Premier Web3 developer solutions hub Ankr has announced a major partnership with XDC Network, an open-source, enterprise-grade Layer 1 blockchain, with the former’s Remote Procedure Calls (RPC) service seeing an implementation on the latter’s protocol and ecosystem.

Ankr’s integration with XDC Network will see critical functions of the two systems bridged into dApps and crypto wallets on the XDC chain, helping empower developers for efficiency gains across self-hosted XDC nodes. This saves a lot of time and resources for developers, making the XDC ecosystem more accessible for developers and contributing to the network’s growth and industry-wide impact.

According to Ankr, the integration is targeting a variety of use cases, with a focus on the finance industry and real-world tokenization (RWAs, or real-world assets on a tokenized smart contract).

Ankr CEO Chandler Song discusses the core benefit of the integration, saying that the finance industry’s continued integration with blockchain will result to enterprises and projects finding “an easy way to explore the possibilities of XDC with a fast and reliable RPC connection to the chain.”

XDC Network was built as an EVM (Ethereum Virtual Machine) compatible Layer 1 blockchain working with a dwelegated proof-of-stake (XDPoS) mechanism. The project’s XDC MainNet is backed and developed by XinFin, a global blockchain infrastructure

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Author: Vince Dioquino

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