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Project Description
BlockX Network is a Layer 1 Blockchain that offers multi-chain operability, an off-chain oracle infrastructure, and enables sovereign digital identity for the next-gen of Web3.
The BlockX ecosystem is built to utilize the Delegated Proof-of-Stake (DPoS) consensus algorithm which helps it to process and verify transactions instantly while helping dApps scale seamlessly.
Additionally, BlockX can be deployed by organizations in the traditional financial sector looking to transition to the blockchain. The list of these sectors includes - banks, exchanges, trade finance, CBDC, stock, bond, loans, funds, and real estate.
