Flare Network is a Layer 1 blockchain designed for data-intensive applications. It provides decentralized data access and supports smart contracts with Ethereum Virtual Machine (EVM) compatibility. The network features the FAssets System, enabling non-smart contract assets like XRP, BTC, and DOGE to interact with DeFi. It also includes the Flare Time Series Oracle (FTSO) for secure, decentralized price feeds and the Flare Data Connector (FDC) for external blockchain events and real-world APIs.