What is XDC Network (XDC)?

Deep Dive

1. Purpose and use cases

XDC Network is designed for businesses and developers building applications for trade finance, cross-border payments, and tokenized real-world assets—digital representations of items such as invoices or other financial assets. Smart contracts, which are programs that run on a blockchain, can support these applications. (XDC Network overview)

2. Technology and XDC token

The network is compatible with the Ethereum Virtual Machine, so developers can use familiar Ethereum tools. It uses delegated Proof of Stake: participants stake XDC to help validators secure and operate the network. XDC is also used to pay transaction fees. (XDC Network overview)

For organizations needing confidentiality, XDC subnets are permissioned blockchains that can keep transaction details private while publishing checkpoints to the public network for verification. (XDC subnet explainer)

Conclusion

XDC Network is a blockchain platform focused on connecting business and financial applications with public blockchain infrastructure, using XDC for network functions. How effectively can its public network and private subnets support real-world trade and asset-tokenization workflows?