Since Celer’s initial partnership announcement with the Oasis Network, we have continued to work with Oasis to bring enhanced interoperability and privacy to the blockchain ecosystem. Today we are thrilled to announce an exciting expansion to Celer’s support of Oasis; Celer’s state-of-the-art Celer Inter-Chain Messaging (Celer IM) Framework will serve as the message-passing bridge for Oasis Sapphire, the EVM-compatible privacy layer powered by the Oasis Network that offers a solution to the blockchain privacy paradox.
The Oasis Network has long been recognized for its commitment to privacy and data confidentiality. With the integration of Celer IM, Oasis Sapphire will further strengthen its privacy layer by leveraging Celer’s cutting-edge technology. Celer IM acts as a bridge between Oasis Sapphire and other blockchain networks, facilitating the secure and efficient exchange of messages and data. This interoperability enables developers to build entirely new privacy-centric dApps or add confidentiality to existing dApps on popular EVM networks using Sapphire as a privacy layer.
An example of this would be if a dApp wishes to use a decentralized ID system using personal information like height, age, or medical data—they would want to have some sort of system in place to ensure the privacy of this data as well as be able to verify the data. This means that storing it on chain is not really an option since on chain data storage can be queried and so the data is not private. This is where Oasis Sapphire, the Oasis Privacy Layer, and Celer IM come into play. The data can be stored on Oasis Sapphire as a confidential NFT/SBT, where the NFT owner may grant/revoke permissions to access the data. Using Celer IM, messages querying and verifying the data can be passed between the normal EVM chain where the dApp is and Oasis Sapphire. With the Oasis Privacy Layer, popular dApps, on all familiar EVM chains, can utilize Oasis’ privacy technology without having to migrate their entire application and user base to a different chain.
We are excited about this partnership and the positive impact it will have on the blockchain space. Join us on this journey as we unlock new possibilities for privacy, interoperability, and decentralized innovation together with Oasis!
About Oasis Sapphire
Oasis Sapphire is the world’s first and only Confidential EVM network, revolutionizing the blockchain landscape by enabling developers and users to leverage the power of confidential smart contracts coded in Solidity. As privacy and confidentiality become increasingly relevant topics in the world of Web3, the Sapphire network will empower developers and users to personalize the confidentiality parameters and extensions of the applications built on top of the network. These confidentiality-enabling features will allow for the development of more complex and sophisticated web 3 applications which can compete with their web 2 counterparts.
The Sapphire Network brings powerful additional features that make it a premium network for developers, including:
- Native confidential randomness support (without the need for off-chain oracles)
- High scalability, supporting hundreds of transactions per second
- Low cost—99% lower transaction fees than those of Ethereum
- Cross-chain bridges that enable complete multichain interoperability
For more information about the Oasis Sapphire Network and how you can participate in shaping the future of confidential blockchain technology, please visit our website https://oasisprotocol.org/
About Celer Network
Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, privacy solutions and more across multiple chains. Developers can build inter-chain-native dApps using the Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states. Users of Celer-enabled dApps will enjoy the benefits of a diverse multi-blockchain ecosystem with the simplicity of a single-transaction UX, all from a single chain.
Follow Celer Network:
Are you interested in working with or integrating Celer’s tech? Let us know! We are always interested in exploring new projects and opportunities!