# 2️⃣ NEXADE Technology

The Nexade Dapp is a decentralized application linking the trade finance world with the blockchain economy. The Nexade token is required to use all features of the dapp.

The Nexade (NEXD) ERC-20 token has been launched on Ethereum and bridged to Arbitrum.

The Dapp will use smart contracts to implement the following features: token issuance and vesting, RWA staking pools creation and management, auto-compounding, and governance. Additional features may be added later to the roadmap.

To reduce transaction costs and increase processing speed, most smart contracts of the Nexade dapp will be deployed at launch on the Arbitrum Layer 2 network for Ethereum.

The vast majority of users will connect directly on Arbitrum with their preferred wallet. They will interact with the Nexade dapp only on Arbitrum. Some advanced users will be able to bridge the token manually to Ethereum or other blockchains.

At the same time, The Nexade team is working with other blockchains to identify and capture the best growth opportunities for the Nexade ecosystem.

Nexade will manage digital assets using multi-party computation (MPC) custody technology. This technology solves important problems such as treasury management over multiple blockchains, multiple stakeholders per transactions, no single point of control, and the ability to manage multiple segregated wallets.

The token is developed using Solidity, the Ethereum programming language. It will be deployed on EVM compatible chains. Later, the team will develop a Rust based implementation of the token if this brings additional value to the Nexade ecosystem.
