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What is XDC Network $XDC?
XDC Network (XDC) is a hybrid blockchain platform designed for global trade and finance, combining the public and private blockchain features to offer high-speed, low-cost transactions. Built using the XDPoS (Delegated Proof of Stake) consensus mechanism, XDC Network is focused on enterprise-grade decentralized applications (dApps) and cross-border payments.
With its scalable and efficient infrastructure, XDC Network aims to digitize real-world assets and enhance trade finance with blockchain technology.
Who Created XDC Network?
XDC Network was developed by XinFin (Exchange Infinite), a Singapore-based blockchain company founded by Atul Khekade and Ritesh Kakkad in 2017. The platform was created to revolutionize global trade and finance by leveraging blockchain to improve transparency and efficiency.
With strategic partnerships and collaborations with trade finance institutions, XDC Network has positioned itself as a leading blockchain solution for global commerce, impacting XDC price trends and adoption.
How does XDC Network work?
XDC Network operates as a hybrid blockchain, combining the benefits of public and private blockchains to support fast, secure, and interoperable transactions.
Key Features of XDC Network:
Hybrid Blockchain Architecture: Combines public and private blockchain features.
XDPoS Consensus Mechanism: Ensures fast and energy-efficient transactions.
Interoperability: Integrates with legacy systems and other blockchains.
Trade Finance and Tokenization: Facilitates the digitization of trade instruments and assets.
These features make XDC Network a powerful platform for enterprise blockchain applications, impacting XDC price analysis and adoption.
XDC Network Price
XDC Network’s price is influenced by enterprise adoption, trade finance integrations, and blockchain innovation.
Factors Affecting XDC Price:
Enterprise Adoption: Increased use by financial institutions and businesses.
Trade Finance Partnerships: Collaborations with trade organizations enhance utility.
Protocol Upgrades: Technological improvements and new features.
Overall Crypto Market Sentiment: Market trends and adoption of blockchain in finance.
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XDC Network price [XDCUSD]
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