Vixichain melds Web3 technologies with traditional banking infrastructure, creating an ecosystem that is built for the future. Our technology caters to needs in both traditional and digital financial spaces.
Vixichain integrates advanced encryption to empower users with control over their data while ensuring regulatory compliance. Transactions are securely recorded on an encrypted ledger, limiting public visibility and keeping sensitive data accessible only to authorized parties.
Banks act as validators (BaV), adding regulatory legitimacy to blockchain transactions, and as service providers (BaSP), offering services like currency conversions and custodial solutions. This integration ensures compliance with AML and KYC standards, facilitating regulated cross-border transactions.
Vixichain enhances transparency and compliance by introducing a robust source of funds (SoF) verification protocol for Ethereum Virtual Machine (EVM) networks. This protocol allows for the transparent tracing of transactions' origins, reducing illicit activities.
The NFTS model redefines stable tokens by using NFTs to represent fiat-backed assets in a user-specific, transparent manner. Each NFTS is pegged 1:1 to a fiat asset like the US Dollar, linked to a physical banknote’s serial number for direct ownership and traceability.
Vixichain’s cross-chain bridge enables secure asset transfers between Vixichain and other blockchains while maintaining regulatory compliance. The bridge performs compliance checks to ensure that only legitimate assets are transferred. It supports EVM networks such as Ethereum and Tron etc.
The VIXC token is the core utility token within the Vixichain ecosystem. It is used to pay transaction fees, staking rewards, and validator incentives, ensuring a self-sustaining network model. Users and validators earn rewards through staking VIXC, promoting engagement and long-term growth of the platform.
The Vixichain Web3 Wallet simplifies accessing blockchain-based financial services. It allows users to manage both crypto and fiat assets within a single wallet, supporting cross-border transactions and real-world usage. With built-in compliance features like AML/KYC checks and risk scoring, the wallet ensures secure transactions, and it supports virtual and physical debit card integration for crypto payments.
Vixichain’s Explorer provides transaction transparency while maintaining user data privacy. Basic transaction information is publicly available, while sensitive details are encrypted and accessible only to authorized parties. Users control access to their data, fostering trust and compliance with data protection standards.
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Involving regulated banks and financial institutions as key components in the transaction validation process reduces risks and leverages their massive infrastructure and reputation to strengthen the blockchain ecosystem and establish trust between interacting parties.
Integrating traditional banking institutions into the validation process grants users unprecedented freedom to choose their banking partners worldwide for each deal, and improves transactions terms.
By issuing NFT stablecoins against money in circulation, digitally stamped and backed by regulated financial institutions, we ensure true proof of funds and provide a full history from distribution, thereby minimizing AML risks.
The semi-transparent protocol enables users to maintain privacy and control over their information-sharing by implementing protective layers and offering customizable levels of transparency.
Vixichain's blockchain architecture and its decentralized NFT trust protocol (DNTP) accelerate transactions and reduce costs, ensuring swift proof of reserves and seamless transaction completion.
The semi-transparent blockchain prioritizes security, efficiency, and compliance for global transactions. It’s encryption algorithms provide increased privacy, ensuring that sensitive financial data is protected while maintaining regulatory compliance.
Financial institutions serve as the network's nodes, validating each transaction. Users have the autonomy to select their preferred validators based on criteria such as transaction fees, processing speed, and trustworthiness. This innovative approach integrates traditional financial services providers into the blockchain ecosystem, enhancing the reliability and efficiency of Vixichain transactions.
Transactions on Vixichain are designed to be secure, efficient, and user-friendly. When a transaction is initiated, it first undergoes verification by nodes within the network. This ensures the transaction's legitimacy and compliance with relevant standards. The consensus mechanism is then engaged, where multiple validators agree on the transaction's validity, adding an extra layer of security and accuracy. Finally, the transaction is confirmed and permanently recorded on the blockchain, ensuring immutability and transparency. This process allows Vixichain to maintain trust and reliability across all transactions.
Smart contracts on Vixichain are autonomous, self-executing contracts that are coded to run on the blockchain. They automatically enforce and execute the terms of an agreement based on predefined rules and conditions. These smart contracts enable trustless, transparent, and efficient transactions without the need for intermediaries. On Vixichain, they play a crucial role in streamlining processes, ensuring compliance, and supporting various decentralized applications, enhancing the platform's functionality and user experience
Transaction privacy on Vixichain is achieved through the use of advanced encryption algorithms. These algorithms work to securely encrypt transaction details, ensuring that sensitive data remains confidential while being processed on the blockchain. This approach allows Vixichain to offer a high degree of privacy to its users, safeguarding their financial information and activities, while still maintaining transparency where necessary for regulatory compliance and network integrity. This balance of privacy and openness is a key aspect of Vixichain's secure and efficient blockchain environment.
