obmp/announcement_to_airdrop_participants/

thank you for listing us.
https://foxico.io/project/xenchainico

yes, we do.
https://www.coingecko.com/en/ico/xenchain
https://www.youtube.com/watch?v=aLZ-hHURs9Q
https://icorating.com/ico/xenchain-xen/
https://icoholder.com/en/xenchain-21776
https://www.trackico.io/ico/xenchain/
https://bitcoinexchangeguide.com/xenchain-ico-xenc-token/
https://icobench.com/ico/xenchain/ratings
https://icomarks.com/ico/xenchain
https://cryptoslate.com/coins/xenchain/

Update to Social Media bounty.

Kindly read original post for info.

Summary:
-Basic postings / retweets for Facebook and Twitter increased to 10 XENC per action. Maximum of 3 per week.
-Additional 20 XENC for excellent comments with postings/retweets that fulfill criteria stated in original post.
-Reddit bounty adjustment - only original text posts will be rewarded with 150 XENC. Refer to original post for details.

*** approved bounty hunters work in week 1 and 2 to be counted as 10 XENC per retweet, FB sharing, reddit comment.

The Evolution of eKYC and Digital Identity in The Age of Blockchain

http://fintechnews.sg/20937/blockchain/xenchain-digital-identity-kyc/

Another thread for our reddit bounty hunters to upvote and comment.  Thanks

https://www.reddit.com/r/icocrypto/comments/8uy2m3/digital_identity_for_ecommerce/

KYC on Financial Institutions

https://www.youtube.com/watch?v=xl6gngGJyBU

End users (us included) may complain about the paperwork & processes required for KYC implementations, financial institutions & their corporate clients are struggling as well. TOP 3 reasons why KYC is stressing them out.

https://www.reddit.com/r/BlockChain/comments/8t7jck/digital_id_on_blockchain/
https://www.reddit.com/r/fintech/comments/8uprv9/kyc_on_financial_institutions/

For our reddit bounty hunters to upvote and comment.  Thank you!