Oasis Network Disrupts Web3 Privacy With Sapphire And Oasis Privacy Layer Launch

Two powerful tools bring smart privacy and cross-chain confidentiality to any EVM ecosystem.

Web3 privacy will never be the same. 

With the exciting launch of the Sapphire runtime and the Oasis Privacy Layer (OPL), a major milestone in dApp confidentiality and user privacy has been achieved. These groundbreaking tools support a highly versatile and confidential Web3 experience in Ethereum-based protocols and dApps and are essential additions to every developer's toolkit.

Since 2018, the Oasis Network has been creating new solutions for dApp developers who value cross-chain messaging, user confidentiality, and simplified smart contract tools. Today, Oasis is still the industry-leading, privacy-first network building a safer, simpler, and smarter Web3 decentralized application development platform. 

Sapphire is a groundbreaking independent blockchain that offers the first confidential EVM runtime usable by developers writing smart contracts for dApps on any EVM network. On Sapphire, developers can define user consent mechanisms, create custom data confidentiality features, and enable secret smart contracts far easier than when attempting to build the same features on other Web3 networks. More importantly, Sapphire is compatible with all Web3 tools that EVM builders are familiar with, making the developer experience superb.  

In a statement published by the Oasis Foundation, Director Jernej Kos said: “Sapphire and the accompanying Oasis Privacy Layer introduces Smart Privacy to the universal dApp developer toolkit. Privacy should be flexible, versatile, and compatible with any Web3 ecosystem infrastructure.”

The Oasis Privacy Layer (OPL) is a universally accessible piece of middleware for Web2 and Web3 applications to access the power of Sapphire. By using OPL, developers who are already building on EVM networks can seamlessly integrate many of Sapphire’s features (i.e., encrypted transaction states, confidential cross-chain messaging, permissioned user data) to dApps on their native network without undergoing the effort of fully migrating to the Oasis Network. In short, OPL provides private computation as a service to empower Web3 developers with smarter tools and simpler interfaces. 

Oasis is also committed to supporting developers who use the tools Oasis builds. At ETHCC 2023 in Paris, the Oasis Rendezvous is an open-invitation event for all Solidity developers to learn about the upcoming Privacy4Web3 hackathon hosted by Oasis. This eight-week event is dedicated to exploring the transformative customizability of Sapphire-powered privacy tools.

“Oasis provides a unique opportunity and unlocks novel privacy tools available to Web3 developers in every ecosystem,” said Wanli Zhou, Head of Ecosystem at Celer Network. “By integrating and including Celer IM on Oasis Sapphire, it provides builders access to multifaceted smart privacy tools. Empowering builders and developers to create more sophisticated DApps and unleashing the power of Oasis confidentiality with the help of Celer IM. We are excited to see what unique and novel use cases are built using Oasis and Celer.”  

“Sapphire and the Oasis Privacy Layer reshape the experience for every dApp developer looking for flexible tools and interoperable environments to build and run their applications,” Kos added. “Oasis is blazing a smarter privacy trail that every Web3 ecosystem can benefit from.”

This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. This contains sponsored content and is for informational purposes only and not intended to be investing advice.

Market News and Data brought to you by Benzinga APIs
Posted In: CryptocurrencyMarketsOasis Network
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...