Permissioned Distributed Ledger Ecosystem
Connecting Local Government Finance Constituents
XDEX is a permissioned distributed ledger financial blockchain for local governments, investors, banks & financial institutions, service providers, exchanges, brokers, and market makers that enables transparency and immutability of financial transactions & data with other members of the network.
We do this in an advanced ecosystem that enables a distributed, global capital market while maintaining privacy & jurisdictional regulatory compliance.
- Business Enterprises
- Startup Companies
- Venture Capital Funds
- Asset Managers
- Family Offices
- Commodity Traders
- PE Funds
- Real Estate Funds
- Broker Dealers
- Trust Companies
- Law Firms
- Auditors & Accounting Firms
- Exchanges & Alternative Trading Systems
- Traders & Market Makers
- Insurance Companies
- Private Lenders
Cloud Platform Architecture
The full XDEX technology stack includes an API-based cloud framework for extended application integration and data services. The XDEX Enterprise Cloud connects identity, permissions, applications, and data with the XDEX Blockchain underneath. Certified partners can consume the cloud layer and integrate with XDEX to extend their current enterprise applications and/or digital storefronts into the XDEX ecosystem.
XDEX Enterprise Cloud exposes the XDEX Blockchain via an API framework that allows an external developer to access XDEX data and functions. This permits partners to integrate into existing enterprise information and/or create innovative applications.
The following principles embody the XDEX Enterprise Cloud strategy:
- Accelerate development by decoupling / exposing the XDEX Blockchain functionality as a reusable set of APIs for consumption.
- Innovate with digital applications or rapid deployment and quick creation of a system of engagement to new channels.
- Provide secure and controlled access to XDEX Enterprise Cloud APIs in a hybrid cloud environment where the likes of mobile or IoT applications on a public cloud can also consume exposed APIs.
- Enable a consortium ecosystem with a wider community of external developers and partners who will publish and consume XDEX Enterprise Cloud APIs beyond enterprise boundaries.
- Monetize existing and new data and algorithms while enabling new business models.
As a fully-developed product, XDEX Enterprise Cloud will provide enterprise partners with a comprehensive API Management platform. This includes creating and testing APIs and connecting their implementation code to backend systems.
It also includes securing access to those APIs and managing them in production whether they are accessed from a system of engagement application, systems of record application, or other type of application.
At the XDEX core is an industrial strength distributed ledger and data consortium of interconnected, cooperative partners. These partners support the distributed ledger data ecosystem through the operation of server nodes.
The core production blockchain is a decentralized protocol based on Delegated Proof of Stake consensus (DPoS). DPoS powers half of the transactions of all blockchains in existence. Also one of the fastest, it can scale beyond VISA transaction or NASDAQ trade volumes to 100k transactions/second with the network infrastructure to support it.
When paired with a separate audit chain ledger for reporting and metadata storage, XDEX is one of the most advanced, enterprise-grade blockchain frameworks.
The immutability and security provided by XDEX ensures data availability across multiple organizations and industry value chains.
Digitize real world assets using information standards and cryptographic hashes to issue and assign token-based units of account and classification. Transfer & trade assets with other members of XDEX. Ensure transactions & trades meet regulatory compliance. Connect real world documents to issuers, assets & transactions.
XDEX is a ledger-based system to prove transactions between users based on blockchain tokens. As “units of account”, XDEX Tokens can be created and issued to track things like memberships, licenses, service agreements, asset ownership, securities, cap tables, investor ownership, etc… XDEX becomes the extended, single source of truth data repository.
Unlike the purely anonymous and unwieldy nature of public cryptocurrency networks, XDEX is operated and managed by a federation of known entities that run specialized servers to secure and enable the network. XDEX is a consortia-based ecosystem with democratic governance to provide the maximum assurance that every asset, entity, user, and action is secure and transparent.
XDEX uses the Delegated Proof of Stake consensus model, which enables a participatory, democratic governance structure for all users of the system to govern the blockchain itself. This is important because it allows even the smallest user to cast a vote in the overall management of the ecosystem.
XDEX uses a strong federation of block producers called Active Witnesses, who are responsible for validating and writing transactions into blocks into the XDEX ledger. Active Witnesses are voted into block producing status by the XDEX ecosystem constituency through democratic process. This ensures every XDEX ecosystem participant has a voice in the management of the XDEX blockchain utility.
Identity-based Accounts & Permissions
Personal & organization accounts require full identity verification for permissioned access. Integrate 3rd party KYC/AML verification services for global financial compliance. Every account can be controlled by any weighted combination of other accounts and private keys to create a hierarchical structure that reflects how permissions are organized in real life.
Fast Global Transfers
Global trading with other members of XDEX with almost instantaneous transaction confirmation times. At scale XDEX can handle 100k transactions per second. Confidential transactions allow trades to be conducted in private. Ensure asset-backed tokens comply with transaction requirements in every global jurisdiction. Empower your existing business ecosystems and partnerships.
Custodial Trust Integration
Institutions with custody of assets, such as securities, fiat currency, even other cryptocurrencies, can use XDEX to issue a tokenized version of the asset. Once the token is created on the XDEX ledger, this asset can be traded freely within the XDEX network — leveraging XDEX’s privacy, speed, and secure trading features. Automated custodial services integration.
API-based Enterprise Cloud Integration
The full XDEX technology stack includes an API-based micro-services cloud framework for extended application integration and data services. The XDEX Enterprise Cloud connects identity, permissions, applications, and data with the XDEX Blockchain underneath. Development partners can connect to the XDEX Enterprise Cloud by consuming the API-based microservices layer, and integrate with XDEX to extend their current enterprise applications and digital storefronts with the distributed ledger.
XDEX Platform Client
XDEX uses a software client and wallet to access the blockchain data. The XDEX Platform client becomes an application development starting point that can be customized and integrated into other enterprise data and systems.
Account Level Governance Modeling
XDEX provides the ability to create complex account structures with weighting and thresholds for approvals for all transactions. Transactions may be proposed for an entity-level transaction, but then require approvals from the associated stakeholders to submit to the blockchain. This provides a real-world governance modeling, which is a significant improvement – one that is necessary for mainstream adoption of financial blockchain technology.