XDEX is built with an internal blockchain framework that enables the tokenization of real world assets. This allows users to fractionalize the unit of account of the asset ownership across accounts on the network.
The internal XDEX framework also enables custom gateways to external blockchain environments. This allows XDEX tokens to be connected to external blockchain and cryptocurrency tokens and vice versa.
XDEX tokens values can be based on internal network price and transaction mechanisms – but also can peg to external price feeds, thus allowing derivative type functions for pricing of assets trading on external exchanges or platforms. This allows XDEX to use Bitcoin, Ethereum, and any other cryptocurrency with an open API system as a form of transactional settlement between parties.
In the future, XDEX asset tokens can be connected to central bank digital currency ecosystems as they are implemented.