Tag

Stable Pay
20
Nov

Xank Signs MOU with Smart Olive

Xank (CEO Kim Ryu Hyun) and Smart Olive (CEO Park Hyun-sook) announced on the 20th that they signed a blockchain business agreement on November 13th. As an electronic food stamp platform company, Smart Olive opened its service in 2016 and now has strengths in the corporate sector, educational institutions, and cafeteria services by differentiating IT...
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31
Aug

Xank Signs MOU with CNI

On August 28th, Xank signed an MOU with CNI for blockchain consulting and marketing. CNI is a domestic and international blockchain consulting and marketing agency. It is in charge of a number of domestic and international blockchain projects, managing consulting and marketing, and has a portfolio of many successful projects. Xank, the free-floating stable transaction...
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01
Aug

Xank Wallet User Guide

Hello Xank community. With the soft launch of our Xank Wallet, we think it would be wise to give you a guide on how you can best make use of our product. We’ve created this guide so that anyone, even those without any experience in cryptocurrencies, can access xank.app and enjoy our coinback (cashback, but...
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25
Jun

Xank Signs MOU with Bytesmix

On June 24th, Xank signed an MOU with Bytesmix for technical development. Bytesmix is a software development and consulting company with an experienced team from well-known IT firms like Naver and ESTsoft. Bytesmix has been running its very own blockchain wallet and is also preparing to launch a dApp by the end of this year....
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19
Jun

Xank Token Distribution and Lockup Schedule

Hello Xank community, Today, we’d like to share with you Xank’s token distribution and lockup schedule in a single post so that you guys don’t have to go through our various papers to find this information. Let’s get right into it! Token Distribution A total of 1,000,000,000 (one billion) tokens are currently issued, and this...
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05
Jun

Introducing the Xank Reserve

Today, we’d like to introduce the core element of Xank’s Stable Pay mechanism, which is the Xank Reserve. We hope to shed more light on how the Xank Reserve will operate to enable better, price stable transactions. Xank is unique in that the cryptocurrency itself can fluctuate in price, but it still can perform as...
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10
Jun

Understanding the Common Shortcomings of Stablecoins

This month, Bitcoin went on a bull run that harkened memories of 2017 when digital currencies routinely reached new peaks before pushing seemingly ever higher. While everyone remembers the peaks, it’s easy to forget about the valleys. The price decreases that often accompany Bitcoin’s price ascendance. Volatility is the less exciting component of the digital...
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26
Dec

ELI5: Xank, the Unstable “Stablecoin”

In our previous post, we took a ride through history to arrive at the present day, where we unabashedly labeled Xank “the Ideal Money”.
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15
Oct

The Xank Reserve: An Autonomous Self-Funding Stabilizing Mechanism

Establishing a currency price peg to any underlying asset traditionally involved holding a reserve of the underlying asset.
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25
Jul

Xank Stable Pay: Achieving Stablecoin Functionality On-Demand

Cryptocurrencies are inherently priced unstable due to the market interactions of supply and demand.
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13
Jul

Inherent Stablecoin Challenges That Xank Is Set To Overcome

The stablecoin concept came about as a way to mitigate against the price volatility that most cryptocurrencies face which has ultimately hindered their adoption.
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