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NEAR Launches Confidential Cross-Chain Stack

$NEAR The protocol, an built-in commerce layer for digital belongings, has introduced a brand new blockchain and AI infrastructure stack centered on cross-chain execution and confidential computing. This replace was introduced at NEARCON in San Francisco. The occasion introduced collectively representatives from OpenAI, Google, Intel, AWS, Oracle, and Courageous.

This launch features a shopper tremendous app constructed on close to.com $NEAR intention. Join over 35 blockchains by way of one account, enabling cross-chain swaps, peer-to-peer transfers, and non-obligatory confidential transactions with out handbook bridges.

Confidential Intents restrict visibility of cross-chain transfers, deposits, and withdrawals. Transactions will nonetheless be verifiable on-chain, however the particulars could also be shielded. This function is aimed toward establishments that require privateness to cut back front-running and copying of methods.

$NEAR We additionally launched IronClaw, an open supply AI agent runtime that runs inside encrypted enclaves. $NEAR AI cloud. The agent can run constantly with credentials protected on the {hardware} degree. In parallel, the Confidential GPU Market allows TEE-secured computing for enterprise and authorities workloads.

Picture: Freepik

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