The Xank Reserve mechanism calibrates Stable Pay transactions to maintain the fiat denominated peg during the transaction’s lifecycle. The reserve is self-funded by a percentage of the block reward.
Masternode Vote Weighting
Masternodes establish a Self Sovereign Identity score that is awarded by other stakeholders based on a meritocratic Reputation Index. They can operate as many nodes as they want, but they can only establish one voting seat.
IMF SDR Peg
Pegging to the IMF’s SDR, based on a weighted value derived from a basket of the world’s major currencies, further eliminates any individual fiat currency price volatility.
Xank users can choose stablecoin functionality on a per-transaction basis. Stable Pay transactions are calibrated through the Xank Reserve mechanism ensuring price-stability in fiat denominated terms.See Details
Self Funded Treasury
The Xank Treasury will be funded directly from block rewards enduring the perpetual development and promotion of the cryptocurrency. Furthermore, as the treasury grows beyond the network needs it will turn to fund real-world projects intending to improving the human condition.See Details
Mirroring the Bridgewater Idea Meritocracy, Xank stakeholders earn voting weight by building up their reputation among other stakeholders through the use of a Self Sovereign Identity score and Reputation Index mechanism.See Details
Co-Founder & CEO
Ryan is a serial entrepreneur with 25+ years of experience. He founded Hycom Data Communications Inc. when he returned to Seoul from Silicon Valley with virtually nothing and IPO’ed it on Kosdaq, South Korean stock market twelve years later. He got into Bitcoin in 2015, after realizing that blockchain is the next internet.
Co-Founder & CTO
Ellie founded Hycare Systems Inc. and worked on Ajou University Hospital, Inha University Hospital, and Yonsei Severance Hospital. She helped in setting up Trak Systems Asia with a partner in Austrailia. She is blockchain architect and attended Yonsei University with a Computer Science degree.
Billy’s technical sales and marketing experience include work as a senior consultant at IBM, HP, and PTC. He is now an avid believer in blockchain technology and an active developer. He attended Yonsei University with a Mechanical Engineering degree and completed MBA program in e-Commerce at aSSIST.
Sung Kim’s finance experience includes work as an equity derivatives analyst at Morgan Stanley and a portfolio manager at Wilshire Asset Management. He is now an avid believer in blockchain technology and an active writer. He attended University of Southern California with a Business Administration degree.
Hwang Daepyo is a technology sector insider with 35+ years of experience in South Korea. He is a former CIO of Korean Air and Hanjin Shipping, two of the largest logistics companies in Korea. He attended Korea University with a mathematics degree.
Taguchi San is a technology sector insider with 30+ years of experience in Japan. He is a former VP of EDS Japan and CEO of Gartner Japan, leading American information technology companies. He attended Tokyo University of Science with a mechanical engineering degree.
Lim Byeon is a Korean lawyer. He passed the 50th Judicial Examination in 2008, completed the 40th Judicial Research and Training Institute, and studied the corporate law at the Judicial Research and Training Institute. He worked as an in-house lawyer at SK Networks Co. Ltd., Coupang Inc. Since 2017, he has worked as a representative lawyer for the Start Law Firm, and he has a second level E-commerce certificate.
Chung Byeon is a Korean lawyer. He received bachelor’s degree from Hanyang University, master degree in civil litigation law from Korea University. He passed the 6th lawyer examination. He has work experience in Otis Elevator Ltd., SK Networks Co., Ltd., and Law firm Hanmack. Since 2017, he has worked as a partner lawyer in Start Law Firm.
Saerom is a mobile game developer using Java and C languages. Her programming experience includes work as an AI researcher at Cornell University. She is now an avid believer in blockchain technology and attended Cornell University with Bachelor and Master’s Computer Science degrees.
Sun is a cultural industry consulting expert who creates diverse and creative ideas for cultural industries. He has extensive monetization experience through the production, execution, and distribution of innovative companies in Greater China and South Korea. He is a current Korean Representative of SD Asia.
Sun Huan Huan is a cultural sector insider who is 6th generation Chinese entrepreneur. She is a Founder and CEO of Beijing Da Huan Pictures and Whale chain, leading Chinese companies. She invests in Blockchain and Cultural industries.
BD is an influential opinion leader with 33+ years of IT experience in South Korea. He is a former VP of HP Korea and GM of PTC Korea, two prominent American companies. He attended Seoul National University and KAIST with bachelor’s and master’s Industrial Engineering degrees.