An AML/KYT (Anti-Money Laundering/Know Your Transaction) rule engine built as a smart contract is a blockchain-based tool designed to automate and enhance the compliance processes for financial transactions. It operates on predefined rules and algorithms to analyze blockchain transaction data, flagging any suspicious activities that might indicate money laundering or other financial crimes. The smart contract aspect ensures that this screening is executed in a transparent, tamper-proof, and efficient manner, providing real-time compliance checks while maintaining the decentralized ethos of blockchain technology. This tool is crucial for organisations adhering to regulatory standards while leveraging the benefits of blockchain.
Potential node operators on Vixichain are typically reputable financial institutions, such as banks and other regulated financial institutions. These operators play a pivotal role in maintaining the network's integrity and security. They are responsible for validating transactions, ensuring compliance with regulatory standards, and contributing to the overall stability and reliability of the blockchain. Their involvement also brings a level of trust and credibility to the Vixichain network, essential for its adoption across mainstream financial services.
NFT(s) stable coin tokens are a unique class of digital assets that combine the qualities of Non-Fungible Tokens (NFTs) with the stability of traditional stablecoins. Each token represents a distinct, non-interchangeable unit on the blockchain, much like ordinary NFTs, which are known for their uniqueness and collectability. However, unlike typical NFTs, these tokens are pegged to stable values, such as fiat currencies or other assets to offer price stability. This fusion offers the benefits of NFTs, such as authenticity and ownership verification, while mitigating the price volatility commonly associated with cryptocurrencies.
On the Vixichain blockchain, transactions undergo a series of processes including validation and consensus. When a transaction is initiated, it is first verified by financial institutions acting as nodes. These nodes assess the transaction's validity based on predefined criteria. Following this, a consensus mechanism comes into play, where multiple nodes agree on the transaction's legitimacy, ensuring its accuracy and security. This process culminates in the final confirmation and recording of the transaction on the blockchain, making it immutable and transparent. This sequence ensures a secure, efficient, and reliable transaction process on Vixichain.
Cross-border transactions on Vixichain are transformed into seamless, efficient, and borderless financial exchanges. This platform facilitates international payments by eliminating traditional geographic and regulatory constraints, significantly reducing transaction times and costs. Vixichain’s secure and compliant framework makes it an ideal solution for global financial transfers, providing users with a borderless, reliable, and cost-effective option for managing international transactions.
The VIXC token is a central component of the Vixichain ecosystem, serving primarily as the medium for transaction fees within the network. Its value lies in its deflationary nature; tokens used as gas fees are systematically burned, reducing their overall supply and potentially increasing their value over time. This mechanism makes VIXC an attractive asset for long-term investors. Additionally, the token incentivizes network validators, predominantly financial institutions, to maintain the integrity and efficiency of the blockchain, aligning their interests with the token's health and stability.
Payment Processing Platforms: Facilitating global transactions, including cross-border payments and remittances. Decentralized Exchanges (DEXs): Enabling users to trade cryptocurrencies or digital assets without a central authority. Lending and Borrowing Platforms: Peer-to-peer lending services allowing users to lend or borrow assets, potentially with lower interest rates and greater accessibility.
A user wallet scoring mechanism on Vixichain, implemented via a smart Trust protocol, could function as follows: It would assess the trustworthiness of user wallets based on their transaction history and behaviours. The protocol would analyze factors such as transaction frequency, amounts, recipient credibility, and consistency with typical financial patterns. Each wallet would receive a score reflecting its trust level, aiding in identifying reputable participants and potentially flagging suspicious activities. This system, automated through smart contracts, would enhance security and trust within the Vixichain ecosystem.
VIXI Private Sale
Round ends in:
03d : 06h : 37m : 17s
Current Price
Round
Enter Private sale
Start Price
$0.018
Presale Offer
Start date
1 Feb, 2024
End date
30 Jan, 2025
The unique architecture of Vixichain ecosystem is designed to ensure token tradability, maintain constant demand, and propel the VIXC token economy forward
Our native token, functioning under the VIXC10 protocol, acts as the sole gas fee to all projects and DApps in our ecosystem. The VIXC Token offers a multitude of benefits for token holders, blockchain validators, and for everyday use in FCBank.
Token holders earn cashback on every transaction. FCBank provides cashback in VIXC tokens, with potential rewords reaching up to 5%.
Built for the community, Vixi VIP exclusives Club features Vixichain's unique rewards program for VIXC token holders. It offers hundreds of benefits, including access to a marketplace, concierge services, and one-to-one support – all strategically designed to drive token demand.
The company commits to burning 50% of the base fees generated from gas fees, progressively increasing the token's value over time.
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