XDC Network

XDC Network

XDC Network is a global, open-source, hybrid blockchain platform designed for global trade and finance. It uses a delegated proof of stake (XDPoS) consensus mechanism to support enterprise use cases like asset tokenization and payments, with interoperability for ISO 20022 standards. The platform is driven by a global community of developers and enthusiasts and fosters innovation through its accelerator program.
Distributed

Description

Founded in 2017, the XDC Network is an enterprise-grade, EVM-compatible blockchain protocol using a XinFin Delegated Proof of Stake (XDPoS) consensus mechanism. It's designed for high-throughput (up to 2000 TPS) and low-latency transactions, making it suitable for the trade finance sector. The network facilitates the tokenization of real-world assets to enhance liquidity and decentralize the industry. Key products include XDC Payments, a cross-border payment solution with ISO 20022 compliance, and XDC Origin, a tool for simplified smart contract deployment. The network is supported by a global community and an accelerator program to promote development in areas like RWA, DeFi, and Gaming, with a mission to foster global economic growth.