The XDC Network, a hybrid blockchain, operates on the basis delegated proof of stake (XDPoS), consensus mechanism. The XDC Network uses the XDPoS to enable hybrid relay bridges, spontaneous blocks finality, and interoperability among its users. It is a hybrid architecture which is user-friendly.
XDC Network, with its democratic consensus, high transparency, and rapid trade transactions, provides its users digitization, tokenization and quick trade transactions.
XDC Network focuses its efforts on international finance and trade. It has created a highly secure, permissible, and scalable, commercial-grade architecture. XDC Network has a hybrid architecture that addresses the gaps in trade and global finance. This allows financial institutions to have instant, real-time settlements via smart contracts.
The XDC01 protocol powers the XDC Network. The XDC protocol was created to support smart contracts and AML/KYC layers.
Motto
XDC Network was founded with the goal of reducing the risks in global finance and trade using blockchain technology. The main purpose of XDC Network is to make cross-border transactions more secure and transparent. XDC Foundation aims to create a platform for startups and businesses that facilitate international fund transfers.
About XDC, XDCPay
XDC Network’s native token is XDC. The XDC token, which is the base utility token for the XDC hybrid Blockchain, is the XDC token. This token is used to settle transactions for dApps that are built on the XDC blockchain. The XDC token is currently available on various exchange platforms such as KuCoin and Bittrex.
XDC Network allows cross-border trade to be integrated with a backed integrated wallet. This wallet solution, powered by the advanced XDC protocol allows cross-border transactions to be conducted in a secure and safe environment.
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