Phala Description

Your sensitive information is processed exclusively in secure hardware enclaves that remain isolated from external access. The reliability of both code and data is assured, permitting only authorized actions. The Phala confidential contract adheres to various standards, such as Intel SGX and AMD SEV. It offers secure and dependable data storage and processing through a decentralized storage system and a unique random scheduling algorithm. Remote attestation ensures that contracts operate correctly within a trustless and confidential setting. All code and execution processes can be verified on-chain, reinforcing transparency. The utility of a smart contract diminishes significantly without composability, which is crucial for enhancing functionality. Notably, Phala stands out as the only confidential contract protocol that maintains both interoperability and composability, ensuring that users can easily integrate their contracts with other systems. This unique feature positions Phala as a leader in the development of confidential smart contracts.

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Company Details

Company:
Phala
Website:
phala.network/en/

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Types of Training
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Online Support

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