Silent Data, a new Ethereum Layer 2 network developed by Applied Blockchain, has become the first Privacy-oriented chain that becomes a member of the Superchain, the company said in a Wednesday press release.
Built on Stack, the project-based project is designed in London to have organizations perform blockchain applications without exposing sensitive information, to combine with what the ‘programmable privacy’ calls with scalability, performance and regulatory tuning.
The Op-Stapel is the Open-Source Development Stack that the Optimism Drives Blockchain.
“Delivery of the op-stack enables us to integrate into a robust and widely used layer of 2 ecosystem,” said Blockchain founder and CEO ADI Ben-Aari in the statement.
A layer 1 network is the base layer or the underlying infrastructure of a blockchain. Low 2 refers to a set of off-chain systems or individual block chains built on top of layer 1s.
The Superchain, an ecosystem of more than 30 Layer 2 networks, includes Coinbase’s base, on MAINNET, Kraken’s Ink, Sony’s Soneium, Uniswap’s Unichain and World Chain.
Silent data is the first to introduce a privacy wrapper, so that sensitive workloads can be performed on-chain without losing transparency or composability.
The project was recently launched with a library with privacy-compatible applications and is already being tested in various industries.
Companies that investigate its use include Tokeny, an Apex Group Company and Archax in Real-World assets-tokenization; Shell in energy trade; and CryopDP, a subsidiary of DHL Health Logistics, in Healthcare and Supply Chain Management.
The stack can also be taken over by other Superchain-Laag 2s or projects that want to use their own rollups, indicating a wider step to bring Enterprise-Ready privacy into blockchain infrastructure, the company said.