XPR Network is a layer-one proof-of-stake blockchain that utilizes WebAssembly smart contracts to provide scalable and sustainable computation. It offers instant transactions, zero gas fees, and on-chain identity verification. Developers can build tokens, NFTs, exchanges, and lending markets on the platform. The network supports human-readable usernames for simplified transactions and aligns with the ISO 20022 standard for financial messaging. The WebAuth Wallet allows users to send, receive, and stake the native XPR token, as well as manage other digital assets.
Due to its dPOS model, XPR token is relevant for gaming and social media applications. Users can establish their identities once, buy and exchange crypto, and then use that crypto in micro-transactions on dApps. Beyond that, the XPR blockchain was designed to allow websites and apps to push payment requests directly to XPR-compliant wallets and solve interoperability problem between different payment applications by creating a namespace that works across multiple payment providers, identity verifiers, and payment transmitters.
