Differentiating itself from both centralised finance institutions built as closed-off islands, and from more general-purpose protocols in the sector, RDX Works builds its first layer protocol specifically for decentralised finance rather than blockchain in general. This sets it apart from larger companies such as Ethereum, and allows users of the RDX - or Radix - ledger and protocol to move their assets across different applications and build new interoperable products on the system.
Acting as a web of different companies, RDX Works acts as an umbrella for RDXlt and also operates the Radix Foundation, a not-for-profit that educates developers on RADIX technology. This network creates a web of users that has allowed rigorous R&D on the company's technology, accelerating its progress.
Blockchain and crypto companies such as Ethereum and Ava may claim to be at the frontiers of financial decentralisation, but RDX Works is further pushing the boundaries of DeFi. With significant funding secured so far, RDX is making crypto more efficient and flexible.
Kirsty
Company Specialist at Welcome to the Jungle