Welcome to 60-second Crypto Gem by KuCoin. Today, we will be talking about Kadena and its native token, KDA. Kadena features a hybrid blockchain platform founded by ex-core members of JP Morgan Blockchain. The project aims to fix the scaling and safety issues faced by enterprises and entrepreneurs with a growing adoption of blockchain applications. Kadena was first used by Fortune 500 companies in 2018 and has continued to expand its portfolio of clients and partners across industries including insurance, healthcare, financial services, supply chain, and government. It combines a public blockchain Chainweb, a permissioned network Kuro, and the Pact smart contract language to achieve high performance at scale, without sacrificing blockchain advantages. KDA is the native token used on the Kadena platform to pay for compute on the Kadena public chain, transaction fee, and execute the smart contract code. This has been the 60-second Crypto Gem by KuCoin, see you next time.