What is XDC Network (XDC)?

Deep Dive

1. Purpose and value proposition

XDC Network is designed to help businesses digitize trade finance workflows and represent assets such as invoices or other financial instruments as blockchain tokens. The goal is to make records and settlement easier to track and automate. (CoinMarketCap)

2. Technology and architecture

It is an EVM compatible Layer 1 blockchain, meaning it can run smart contracts built for Ethereum’s virtual machine. It uses delegated Proof of Stake, where validators stake tokens and help confirm transactions.

XDC subnets are separate blockchain environments that can be configured for privacy and permissions. They are intended for organizations that need to keep transaction details private while connecting to the public network. (XDC Network)

3. XDC token

XDC is used to pay network transaction fees and support staking, which helps secure the network through validator participation. The token is distinct from the network itself: the network is the infrastructure, while XDC is its native asset.

Conclusion

XDC Network is an enterprise focused blockchain built to support trade finance and tokenized assets, combining public blockchain functionality with optional private environments. How effectively can its subnet design serve organizations that need both confidentiality and verifiable records?