XPR Network (XPR)
Proton (XPR), launched in San Francisco, is a public blockchain and smart contract platform specifically designed for consumer applications and peer-to-peer payments. The platform is built around a secure identity and financial settlements layer, allowing users to connect their real identities and fiat accounts seamlessly. This integration enables users to pull funds, purchase cryptocurrency, and utilize these digital assets across various applications.
The rebranding to XPR Network
In August 2023, Proton underwent a significant rebranding to become the XPR Network. This rebranding reflects the platform's evolution and enhanced capabilities as it continues to position itself as a leader in blockchain technology.
XPR Network’s technical framework
| Ticker | XPR |
| Category | Finance / Banking |
| Website | https://xprnetwork.org |
| @XPRNetwork | |
| Telegram | XPRNetwork |
| https://www.reddit.com/r/ProtonChain/ | |
| Contract Addresses | |
|---|---|
| ethereum | 0xd7...af Copied! |
| binance-smart-chain | 0x5d...abCopied! |
Layer one proof-of-stake blockchain
XPR Network is a layer one proof-of-stake blockchain, which uses WebAssembly (WASM) smart contracts to deliver high-performance, scalable, and sustainable computation. This architecture provides developers with the tools to build tokens, NFTs, exchanges, lending markets, and more with ease and security.
Revolutionizing cross-border transactions
The XPR Network is transforming cross-border transactions by offering a fast, secure, and cost-effective solution. Its high throughput and low latency capabilities enable the near-instant settlement of international payments, effectively eliminating the traditional banking system's delays and fees.
Enhancing supply chain transparency
XPR Network is at the forefront of enhancing supply chain transparency. By utilizing blockchain technology, the network facilitates the real-time tracking and verification of goods. Each step in the supply chain can be recorded on the immutable XPR blockchain, ensuring authenticity, reducing fraud, and providing consumers with detailed information about a product's origin and journey.
Tokenization of real-world assets
The XPR Network plays a pivotal role in the tokenization of real-world assets, such as real estate, art, and commodities. By digitizing these assets as tokens on the blockchain, the network enables fractional ownership and trading, thereby broadening access to investment opportunities and increasing liquidity in traditionally illiquid markets.
Foundation for a robust DeFi ecosystem
XPR Network serves as the backbone for a robust decentralized finance (DeFi) ecosystem. It offers lending, borrowing, and yield farming protocols, allowing users to securely interact with decentralized applications (dApps), participate in liquidity pools, and earn rewards. This contributes to the growth and stability of the DeFi landscape.
Secure digital identities
XPR Network plays a vital role in establishing secure digital identities. Through advanced cryptographic techniques, the network facilitates reliable user authentication and access control. This significantly reduces the risks of identity theft and unauthorized access across various online services and platforms, enhancing security for users worldwide.