EXRNchain is a protocol and network for cross-chain values ​​and data transmission between distributed ledgers (blockchains). EXRNchain supports secure transmission between different blockchains and allows transactions between anyone.

EXRT – Each cross-chain transfer automatically purchases a small amount of EXRT as a fee (this is its main use case). 

EXRT mainnet will become the sidechain of Ethereum. It will become a sidechain specially built for the EXRNchain network. At the end of the distribution, the EXRT token will be exchanged for the EXRT main network token.

Atomic Exchange – The EXRNchain protocol allows for better, faster, and simpler atomic exchanges between different cryptocurrencies. We will implement it in the EXRNswaps service.

Data Transfer – The EXRNchain protocol can be used to transfer any cryptocurrency data between distributed ledgers (this brings many use cases related to IPFS technology)

Cross-chain payments – Merchants do not need to create and manage dozens of digital currency wallets, they can accept one while providing customers with 100 payment options.

Project Highlights

EXRNchain is entering the space for blockchain interoperability. When you see how many block chains are there, such as NEO, Qtum, ETH, etc., it makes connecting all of these chains the meaning is essential to adopt. The ability to execute contracts seamlessly, transmit information and execute Atom exchanges everything makes it very easy for end users. 

EXRNpay will enable merchants to accept most cryptocurrencies and allow them to convert into the cryptocurrencies they want. As with traditional payment methods, different currencies can be accepted and merchants will not be inconvenient by the large amounts of currencies they accept. If they want ETH for their services/products, they can accept a bunch of different cryptocurrencies and convert them through the EXRNchain platform. 

EXRNchain will enable the second token – EXRT.

EXRN will be used to facilitate cross-chain transactions, execute exchanges and provide liquidity for each transfer, while EXRT will be used to pay cross-chain transfer fees and protect cross-chain networks using nodes. An interesting token model and one we are excited to see the functionality once the main network takes effect. 

EXRNchain has no ICO or token sale. The team announced an airdrop in October 2017 and distributed 7 billion EXRN (70% of the total supply) for free. We are concerned about the team’s capabilities and progress of the platform, but considering that the team has not raised a lot of money like other projects in this space, it’s clear that the team is committed to the vision they create rather than being inspired by the ICO fund. Competitors will find it difficult to compete quickly.

EXRNchain is creating a platform that is not easy to replicate due to the scope of the features they are developing. We have some concerns about the development process of the project, but from a conceptual perspective, the platform is very advanced.