KEY TAKEAWAYS
- Entangle and Oasis Network collaborate to enhance blockchain scalability and interoperability.
- The partnership integrates Entangle’s Universal Data Feeds and Interoperability Protocol with Oasis, boosting privacy and cross-chain connectivity.
- This collaboration expands the utility of the ROSE token in DeFi, asset tokenization, and AI/ML applications.
- Oasis Network’s privacy-first infrastructure, combined with Entangle’s solutions, positions it as a leader in Web3 innovation.
In a significant development for the blockchain industry, Entangle and Oasis Network have announced a collaboration aimed at redefining scalable and interoperable blockchain ecosystems. This partnership integrates Entangle’s Universal Data Feeds (UDF) and Universal Interoperability Protocol (UIP) with the Oasis Network, enhancing scalability, privacy, and cross-chain connectivity. The collaboration also unlocks new use cases for the native ROSE token, particularly in decentralized finance (DeFi), asset tokenization, and AI/ML-powered applications. More details can be found here.
Oasis Network: Privacy, Scalability, and Innovation
The Oasis Network is distinguished by its use of Trusted Execution Environments (TEE) for secure computation, positioning it as a leader in privacy-first blockchain technology. This capability has made Oasis a hub for innovative decentralized applications, where the native ROSE token is crucial for securing the network, facilitating transactions, and enabling community-driven governance.
Through the partnership with Entangle, the utility of the ROSE token is set to expand. Entangle’s interoperability solutions will allow the token to participate in a growing ecosystem of interconnected blockchains and applications.
How Entangle Enhances the Oasis Network
Entangle’s Universal Data Feeds (UDF) provide reliable, real-time data to smart contracts, enriching Oasis’s privacy-preserving applications. When combined with TEE, UDF enables confidential DeFi protocols to leverage accurate data feeds securely. This ensures that complex financial applications, such as lending and borrowing (L&B) or decentralized exchange (DEX) platforms, can operate with both privacy and precision.
Additionally, Entangle’s Universal Interoperability Protocol (UIP) facilitates seamless cross-chain connectivity. This allows developers on Oasis to extend their reach into other blockchain ecosystems, enhancing the utility of the ROSE token across supported networks. UIP also boosts the entire ecosystem with cross-chain DeFi applications and liquidity pools, while maintaining Oasis’s privacy-first principles.
Transforming the Web3 Ecosystem
This collaboration addresses two critical challenges in the Web3 space: scalability and interoperability. By combining Oasis’s TEE-enabled privacy infrastructure with Entangle’s universal solutions, the partnership positions the Oasis Network as a key player in the next generation of blockchain innovation.
Potential applications include new opportunities for DeFi platforms within Oasis and across other ecosystems. Furthermore, Oasis’s secure computation capabilities, paired with Entangle’s data feeds, ensure that sensitive data remains private while being utilized in blockchain applications, including AI/ML use cases.
The integration of Entangle’s Universal Data Feeds and Universal Interoperability Protocol with the Oasis Network represents a vision for the future of blockchain technology. By enabling new use cases and extending its reach across interconnected networks, Oasis is set to lead in building a connected and secure Web3 future. Together, Entangle and Oasis empower developers and enterprises to redefine the possibilities of blockchain ecosystems.
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