The newly launched multiplatform software development kits (SDKs) enable developers to more efficiently build applications capable of incorporating all types of XRC tokens and smart contracts
SINGAPORE / ACCESSWIRE / October 11, 2021 / XDC Network, the enterprise-grade hybrid blockchain specialising in global trade and finance, has today released a collection of multiplatform software development kits (SDKs), covering iOS, Android, .NET, Java, and Go. The SDKs will allow application developers to easily incorporate XRC-based tokens and smart contracts into their domain-specific applications without needing expertise in blockchain technology.
XDC has already begun connecting real-world finance to DeFi markets through the network's tokenization platform utilized by Tradeteq. The trade finance use case on the XDC Network positions XRC-20 as the de-facto standard for recording payment obligations for institutions, including buyers, suppliers, governments, and banks, all on the hybrid blockchain.
Quincy Jones, Developer for the XDC Foundation, said, "Enabling application developers on established platforms like iOS and Android to add any XRC token type to their new or existing applications opens decentralized finance up to brand new marketplaces."
"Access to the XDC Network SDK speeds up the integration processes, allowing developers to focus their development efforts on the application itself. Most importantly, these developers will be able to leverage the near-zero gas fees and two-second transaction times of the XDC Network without needing to be experts in blockchain engineering," Jones added.
Beneath the hood, iOS, Android, .NET, Java, and Go developers gain access to downloadable software packages that contain the developer tools needed to build upon the XDC Network. Included in the SDKs are documentation and examples to allow for rapid integration between platform-specific applications and the XDC Network.
The XDC Network's SDKs will enable developers to leverage the XDC Network to bring enhanced blockchain functionality like smart contracts, decentralized finance (DeFi), and non-fungible tokens (NFTs) to centralized applications. This technology suite caters to businesses seeking to utilize blockchain technology or developers seeking to migrate from other EVM compatible networks to the XDC ecosystem.
Traditional centralized application development infrastructure is easier to maintain and leverage for development. XDC's innovative approach to SDKs enables developers to balance the simplified development and larger user market of centralized applications with the power and efficiency of DeFi.
In comparison with popular cryptocurrencies, such as Bitcoin and Ethereum, the XDC Network has a substantially greater throughput and speed. The XDC Network can handle over 2,000 transactions per second with 2 second block time with finality. With near-zero gas fees of $0.0001, transactions made using XDC tokens are cost-efficient and affordable, mitigating all the major usability and efficiency shortcomings that application developers face while using other blockchain platforms.
With opportunities within the XDC Network to record payment obligations for employer-to-employee transactions, new marketplaces can be realized with opportunities to develop NFTs, facilitate smart contract transactions (payday loans, mortgage origination, and auto loans) all using user-friendly SDKs on the XDC Network.
For more information, please visit the XDC Foundation GitHub page: https://github.com/XDCFoundation?tab=repositories
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For more information, please contact:
Leo Park
Cryptoland PR for XDC Network
[email protected]
[email protected]
About XinFin's XDC Network
The XDC Network-created by XinFin-is a global, open-source, delegated proof of stake consensus network (XDPoS), which enables hybrid relay bridges, instant block finality and interoperability with ISO 20022 financial messaging standards. The network's hybrid architecture is designed to support institutional use in trade finance and tokenization and is equipped to reduce the existing finance gap in global infrastructure. With interoperable smart contracts, 2,000 transactions per-second, and Ethereum Virtual Machine compatibility, the XDC Network provides a scalable infrastructure for enterprises and independent community contributors. For more information about XinFin and the XDC Network, please visit www.xinfin.org.
SOURCE: XinFin North America