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Silent Data, a privacy-enabled decentralized platform that helps organizations to launch blockchain apps without exposing sensitive data, kicks off for customers.
Developed and maintained by Applied Blockchain, Silent Data has already secured its first integration with Archax, a regulated digital asset service.
Applied Blockchain introduces Silent Data, private Ethereum L2
According to the official statement by Applied Blockchain, its privacy-enabled L2 on EVM, Silent Data, is finally live. Silent Data offers privacy functions for enterprises interested in integrating blockchain networks into their business logics.
Silent Data allows organizations to control how data is shared, with whom and when – all while maintaining performance, scalability and regulatory compliance.
Many businesses seek the benefits of blockchain – transparency, automation and tokenization – but are blocked by privacy and compliance concerns. To overcome this, some turn to private blockchains to avoid exposing sensitive data like identities or transaction values. But this often leads to isolated systems, costly workarounds and lost opportunities.
Silent Data breaks that trade-off by combining the interoperability and verifiability of public chains with the control, confidentiality and performance of private infrastructure. Sensitive data remains hardware-protected at all times: the Silent Data L2 blockchain runs within a Trusted Execution Environment (TEE) such that commercially sensitive data is never visible to the operator.
Adi Ben-Ari, CEO and Founder of Applied Blockchain, explains why Silent Data is a game-changer for decentralized system usage in business:
Silent Data gives businesses the tools to safely leverage advances in blockchain and increased security in data privacy. Silent Data removes long-standing barriers to adoption and helps organizations launch scalable, compliant applications that protect what matters most: their data.
Access to developments on Silent Data is strictly controlled by standard Solidity (EVM) smart contracts, allowing only authorized parties to view specific data, under certain conditions.
Silent Data integrated with Archax, unique FCA-regulated digital assets platform
The launch also marks the integration of Silent Data by Archax, the U.K.’s first FCA-regulated digital asset exchange, broker and custodian.
Nick Donovan, CRO of Archax, welcomes the latest tech element of Archax stack and invites all cooperative customers to experiment with it:
We’re excited to work with Applied Blockchain to bring Silent Data to our platform. Silent Data gives us granular control over who sees what on-chain and that enables us to serve institutional clients with the privacy and scalability they expect from regulated financial infrastructure.
Silent Data’s balanced and privacy-centric design gives organizations like Archax full control over what is shared, and with whom, without compromising on scalability or regulatory alignment.
Silent Data was launched with an accompanying library of ready-made, privacy-enabled blueprint applications.
Dan Burgin
Vladislav Sopov
U.Today Editorial Team