Have you ever considered investing in non-public medical technology companies like Momo Medical or Van Aalst Group? Unless you are a qualified investor with assets exceeding ten million, you'll have to go through tedious paperwork and opaque intermediary matching—this is the old routine of traditional finance.

Now everything has changed. With just a click of the mouse, I directly purchased a fragment of an asset from a Dutch medical technology company. Not through a broker’s call, but via the XSC (Confidential Securities Contract) standard online. This fragmented ownership model has finally moved from a theoretical concept on paper to real assets in your wallet.

In less than a second on-chain confirmation, a silent revolution has been completed.

Traditional ERC-20 tokens only handle transfers without regard to compliance. But the logic of XSC operates completely differently—when funds flow, the underlying Zedger model activates instantly. It acts like an automated gatekeeper, immediately verifying whether your credentials are valid and whether you are on the compliance whitelist before allowing the transaction to proceed. Non-compliant transactions are directly rolled back on-chain. This is the charm of **"programmable privacy."**

The most wonderful part is the sense of "protected transparency." Your position size and transaction direction are completely hidden from the public—black box status. But for regulators, the system assigns a dedicated **"view key."** When audits are needed, they can see everything clearly; at other times, mathematics keeps your information confidential.

This is the true ultimate form of RWA—it's not about putting low-quality assets on-chain to pretend innovation, but about enabling high-quality assets to flow like water, while ensuring compliance is omnipresent.

The core logic is simple: through the XSC standard, complex securities legal rules are embedded into the code layer. On one hand, it enables the fragmentation and trading of high-value assets, freeing liquidity; on the other hand, the View Key mechanism perfectly balances privacy and regulation. This is the true passport that allows traditional financial institutions to confidently enter the crypto world.