XDC Network XDC

The XDC Network is a blockchain network that offers a financial platform for small to medium enterprises (SMEs). It provides a secure and efficient way for SMEs to run their businesses by logging every financial action on the blockchain. This network utilizes the XDC token and implements the XDPoS (Delegated Proof of Stake) consensus algorithm to maintain digital democracy.

XDC Network is unique compared to other cryptocurrencies as it offers a financial platform specifically designed for small to medium enterprises (SMEs). It allows SMEs to run their businesses more efficiently by replacing traditional banking practices with blockchain technology. XDC logs every financial transaction on the blockchain, ensuring security and automating various financial processes. Additionally, XDC coins and tokens are powered by XDC Network's XDPoS consensus protocol, making them private instruments that are not subject to the same regulatory requirements as exchange traded funds or mutual funds. The focus of XDC Network is to promote a decentralized and informed community rather than solely attracting potential investors based on future viability or profitability.