The digital asset space is developing an increased focus on security, accountability, and auditability within blockchain infrastructures. If the market believes that mass adoption of blockchain technology will require enterprise-ready solutions and sound security standards, collectively, we must prioritize projects specializing in these offerings.
Therefore, we are honored to cooperate with XinFin to build a secure, robust blockchain solution for enterprises. XDC Network — created by XinFin — is a leading open-source blockchain solution, offering a unique combination of security, speed, and scalability. The XDC Network features cross-chain functionality and interoperable smart contracts through hybrid relay bridges. While the network was built to address institutional use cases, it is also seeing increased adoption by independent community contributors.
Being fully EVM compatible (Ethereum Virtual Machine), the XDC Network facilitates a seamless process for integrating DApps and supports a scalable 2000 TPS (transactions per second), far exceeding the figures currently possible within Ethereum.
Should the XDC Network see significant institutional adoption, it could support an emerging global financial infrastructure powered by blockchain.
HAPI hopes to further develop the XDC Network’s forward-thinking technology, including forensics and accountability, by utilizing a slew of preventative heuristics of its own. Firstly, HAPI’s smart contract integration will aid in swiftly acting on nascent or post factum threats. With the help of Machine Learning and Community Governance, HAPI also streamlines how malicious actors are reported and interacted with, constructing a reliable database of illicit addresses.
We hope to support the healthy development of private, non-custodial, and decentralized blockchains, which can also function as enterprise-grade, regulatory-compliant technology solutions for institutional use. We believe our efforts will proactively attract astute players to emerging financial technology solutions, such as the XDC Network.
Not only will this partnership with XinFin benefit both parties through the mutual exchange of cybersecurity practices, but it will also serve as a bedrock for a secure, high-integrity blockchain infrastructure, sowing the seeds of safe and enterprise-ready blockchain usage.
About HAPI
HAPI is a set of cross-chain smart contracts that are embedded into DeFI products that allow them to reach a new security level. Also, HAPI’s Oraclizing and DAO system delivers SaaS in the DeFi environment that prevents hack attempts.
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About XinFin’s XDC Network
The XDC Network — created by XinFin — is a global, open-source, delegated proof of stake consensus network (XDPoS), which enables hybrid relay bridges, instant block finality and interoperability with ISO 20022 financial messaging standards. The network’s hybrid architecture is designed to support institutional use in trade finance and tokenization and is equipped to reduce the existing finance gap in global infrastructure. With interoperable smart contracts, 2,000 transactions per-second, and Ethereum Virtual Machine compatibility, the XDC Network provides a scalable infrastructure for enterprises and independent community contributors.
For more information about XinFin and the XDC Network, please visit https://www.xinfin.org/.
