Alexander Mamaksidikov’s Insight on the CrossFi Conference in Vietnam – 13-09 May

In his keynote address CrossFi Conference, CEO & Founder Cross Finance Alexander Mamasidikov discussed scalability of CrossFi and demonstrated the world's first on-chain XFI transaction by CrossFi card and live ATM withdrawal. This post outlines the main highlights of his talk.

I would like to thank the Vietnamese community for their help in organizing the most ambitious conferences. There are the greatest ones.

Cross Finance is my life's work and that of our entire team. We have been working hard towards this goal and for this moment together with you. We have implemented the only solution in the world that will allow users to own their money, regardless of banks or corporations. Our ideology is to give every person in the world access to finance so that they can freely use financial services in their lives.

We have created the only payment technology in the world. We made the world's first on-chain transaction and paid for a real product for XFI. You connect any web3 wallet and manage your funds at all times. You will be able to pay with XFI coins anywhere where VISA operates. This is the first solution in the world, when you do not transfer your funds anywhere, do not convert, you always keep them in your wallet. And at the same time, you can spend them at any time in any place where VISA operates. Only you manage your funds without the participation of third parties.

Today, we will demonstrate our solution. It is fully operational and unique. This is Web3 banking. And this is the first physical CrossFi card. You pay directly to XFI. We will also withdraw money from ATMs for the first time together.

Alexander Mamaksidikov and Fedor Bogorodsky conducted live payments at POS terminals and withdrawals from ATMs.

Our main goal is to have strong XFI utilities that must be spent. The CrossFi Chain will be updated soon. It will be a new protocol with new features. More than 50,000 users in the testnet are already testing the network. There will be many dapps, XFI will be used everywhere. No service will work without XFI. In the coming months, there will be a huge number of users who will need XFI.

I want to thank the entire CrossFi and Vietnam teams for organizing the event. By mining XFI, you can spend it anywhere in the world. XFI = money.