Latest XDC Network updates on February 22ndXinFin_Official is continuing to update the community about their cryptocurrency project, with the latest news being that they are hosting the ChainLeakPodcast this Friday, with co-founder RiteshKakkad as the guest. They are also announcing the launch of XDC The Stream on multiple platforms, as well as the beginning of their DAOFin project. This project will provide grants to projects in areas such as protocol development, applications, developer tooling, code audits, and more. Community feedback is encouraged and will be taken into account over the next 30 days. The governance structure comprises three branches: the Masternode Senate, the People’s House, and the Judiciary Committee. Additionally, the XDC ecosystem development fund is unlocking 250M XDC annually to support the network. All in all, XinFin_Official is ensuring the continued development of their project with these updates.
What is XDC Network ?Xdce-crowd-sale is an innovative project that seeks to revolutionize the way global trade and finance is conducted. It is an enterprise-ready hybrid blockchain that combines the power of public and private blockchains with interoperable smart contracts. By utilizing Delegated Proof of Stake (XDPoS) consensus, the network is capable of offering instant block finality and hybrid relay bridges which enable cross-chain interoperability between different blockchains. Additionally, the network is also ISO20022 compliant, allowing for increased efficiency and flexibility in liquidity management for financial institutions.
The project seeks to provide a complete platform for global trade and finance, allowing for the digitization, tokenization, and instant settlement of trade transactions. This could have a positive impact on businesses of all sizes by reducing their reliance on complex FX infrastructures, resulting in cost savings. Additionally, the project also seeks to provide access to the XinFin Network Node Program which allows users to join the network as a node and participate in the consensus process. This would help ensure the security and reliability of the network as a whole.
Furthermore, the project also provides users with a wide range of resources, including an open source wallet, a developer portal, and a quick tools guide. These resources are designed to help users get the most out of the network, allowing them to easily create, deploy, and manage their own projects. Additionally, the project also offers the opportunity to apply for funding, allowing users to receive additional resources to support their projects.
Overall, the xdce-crowd-sale project is an ambitious one that seeks to revolutionize the way global trade and finance is conducted. By combining the power of public and private blockchains with interoperable smart contracts, it seeks to provide a secure and reliable platform for businesses of all sizes. Additionally, with its range of resources, users can easily create, deploy, and manage their own projects. Ultimately, the project could have a positive impact on the global economy by reducing the reliance on complex FX infrastructures and increasing efficiency and flexibility in liquidity management.
This article was published on 2023-01-29 by Marc Endevor. Information shown in this article was gathered from the project’s website and Twitter account. Coinvestigate cannot guarantee the accuracy of this information, or any news that may have impacted the project in the meantime.
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XDC Network is a cryptocurrency with a price of $ 0.039586 and marketcap of $ 547,529,459. XDC Network’s market price has decreased -1.01% in the last 24 hours. It ranks 83 amongst all cryptocurrencies with daily volume of $ 5,498,213.
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