XDC Network

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The XDC Network stands as a worldwide, open-source consensus network utilizing delegated proof of stake (XDPoS) protocol, boasting negligible gas fees, 2-second block finality, and seamless integration with ISO 20022 financial messaging standards. This network has been ingeniously crafted with an enterprise-grade architecture that caters to institutional needs, facilitating trade finance and asset tokenization. By featuring interoperable smart contracts, supporting 2,000 transactions per second, and boasting compatibility with the Ethereum Virtual Machine, the XDC Network effectively establishes a scalable infrastructure both for enterprises and individual community contributors.

At the core of the XDC Network lies the XDC utility token. Initiated by Singapore-based XinFin in 2019, the public/private mainnet of the XDC Network was launched with the ultimate vision of revolutionizing real-world business processes, especially within the global trade and finance sectors. To further its objectives, the XDC Foundation was established in Q1 2021 as a legal entity dedicated to supporting the XDC Network, and it diligently involves community members to decentralize its influence. Embracing its mission, the XDC Foundation actively promotes the development and adoption of the open-source XDC Network, which has already found practical application in numerous third-party operations.