- Xalles
Holdings is developing its fintech network to embrace technological
solutions for a new era, including anticipated needs of the cryptocurrency
alt coin trading sector
- Cryptocurrency
market watchers are anticipating a new round of volatility during the
coming spring as the newest round of bitcoin “halving” occurs, creating
opportunity for a powerful crypto trading engine to generate confidence in
quick transactions
- The
company is also anticipating new revenue as it delivers a new X2X software
platform for reconciling financial transactions in business and government
payment applications
With the dawn of a new decade now upon us, market watchers
are preparing for a new round of volatility in cryptocurrencies as bitcoin, the
most popular of all the alt coins established as a free-trade bankless monetary
system, undergoes a new round of “halving” that cuts creation of the
cryptocurrency by 50 percent. The automated halving process is expected to
occur sometime in May 2020 to control inflation, and is further expected to
send the cryptocurrency through sharp price increases as well as sharp drops in
its value (http://ibn.fm/ndbfl).
Fintech holding company Xalles Holdings Inc. (OTC: XALL) has been positioning
itself as a strong player in the crypto and blockchain realms, readying its
partner’s cryptocurrency trading engine that nimbly facilitates fast and
efficient cryptocurrency transactions to give traders a measure of confidence
if they intend to ride out the market’s volatility.
Alt coins arose as something of a libertarian effort for
people to securely network financially with one another through the
blockchain’s immutable ledge system without a fiat system’s oversight, but a
variety of frauds and untimely deaths have exhibited the risks inherent to such
an enterprise. The ability to quickly complete trades helps value holders to
mitigate some of those risks.
When Argentina’s central bank attempted to put a limit on
how many U.S. dollars its citizens could buy on the currency exchange markets
in October to fight inflationary trends, it drove many people to buy bitcoin
instead in protest of government controls on their finances (http://ibn.fm/CE8wf).
Xalles is chiefly devoted to providing a diverse number of
payment transaction consulting solutions to government entities, businesses and
individual consumers. The company’s revenues are obtained through a share of
the till when clients establish a financial transaction toll gate, according to
an interview with the company’s CEO, Thomas Nash (http://ibn.fm/Br6XD).
Xalles’ revenue-sharing agreement with All the Numbers
Trading Company, LLC (ATN Trading) to develop a cryptocurrency engine similar
to the automated “bots” used by experts in the stock market is an example of
its work with partners to roll out innovations. Under the agreement, Xalles
will ensure the distribution of the tech solution to a large community of
traders among its contacts and within its client base.
“After months of testing ATN Trading’s system, we are highly
impressed with the results; it exceeded our expectations,” Nash stated when the
agreement was announced in September (http://ibn.fm/aWk4H). “We selected ATN Trading as our
revenue sharing partner because of the integrity of the platform and its unique
pricing model. This as an excellent opportunity for us to profitably
participate in the cryptocurrency investment market segment.”
Xalles is also nearing development completion of its
blockchain-based solution for business and government payments and post-payment
auditing. The solution, dubbed the X2X system, will facilitate financial
transaction reconciliation and is expected to generate revenue when it is
deployed during the coming year.
Digital technology innovator Accenture reported recently in
its ‘Workforce 2025: The Financial Services Skills & Roles of the Future’
study that financial services companies in North America could gain up to $140
billion in productivity improvements and cost savings by 2025 if they
adequately integrate new technologies for making their workforces more
efficient (http://ibn.fm/gGl3j).
For more information, visit the company’s website at www.Xalles.com
NOTE TO INVESTORS: The latest news and updates
relating to XALL are available in the company’s newsroom at http://ibn.fm/XALL
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Editor@QualityStocks.com
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