A decentralized finance protocol has launched its mainnet — describing it as a crucial step on the journey to a frictionless financial future.

Radix, which describes itself as a platform for smart money, is also launching Instapass with its Olympia mainnet — an optional user and developer service that delivers the world’s first single sign-on solution for building compliant DeFi.

The Radix mainnet is being positioned as a generational improvement in the history of decentralized ledger computing — and one that delivers 100 times more executional efficiency than the Ethereum Virtual Machine.

This comes hot on the heels of the project winning plaudits for addressing the scalability trilemma far more effectively than rivals in this bustling space.

Radix says it has established a strong track record by being the world’s first roadmap-driven DeFi protocol — issuing new releases and achieving exciting milestones at a pace that other networks cannot match.

Piers Ridyard, the CEO of Radix, said: “Since developing our groundbreaking cross-shard consensus algorithm, Ceberus, we have never wavered from our focus on the DeFi end game, a world of frictionless financial applications with no barriers to competition. To get there requires a clear, roadmap-driven approach to protocol development and a deep understanding of how the traditional world of finance works. Today’s battles of layer one/layer two DeFi supremacy are simply irrelevant compared with the real opportunity of mainstream adoption.”