Tag: hybrid blockchain

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XinFin Network is an enterprise-ready hybrid blockchain solution. Powered by the native XDC token, the XDC protocol uses the Public XDPoS Consensus mechanism to validate transactions. Combining the best elements of both public and private blockchains, along with smart contract functionality, the project is optimizing business practices and promoting the institutional adoption of blockchain technology. Moreover, XinFin is at the forefront of a new economic paradigm where businesses, governments, and institutions are embracing the power of blockchain-based tools and services.

The Kadena network is introducing novel layer 1 Proof-of-Work (PoW) blockchain scaling solutions catering to individual developers and enterprises alike. As the only scalable hybrid blockchain using a PoW based consensus, the Kadena blockchain ecosystem offers both public and private networks. In turn, the Kadena crypto project is fast becoming a leader in the industry. As a result, the native Kadena token (KDA) has seen positive price action from the recent attraction and adoption of the platform. The KDA token holds several crucial responsibilities for the project and is vital to ensuring complete decentralization.

Blockchain technology is rapidly advancing and disrupting today’s business environment. And why wouldn’t it? Blockchains make transactions quicker and reduce the cost. Some data models predict that spending on blockchain solutions will exceed the $16 billion mark by 2023. Now, that is excellent news for all of us into distributed ledger technology (DLT).

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