XDC Network is an enterprise-grade, open-source, and EVM-compatible Layer 1 blockchain platform. It was formerly known as XinFin Network and is designed as a hybrid blockchain platform that combines the transparency of public blockchains with the speed and security of private networks. XDC Network's native currency is XDC, which is used for various transactions and interactions within the network.
The purpose of XDC Network is to accommodate EVM toolsets and is optimized for trade and international finance applications. The project aims to revolutionize, decentralize, and liquify the trade finance industry through the tokenization of real-world assets and financial instruments. The potential use cases and applications of the technology include trade finance, real-world asset tokenization, and enterprise-grade blockchain applications.
Marketcap
$2.172B
Total number of XDC Network
37948565175 XDC
XDC Network is a blockchain developed to support trade finance and the tokenization of RWAs. It is a highly optimized, EVM-compatible Layer 1 blockchain that reaches consensus through a delegated proof-of-stake (dPoS) mechanism. The network is secure, scalable, and highly efficient, with a capacity of up to 2000 transactions per second.
XDC Network differentiates itself from competitors through its community of participants who make ongoing contributions to its position within the Real World Assets (RWA) and Trade Finance industries. The project's competitive advantages include its high-throughput and low-latency transactions, instant confirmation, and zero gas fees. XDC Network is uniquely equipped to support those who require dedicated blockchain environments for enhanced permissions and control, such as government agencies, financial institutions, and businesses.
XDC Network is an enterprise-grade, open-source, and EVM-compatible Layer 1 blockchain platform.
The purpose of XDC Network is to accommodate EVM toolsets and is optimized for trade and international finance applications.
The current price of XDC Network is $0.14024.
The market capitalization of XDC Network is $2171894713.
The total supply of XDC Network tokens is 37948565175 XDC.
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