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What is Phala?

Sensitive information is managed solely within secure hardware enclaves that are shielded from any external access. The integrity of both the code and the data is guaranteed, allowing only actions that are pre-approved. The Phala confidential contract complies with several standards, including Intel SGX and AMD SEV. It provides a safe and reliable environment for data storage and processing, utilizing a decentralized storage system alongside a distinctive random scheduling algorithm. Additionally, remote attestation verifies that contracts execute correctly in a trustless and private context. Every line of code and its execution can be validated on-chain, which enhances transparency. The effectiveness of a smart contract is significantly reduced without composability, an essential factor for functional expansion. Importantly, Phala distinguishes itself as the only confidential contract protocol that upholds both interoperability and composability, facilitating seamless integration of contracts with various other systems. This remarkable attribute positions Phala as a frontrunner in the realm of confidential smart contracts, paving the way for future innovations in the field. Its commitment to maintaining user privacy and security further solidifies its reputation as a leader in this technology sector.

What is Band Protocol?

Band Protocol acts as a cross-chain data oracle platform that connects real-world data and APIs to smart contracts, effectively bridging the divide between on-chain and off-chain information. Although blockchains are known for their immutable storage and the ability to perform deterministic, verifiable computations, they often fall short in accessing dependable external data sources. By employing Band Protocol, smart contracts are empowered to utilize trustworthy data without dependence on centralized systems, thereby boosting their overall capabilities. This functionality is especially vital for Decentralized Finance (DeFi) applications that depend on accurate price feeds for activities like token swaps and loan collateralization. With the integrated price oracle from Band Protocol, developers can confidently construct DeFi solutions, assured that the price data they use is secure and impervious to manipulation. Moreover, BandChain is designed to integrate effortlessly with any smart contract platform or blockchain development framework, enhancing its adaptability. In a decentralized and trustless fashion, BandChain adeptly manages the complex tasks of sourcing, aggregating, and formatting data from multiple external providers, which ultimately streamlines the development process for blockchain applications. This groundbreaking approach places Band Protocol at the forefront of the decentralized application landscape, ensuring that reliable data access becomes an expected feature across platforms. As the demand for accurate and timely data continues to grow, Band Protocol's role is likely to become even more critical in shaping the future of decentralized technologies.

Media

Media

Integrations Supported

Big Dipper
Cosmostation
Dwellir
FastNode
Frontier Wallet
InfStones
Manta Network
Mintscan
Moonbeam
Moonriver
NOWNodes
Ping Explorer
QANplatform
Sei
stakefish

Integrations Supported

Big Dipper
Cosmostation
Dwellir
FastNode
Frontier Wallet
InfStones
Manta Network
Mintscan
Moonbeam
Moonriver
NOWNodes
Ping Explorer
QANplatform
Sei
stakefish

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Phala

Company Website

phala.network/en/

Company Facts

Organization Name

Band Protocol

Date Founded

2017

Company Location

Thailand

Company Website

bandprotocol.com

Categories and Features

Categories and Features

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