The CRD Network smoothens interoperability between the worlds of centralized finance and decentralized finance (DeFi). It runs on Hyperledger Besu, an enterprise blockchain on Ethereum, and uses CRD Nodes and APIs to operate.
CRD Network uses its own tokens, known as CRD, as an intermediary currency to ensure ledger compatibility and easy transferability between the different financial spheres. The network is designed with a modular design philosophy and aims to spur adoption and usability of DeFi. It does this by pairing the power of financial technology (fintech) with the power of influencer demand.
WACEO governs CRD to ensure compliance and transparency for its operations. All the developed applications on the CRD Network need to adhere to the safety and regulatory protocols as determined by the WACEO governance board.
Learn more about the CRD Network here.