TEEs – Privacy
Obscuro leverages hardware-based Trusted Execution Environments (TEEs) for encrypting the ledger. It is built on Intel’s SGX technology and is designed to confidentially deliver guarantees with certainty over the code running. Essentially, it allows for smart contracts, decentralization, scalability, and privacy in a way other privacy techniques can not provide.
Proof of Block Inclusion Protocol (POBI) – Confidential Roll-Ups
While Ethereum nodes process the winner from the previous round, a new one begins. Aggregators process transactions submitted by users. They then take the Merkle proof of block inclusion (POBI) and feed it to their TEE. Through that, each TEE replies with a random nonce. The aggregator with the lowest nonce wins the round, and the rollup is published to an Ethereum block.
$OBX – Utility token on the Obscuro chain
The fully doxxed core team, consisting of 9 full-time team members. Most of them come from a company called R3. R3 is a corporation making use of DLT to build applications while also building a confidential computing development platform for regulated industries where trust is critical. Companies using their services include Bank of America, Morgan Stanley, Wells Fargo, ING, NASDAQ, Credit Suisse, and many more.
$2.5M (Pre-Seed Round): Incubated by R3
Layer 2 Privacy Centric Solutions
Frictionless moving between L1 and L2s, security against front-running, privacy trading
Dark Pool Trading
Trading securities hidden, until execution is done
Sealed auctions & service-level agreements
Privacy focused on-chain KYC
Testnet | Seed
TGE: After the Obscuro testnet is substantially complete
Mainnet Launch: H1 2023