XDT (Blinx Digital Technologies)

XDT (Blinx Digital Technologies) July 13, 2024

XDT (Blinx Digital Technologies)

This is a self-assessment, meaning, it is information that the issuer has written themselves. The XRP Ledger Foundation does not recommend or endorse any individual token. Read more.

Basic information

Project name: XDT (Blinx Digital Technologies)
Currency: XDT (XDT)
Issuing account: rhuMHXnxGhGqJiHDBbwCqFb5KMAaGkwJeK
Distribution accounts: rDzNUC9ENSs69RUYr7YHfe1H1mnzcgArTt

This is revision number 1, signed July 13, 2024 by rhuMHXnxGhGqJiHDBbwCqFb5KMAaGkwJeK

Description: Blinx Digital Technologies is a cloud-enabled blockchain payment system prioritizing innovation,
interoperability, and efficiency in the financial sector. By combining cloud-like infrastructure with
a secure blockchain foundation and adhering to ISO 20022 standards, we facilitate secure
institutional university and healthcare transfers under a unified payment network across
institutional dining & merchant services, instilling confidence in financial transactions.


Unique selling points: What makes this token unique, compared to the broader landscape of tokens?

This token is capable if implementing the first use case of a token on xrp ledger throughout both Universities and healthcare facilities. Crowning the creation of Uni-tech.


Purpose: What is the reason for issuing a new token, rather than using an existing? What purpose does this token serve, that is not possible with the native XRP token or other already existing tokens?

This token has a purpose of serving as a medium of exchange and also a selling point for potential partnerships. Being in control of the token and the AMM/Liquidity Pool can incentivize institutions to invest with us for a share in transaction fees in the liquidity pool, and we are able to issue the amount necessary for fair and equal opportunities for investors.


Whitepaper/sales material: https://docs.google.com/document/d/15WbcDbBBqI2B2-gFnwdZfWRfZz2gGlmG5eUSn7_msdw/edit#heading=h.rsqctu6i8jsc

The whitepaper includes concepts of how and when are the tokens created, total supply and if applicable the distribution models and total amount of allocation.


Risk reminder: The issuer has disclosed a warning or a reminder of the risks associated with crypto/tokens.


Bug bounty program: This is not applicable for this token.

Sovereign Entity

The self-assessment is made by a soverign entity (i.e. not a legal entity, such as a general partnership, limited partnership, private limited company, public limited company, corporation, commercial association or other).

Website: xdtxrp.org

Website information: The website should disclose the following information:
  • Contact information: e-mail and other contact information
  • Core team members
  • Whitepaper if available

The website contains relevant information.


Legal requirements: Legal requirements may vary per country and project. It is the responsibility of the legal entity to ensure legal compliance.

The issuer has assessed whether and what legal requirements apply to the project (licenses, jurisdictions, anti-money laundering regulations etc).

Self-assessment revisions
RevisionDate
Revision 1July 13, 2024