Phala Network

Phala Network is the first composable smart contract protocol for privacy protection based on Substrate and Boca ecosystem (Substrate: Polkadot is a framework for constructing distributed systems), aiming to provide enterprises and users with privacy protection computing and data protection services. In the future as boca Parallel chain of privacy computing, Phala provides the underlying infrastructure for privacy protection technology for the entire Boca ecosystem by issuing computing power in the CPU with the Trusted Execution Environment (TEE) function.

Phala Network adopts TEE+ blockchain fusion architecture to realize confidential smart contract. The secret smart contract runs in Enclave, a special security zone within the CPU. The execution of the contract is completely isolated from the outside world, ensuring the confidentiality of data. Anyone with an Intel CPU can become a miner, responsible for verifying every operation of the blockchain.

Phala is a pioneer member of Substrate Builders Program, a member of the Linux Foundation, and a member of the Privacy Computing Alliance (CCC) for his innovative and technical achievements. Its apps pLibra and Web3 Analytics have received funding from the Web3 Foundation.