What is Xchainz? It is a fintech startup uniquely positioned to disrupt the traditional financial industry. Damon Bryant and Larry Davis are the co-founders of this 7-month old blockchain-based startup in Dallas, Texas. The mission of Xchainz is to increase mass adoption of blockchain-based technologies through education, R&D, and commercialization activities.
Xchainz is the managing entity of two distributed open-source projects: (1) Light Pay Coin (https://lightpaycoin.org, LPC), a blockchain for conducting financial transactions that are instant and private. (2) Logis Coin (https://logiscoin.cc, LGS), an open-source blockchain focused on logistics and supply chain.
Davis and Bryant are graduates of Florida Agricultural & Mechanical University and Howard University, respectively. Bryant has a PhD in Psychology with a focus on quantitative psychology, behavioral economics, and artificial intelligence. Davis has a PhD in Engineering with a focus on virtual and distributed web-based systems. Both are members of the Government Blockchain Association (https://www.gbaglobal.org), an organization that advocates for blockchain use in government.
On the education and R&D fronts, Xchainz has a multiyear relationship with one of the largest R&D universities in the US, the University of Central Florida (https://today.ucf.edu/the-future-of-cryptocurrency/). At Xchainz, we are also assisting UCF's College of Business and College of Engineering & Computer Science in building a joint master's degree program in fintech, one of the first programs in the state of Florida and the country. In the UCF partnership, we are creating case studies of different applications of LPC and LGS. Our case studies are built with the intent of students in UCF's fintech program learning about blockchain technology and how it is changing the industry given its openness, censorship resistance, and immutable nature. By the way, UCF is located near Seminole County, which is one of the first counties in the nation to accept cryptocurrency for taxes (https://cointelegraph.com/news/us-seminole-county-florida-to-accept-crypto-for-tax-payment). So, Florida is a crypto beachhead for Xchainz launching lots of educational initiatives.
On the commercialization front, of the thousands of cryptocurrency blockchains that are out (https://coinmarketcap.com), we've built the world's 8th largest, next-generation blockchain (masternodes) in seven months. The LPC masternode network has approximately 3500 nodes across the globe. Our biggest markets are the United States, Germany, France, Korea, and Japan along with smaller participation in South Africa, Nigeria, China, Columbia, Turkey, Russia, Venezuela and others. With this organic global reach, LPC is now able to extend that reach with its availability on automatic teller machines (ATMs) and point of sale (POS) devices through our partnership with Coin Logiq (an ATM/POS provider based in Medellin, Columbia). Dwayne Golden, Sr created Coin Logiq to serve the South American markets. He is also the Global Expansion Advisor to Xchainz.
What's so special about the Coin Logiq/Xchainz partnership and the ATMs? Syngery! These first-of-a-kind, masternode ATMs are paid for their work in sending public or private transactions and protecting the blockchain from fraud or hacking. The more ATMs that are rolled out, the more robust the LPC blockchain becomes. They are two-way ATMs for buying/selling LPC and other popular cryptocurrencies, have biometric scanning for KYC/AML compliance, document readers, debit and credit card readers, 24-hour video-based customer support, and a second monitor for monetizing advertisements. The masternode-based ATMs are available for purchase now: (https://coinlogiq.com).
With the ATMs, we are targeting several verticals and are in unique position to disrupt international remittance. Here is an example: Western Union charges approximately 5% ($5.00) to execute a $100 USD international transaction from the US to Nigeria. Sending $100 USD in LPC from the US to Nigeria costs approximately 3/1000th of a penny and takes less than 1 second to send! Then, LPC can be converted to Niara (353,403 NGN) at one of the Coin Logiq ATMs for several times less than the total cost of the Western Union transaction. With our technology, we are able to send money around the world instantly and privately using the LPC financial payment network that is owned by the people. See the demo below by Dwayne Golden Jr and Lucas Velasquez from Coin Logiq featuring Logiq Pay.
As you can see from the demo, the great thing about the Logiq Pay feature is that the receiver of funds doesn't need to know that crypto is being used. They just redeem the QR code they've received by text, email, or other methods. So now you can send your grandma money using crypto, and she won't even know it! That's the power of this partnership!
Who can own a part of the network? Anyone can become an owner of a masternode ATM, POS device, or LPC/LGS network node. Individuals, families, churches, not-for-profits, entrepreneurs, and big businesses can now collectively own the financial network and achieve a level of economic freedom and independence from the current financial system that does not have the best interest of the people in mind. Join Us!
We have documented our journey on
YouTube (https://www.youtube.com/channel/UCmXhWcOVQLxHoZxwJ8hqQIw)
Twitter (https://twitter.com/LightPayCoin, https://twitter.com/Xchainz1)
Discord (https://discordapp.com/invite/BxR4PxP)
Instagram (https://www.instagram.com/xchainz_io/, https://www.instagram.com/lightpaycoin/)
Dtube (https://d.tube/#!/c/xchainz)
LinkedIn (https://www.linkedin.com/company/xchainz/about/, https://www.linkedin.com/company/light-pay-coin/about/)
Coin Logiq (https://www.coinlogiq.com)
Xchainz (https://xchainz.io)
Light Pay Coin (https://lightpaycoin.org)
LogisCoin (https://logiscoin.cc)
Masternodes.online (https://masternodes.online/currencies/LPC/)
CoinMarketCap (https://coinmarketcap.com/currencies/lightpaycoin/)
