XAH is the new smart contracts network that leverages all the great functions of the XRP Ledger, along with lite smart contracts called 'Hooks'.  It is a 'hybrid XRP Ledger + WASM smart contracts chain'. 

It's ability to run up to 10 programs before or after a transaction is the key to compliant issuance of on-chain tokenized securities and real-world assets. 

More in the blog at 'X':  https://x.com/Hodor/status/1889802853130313777

Peace out. 

- Hodor