May 30, 2024 - 2 min read
Supra is excited to announce a partnership with TEN, a Layer-2 Ethereum solution focused on full data encryption. TEN is spearheaded by the visionaries behind R3 Corda.
TEN employs confidential roll-ups for Layer-2 transactions, ensuring data is encrypted while maintaining rollup validity. TEN offers full encryption for smart contracts, enhancing privacy beyond other Layer 2 solutions.
TEN’s Layer-2 solution offers several features, including full EVM and Solidity compatibility, seamless developer and user experience. It also offers a unique approach to transaction security and fairness.
The partnership between Supra and TEN will unlock new possibilities for on-chain fantasy sports games, enabling private bets and preserving game integrity with encrypted data feeds. Similarly, the technology will ensure confidentiality in market prediction games, thereby preventing biased outcomes.
Additionally, the partnership will facilitate the development of private, publicly verifiable supply chain management systems, enhancing security and data confidentiality. Supra’s potential for creating subscription-based private decentralized oracles promises to manage sensitive data across various sectors, including healthcare.
Joshua D. Tobkin, CEO and Co-founder of Supra, commented:
“Supra is excited to work with the amazing team of TEN. This partnership with TEN allows us to explore new horizons in encrypted data feeds. We are happy to expand our offerings to support privacy-centric applications.“
Gavin Thomas, Co-founder and Contributor of TEN, commented:
“Joining forces with Supra empowers us to push the boundaries of what’s possible with public blockchains. Supra has long been recognized as a leader in Oracle solutions and partnered with TEN’s encryption capabilities will set a new standard for security and privacy in decentralized applications.“
Supra is at the forefront of decentralized Oracle technology, offering reliable high-speed data feeds, dVRF for dApps, and IntraLayer for building cross-chain protocols. They are all powered by a novel consensus algorithm and security network design. The platform is integrated across major and emerging L1 and L2 ecosystems, enhancing Web3 applications’ performance. Supra’s data feeds are sourced from the most reliable crypto sources, vetted, and published in real-time, optimizing for accuracy and stability.
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TEN is a leading L2 solution that brings full data encryption to Ethereum. Developed by the creators of R3 Corda, TEN aims to enhance the Ethereum ecosystem with secure, scalable, and privacy-preserving capabilities. It facilitates a wide range of encrypted applications and services.
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