Data Security and Storage
Keywords
blockchain infrastructure & iot smart contracts decentralised finance tools technology hybrid blockchain cryptocurrency open source hybrid blockchain open source xdc tokens erc20 open source blockchain
XDC Network is a hybrid blockchain equipped with both public and private states. The network is designed to meet the needs of enterprises seeking to enhance their business infrastructure, reduce costs and improve visibility through blockchain technology. As a delegated proof-of-stake powered network, it is both scalable and energy efficient. XDC Network boasts an annual energy consumption of 7,400kWh per block and is EVM (Ethereum Virtual Machine) compatible, meaning any project on Ethereum can easily migrate to XDC Network. Additionally, the XDC Network blockchain is compatible with ISO 20022 financial messaging standards and features interoperable smart contracts, near zero fee transactions and high security. These standout blockchain features are designed to support a wide range of novel blockchain use cases.
XDC Network is a hybrid blockchain equipped with both public and private states. The network is designed to meet the needs of enterprises seeking to enhance their business infrastructure, reduce costs and improve visibility through blockchain technology. As a delegated proof-of-stake powered network, it is both scalable and energy efficient. XDC Network boasts an annual energy consumption of 7,400kWh per block and is EVM (Ethereum Virtual Machine) compatible, meaning any project on Ethereum can easily migrate to XDC Network. Additionally, the XDC Network blockchain is compatible with ISO 20022 financial messaging standards and features interoperable smart contracts, near zero fee transactions and high security. These standout blockchain features are designed to support a wide range of novel blockchain use cases.

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