- XDC Network advances real-world asset tokenization and trade finance through privacy subnets and institutional collaborations.
- Bitcoin SV targets enterprise scalability by enabling high-throughput blockchain performance and restoring original Bitcoin functionalities.
- Ethereum Name Service simplifies crypto access by converting long wallet addresses into readable domain-style names for user convenience.
With markets shaken by tariff tensions, now’s the time to look at blockchain projects building real value. These five stand out for real-world use casesfrom XDC’s trade finance focus to BSV’s massive scalability, ENS’s user-friendly domains, and Zcash’s privacy tech. While prices dip, these projects keep building making them smart buys in a shaky market.
XDC Network(XDC) Expands Trade Finance and Real-World Asset Use Cases
Source: Coinmarketcap
The XDC Network is designed to service trade finance and tokenizing real-world assets (RWAs). The blockchain is built on Delegated Proof of Stake (DPoS) consensus model that results with high throughput and scalability. The mainnet has the capability of privacy preserving subnets, making it fit for institutional applications.
XDC 2.0, which is scheduled to be launched in Q4 of 2024, brings advanced Byzantine Fault Tolerant (BFT) and compliance monitoring. The upgrade ensures validator accountability and was developed under the leadership of Princeton professor Pramod Viswanath. The network owns more than 100 active validator masternodes backed with a 10 million XDC stake.
Bitcoin SV(BSV) Aims to Scale Blockchain Infrastructure
Source: Coinmarketcap
Bitcoin SV (BSV) is founded on a chain of hard forks seeking to preserve the original Bitcoin protocol. Its goal is to achieve scalability and low cost transaction. BSV is a high throughput platform that removes block size limits and enables previously disabled scripting functions.
The BSV Infrastructure Team have been testing the network processing 1 million TPS. These are the developments focused on enabling enterprise grade blockchain applications while keeping support for micropayment systems.
BSV’s model is one that supports unbounded on chain data processing and offers developers stable fees and high capacity development of applications for consumer, enterprise and government use.
Ethereum Name Service(ENS) Improves Blockchain Accessibility Through Human-Readable Domains
Source: Coinmarketcap
Ethereum Name Service (ENS) is a domain like naming system for Ethereum addresses. It humanizes complex alphanumeric strings into a name like example.eth. Metadata and reverse address resolution through smart contracts is possible using ENS.
ENS functions as an open public utility rather than a centralized company. The decentralized concept of its design increases the resistance to censorship and single points of failure. There are two separate smart contracts handling domain ownership and resolver functions promoting data integrity on the Ethereum blockchain, and the system improves blockchain usability just like the internet’s Domain Name System such that each domain owner can manage subdomains.
Zcash(ZEC) Offers Privacy-Enhanced Transactions via zk-SNARKs
Source: Coinmarketcap
Zcash (ZEC) implements cryptographic privacy of transactions using zero knowledge proof cryptography called zk-SNARKs. Zcash is different from pseudonym coins in that it gives users the ability to do fully shielded transactions.
It has modes of transparent and shielded. Transactions appear as transparent or as shielded, the latter hiding the sender, receiver, and amount. This is an audit and regulatory compliance feature that allows selective disclosure. ZEC is built from Bitcoin’s code base and focuses on anonymity in transactions which are carried out as permissionless. Transfers of digital assets are strengthened with financial privacy because the shielded transactions are recorded on the public blockchain without revealing sensitive information.
