Announced Tuesday, the Cordite Society, a co-operative registered in the U.K., released the XDC crypto token on public Corda, the open-source version of R3’s network. The new regulation-friendly cryptocoin will open the door, say its creators at Cordite, to various decentralized finance (DeFi) applications running on Corda’s distributed ledger technology (DLT).
R3 began life as a pay-to-join DLT consortium of big banks, which over time realized the value of hosting a large developer community and created the open-source Corda Network alongside the commercial version of the software.
Read more: https://www.coindesk.com/r3-corda-network-xdc-token-cordite-society
