# Introduction to Asset Chain

Asset Chain is the native blockchain for Xend Finance Real-World Asset OAE (Onchain Asset Environment); with its consensus based on Fantom's Lachesis consensus.

This enables a fast, scalable, and secure smart contract platform.

[Lachesis](https://docs.fantom.foundation/technology/lachesis-abft), is a revolutionary aBFT consensus mechanism, that allows Asset Chain to be faster and cheaper than previous technologies while retaining security.

Asset Chain is:

* Permissionless
* Decentralized
* Open source

Learn more about how AssetChain works here:

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