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Home»DeFi»Oasis Network aims to redefine Web3 privacy with the launch of Sapphire and Oasis Privacy Layer
DeFi

Oasis Network aims to redefine Web3 privacy with the launch of Sapphire and Oasis Privacy Layer

2023-07-19No Comments3 Mins Read
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Oasis Network is about to redefine privacy for decentralized Web3 applications with the launch of two breakthrough technologies. With the Sapphire runtime and accompanying Oasis Privacy Layer middleware, developers thinking about integrating privacy, authentication, cross-chain messaging, and other critical features should be excited. Both technologies represent major milestones in a modern developer dApp toolkit.

Since 2018, the Oasis Network has been creating new solutions for dApp developers who value cross-chain messaging, user confidentiality, and simplified smart contract tools. Today, Oasis remains the world’s leading privacy-first blockchain that continues to provide a job for developers seeking a highly feature-rich and confidential Web3 experience of Ethereum-based protocols and dApps.

Sapphire is a groundbreaking independent blockchain that provides the first confidential EVM runtime usable by developers writing smart contracts for dApps on any EVM network. On Sapphire, developers can define user consent mechanisms, create custom data confidentiality features, and enable secret smart contracts much more easily than trying to build the same features on other Web3 networks. More importantly, Sapphire is compatible with all of the Web3 tools that EVM builders are familiar with, making the developer experience fantastic.

The Oasis Privacy Layer (OPL) is a universally accessible piece of middleware for Web2 and Web3 applications to access the power of Sapphire. By using OPL, developers already building EVM networks can seamlessly integrate many of Sapphire’s features (i.e. encrypted transaction states, confidential cross-chain messaging, consent user data) with dApps on their own network without having to go through the hassle of fully migrate to the Oasis network. Basically, OPL provides private computation as a service to provide Web3 developers with smarter tools and simpler interfaces.

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In a statement, Jernej Kos, director of the Oasis Foundation, said: “With Sapphire and the companion Oasis Privacy Layer, Oasis is introducing Smart Privacy into the universal dApp developer toolkit. The privacy must be flexible, versatile and compatible with any Web3 ecosystem infrastructure.”

Oasis is also committed to supporting developers using the tools Oasis builds. At ETHCC 2023 in Paris, the Oasis Rendezvous is an open invitation event for all Solidity developers to learn about the upcoming Privacy4Web3 hackathon hosted by Oasis. This eight-week event is dedicated to exploring the transformative customizability of Sapphire-powered privacy tools.

“Oasis presents a unique opportunity and unlocks new privacy tools available to Web3 developers in every ecosystem,” said Wanli Zhou, Head of Ecosystem at Celer Network. “By integrating and incorporating Celer IM into Oasis Sapphire, builders gain access to versatile smart privacy tools. Empowering builders and developers to create more advanced DApps and unleash the power of Oasis confidentiality using Celer IM. We are excited to see what unique and new use cases are being built using Oasis and Celer.”

“The Oasis team is urging Web3 to rethink its approach to dApp development with a focus on simplicity and smart privacy,” added Kos. “Oasis is paving a smarter path for privacy that can benefit every Web3 ecosystem.”

Disclaimer: This is a paid post and should not be treated as news/advice.

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Aims Launch Layer Network Oasis privacy redefine Sapphire Web3
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