Ankr and XDC Network Collaborate for Enhanced Blockchain Integration

Ankr has unveiled a pivotal alliance with XDC Network, a premier Layer 1 blockchain platform tailored for trade finance and asset tokenization.

This collaboration will empower Ankr to extend its Remote Procedure Calls (RPC) service to the XDC Network, thereby amplifying its efficiency, security, and scalability.

RPC, a protocol designed for cross-network application communication, is a cornerstone of Ankr’s offerings. This service by Ankr paves the way for developers and users to seamlessly connect with multiple blockchain networks, including Ethereum, Binance Smart Chain, Polygon, and Solana. Furthermore, Ankr’s RPC service is adept at supporting Web3 applications like wallets, exchanges, and decentralized applications (DApps) that necessitate swift and fluid blockchain data interactions.

With the integration of Ankr’s RPC service, XDC Network is poised to harness the vast capabilities of Ankr’s expansive global network of nodes and servers, spread over 40 data centers across 15 regions. This ensures that the XDC Network is equipped to manage substantial transaction volumes and inquiries while ensuring minimal latency and optimal availability. Additionally, the RPC service by Ankr will fortify XDC Network with advanced security measures, encompassing encryption, authentication, and robust firewall defenses.

XDC Network, a hybrid blockchain platform, seamlessly merges the salient features of both public and private blockchains. Its architecture is primed to streamline trade finance and asset tokenization, allowing businesses and governmental bodies to craft smart contracts and roll out digital assets on a platform that prioritizes security and compliance. Notably, XDC Network champions interoperability, facilitating seamless interactions with other blockchain platforms like Corda and Hyperledger Fabric.

This synergistic partnership between Ankr and XDC Network is set to usher in mutual benefits. While Ankr stands to broaden its user demographic and extend its network influence, XDC Network is on track to elevate its user interface and overall network efficacy. Moreover, this alliance is anticipated to catalyze innovation and foster deeper collaborations within the blockchain realm, with a particular focus on trade finance and asset tokenization.

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