XDC Network (XDC)

  • Official Website: xinfin.org
  • Definition: XDC Network is a hybrid blockchain designed for enterprise use cases, including trade finance and supply chain management.
  • Category: Blockchain, Layer 1 chain, Cryptocurrency.
  • What It Is: A platform for enterprise-grade blockchain solutions.
  • Function: Enables fast, low-cost transactions and smart contracts for businesses.
  • Analogy: Think of XDC as a digital ledger for businesses. It’s secure, efficient, and designed for enterprise use.
  • Pros: Enterprise-focused, fast transactions, strong use cases.
  • Cons: Centralization concerns, competition from other enterprise blockchains.
  • Controversies: Regulatory risks, reliance on adoption by businesses.

This page was last updated on January 28, 2025.