Symbol

Symbol is a trusted and secure enterprise blockchain that smooths business friction and increases the flow of data and innovation to enhance the creation, exchange and protection of assets. Symbol is specifically designed to help businesses reduce costs, reduce complexity and simplify innovation. Launched in March 2021, Symbol features a unique hybrid (public/private) architecture that enables businesses to benefit from the transparency provided by public chains, while also allowing data restrictions and encryption to be set for more confidential information. With major upgrades in flexibility, security, speed and ease of use, the Symbol platform is a best-in-class blockchain enterprise solution. XYM is the native currency of the Symbol public blockchain and is used as the core value transfer mechanism of the blockchain.