Phala Network Announces Strategic Partnership with Neukind
Neukind is proud to announce its strategic partnership with Phala Network. Neukind will provide tools and channels to support Phala both in Japan’s privacy computing nodes field and the layout of computing power globalization. ( For the official medium post, please visit here.)
Japan’s Largest Blockchain Node Deployment Platform Neukind Partners with Phala Network
Phala is speeding up 🚀
Phala Network tackles the issue of trust in the computation cloud.
This blockchain is a trustless computation platform that enables massive cloud processing without sacrificing data confidentiality. Built around TEE-based privacy technology already embedded into modern processors, Phala Network’s distributed computing cloud is versatile and confidential. By separating the consensus mechanism from computation, Phala ensures processing power is highly scalable. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.
As a member parachain of the Polkadot cross-chain ecosystem, Phala will be able to provide computing power to other blockchain applications while protecting the data layer, enabling possibilities like privacy-protected DeFi trading positions and transaction history, co-computing DID confidential data, developing light-node cross-chain bridges, and more.
On-chain services currently being developed on Phala Network include Web3 Analytics: high-performance smart contracts from Phala enable highly concurrent mass data analytics with privacy, paving the way for an alternative to Google Analytics that inherently respects individual confidentiality.
Neukind is the largest blockchain node deployment platform in Japan. Neukind provides node deployment of various blockchain protocols with Node as a Service and has operated more than 6,000 nodes so far. Currently, Neukind is providing Ethereum 2.0 non-custodial staking service, Polkadot and Kusama validator nodes, etc.
In addition, Neukind provides open-source node monitoring tools based on its experience in operating nodes, and it is researching and developing a new public blockchain. Neukind is committed to achieving a decentralized node environment that does not rely on a centralized cloud.
In the decentralized society that Web3.0 aims to achieve, Neukind will realize a crypto native world where everyone can easily provide services.