A Grid Network is a decentralized framework that enables nodes to connect and collaborate for processing transactions and data. In this setup, each node contributes computing power, storage, and resources, forming a resilient system without a central authority.These networks enhance scalability and efficiency by distributing tasks across multiple participants. This way, transactions can be verified and executed more quickly, reducing congestion.Grid Networks are also known for their robustness. If one node fails, the remaining nodes can continue functioning, making the network less vulnerable to attacks or downtime.In addition to handling transactions, Grid Networks can support various applications, such as smart contracts and decentralized applications (dApps). This versatility allows developers to build innovative solutions while benefiting from the network’s strength.Overall, Grid Networks promote a collaborative environment, empowering users by offering greater transparency and control over their assets.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the