Persistence One

Persistence (XPRT) is an open DeFi blockchain platform. The platform aims to make cross-border trading and financing easy and efficient. Moreover, the platform seeks to empower the debt marketplaces. Everyone who wants to borrow money gets matched up with surplus capital lenders. The platform aims to help small businesses to obtain loans.

The platform aims to have business-specific app chains for security dApps to focus on customers and the financial community issues.

To establish a transparent marketplace, the platform also has developed a software development kit (SDK). The kit can be used to do a KYC of organizations, trade settlement, and financing and convert real-world assets like the bill of lading and letter of credit to cryptos.

The governance token for Persistence is XPRT. XPRT token aims to be used to establish on-chain governance and easy exchange. On-chain governance refers to the system of managing and implementing significant changes in the blockchains. The XPRT token was distributed through the StakeDrop initiative. StakeDrop refers to the distribution of XPRT tokens to the stakers.  

Persistence was established in quarter 2 of 2019. Tushar Aggarwal is the CEO and cofounder of Persistence, and Deepanshu Tripathi is the CTO and cofounder.