Blockchain Network XinFin Appoints Andre Casterman as Consultant
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Hybrid blockchain platform XinFin Network has announced that it has secured former SWIFT Corporate & Trade boss Andre Casterman as a consultant.
XinFin is a Blockchain hybrid technology company focused on international trade and finance. The XinFin blockchain is powered by the XDC01 protocol, which is built on the first hybrid Blockchain architecture of its kind to eliminate inefficiencies in global trade and finance and to enable institutions to provide real-time settlement and enable cross-border smart contracts.
Casterman spent more than 20 years at SWIFT, driving global innovations in the interbank payments, corporate treasury and commercial finance markets. During that time, he established an institutional partnership between SWIFT and the International Chamber of Commerce (ICC) and created the first natively digital trade settlement tool based on ICC rules and smart contract technology before blockchain was even available. He also chairs the ITFA FinTech Committee, which brings together 31 FinTechs active in trade-related technologies that help creators automate trade finance processes and attract institutional investors to the asset class.
“There is a growing acceptance of the role that digital assets will play in the future digital economy. The most significant move actually comes from regulators themselves as some want to stay ahead of the curve and have therefore adapted their regulatory frameworks to support wider adoption of digital assets, “said Atul Khekade, co-founder of XinFin Hybrid Blockchain Network. “We are delighted to welcome Andre Casterman to our advisory team. Andre’s guidance will help us extend the benefits of digital assets to the alternative finance industry. Collaboration with market participants is a priority for XinFin. “
Casterman said SME financing remains a huge opportunity for alternative lenders, incumbents, and that the availability of advanced technology with progressive regulatory action offers new business opportunities for SME-focused lenders.
“The XinFin digital asset infrastructure is designed to be regulated based on community-driven governance models and through regulated institutions,” said Casterman.
