The XDC Network: Revolutionizing International Trade and Finance with Hybrid Blockchain Technology
XDC Network (XDC) is a cryptocurrency that lies at the heart of an enterprise-ready hybrid Blockchain technology company focused on optimizing international trade and finance. With its native coin called XDC, the XDC Network aims to revolutionize these industries through its advanced blockchain solutions.
The XDC protocol is built on top of the Ethereum platform, utilizing its robust infrastructure. It is specifically designed to support smart contracts, boasting impressive stats such as 2000 transactions per second (TPS) and a transaction time of just 2 seconds. The protocol also incorporates Know Your Customer (KYC) requirements for its masternodes, providing enhanced security and trust within the network.
Key Features of XDC Network:
- Enterprise-ready hybrid Blockchain technology
- Optimized for international trade and finance
- Powered by the native coin, XDC
- Supports smart contracts
- Capable of handling 2000TPS
- Offers a lightning-fast transaction time of 2 seconds
- Implements KYC for masternodes (Validator Nodes)
- Utilizes XinFin Delegated Proof of Stake (XDPoS)
Use Cases and Real-World Applications
XDC Network's mainnet token, XDC, opens up a world of opportunities for utilizing its blockchain solutions in various real-world scenarios.
One such application is TradeFinex.org, a platform that helps small and medium-sized businesses or institutions digitize and structure their financial requirements. It enables them to distribute these requirements to banks and non-bank funders using a common distribution standard. This streamlines the origination process, making it more efficient and accessible for all parties involved.
Partnerships and Exchanges
XDC Network has gained significant traction in the cryptocurrency market, currently ranking 51 in terms of market capitalization. It is listed on various exchanges, including Huobi, KuCoin, Bybit, Gate.io, Bitrue, Bitfinex, DigiFinex, Indodax, Bitget, CoinEx, LBank, Kinesis Money, Bittrex Global, HitBTC, FMFW.io, Mercatox, BitMart, CoinDCX, CEX.IO, and ProBit Global.
What is XDC Network?
XDC Network is an enterprise-ready hybrid Blockchain technology company focused on revolutionizing international trade and finance. It is powered by the native coin called XDC.
What are the key features of XDC Network?
XDC Network supports smart contracts, offers a transaction speed of 2000TPS, and incorporates KYC requirements for masternodes. It utilizes XinFin Delegated Proof of Stake (XDPoS) for enhanced scalability and security.
What are the real-world applications of XDC Network?
XDC Network's mainnet token, XDC, is utilized in applications such as TradeFinex.org, where it facilitates the digitization and distribution of financial requirements for small and medium-sized businesses and institutions.