The Ethereum Foundation (EF) on October 29 announced a new web portal aimed at companies and institutions looking to develop or implement solutions on the Ethereum network.
This site is called “Ethereum for Institutions”. “A guide for companies considering implementing Ethereum technology” Additionally, we introduce use cases and companies that are building products on top of our infrastructure.
According to an EF announcement, it’s a “new resource for the developers, leaders, and institutions driving this global movement.”
Features of the new Ethereum Foundation website
The new site emphasizes: Participation of companies such as BlackRock, Visa, eToro, Coinbase, etc.develop tokenized financial products or payment services based on Ethereum.
These projects have billions of dollars in assets under management. Trillions of transaction volume in the Ethereum ecosystemAccording to a statement from the foundation.
Another central axis pointed out in the new portal business privacyrequirements related to institutions that handle confidential or regulated information.
The Ethereum Foundation emphasizes: The network is “promoting privacy on public rail”«, through tools such as zero-knowledge proofs (ZK proof), Homomorphic Encryption (FHE), and Trusted Execution Environment (TEE).
According to the organization, these tools will allow institutions to operate in the following ways: Go private without giving up transparency and traceability That’s what the regulations require. In fact, you can validate transactions and meet audit requirements without exposing sensitive data or business-sensitive information.
L2, tokenized assets and stablecoins, another support for Ethereum by the Foundation
On the other hand, the portal also Emphasizes the role of second layer (L2) solutionsa network that expands Ethereum’s capacity by offering faster transactions at lower costs.
Currently, the L2 ecosystem has secured “over $50 billion in total locked value.” Configure the infrastructure used for paymentsAsset Tokenization, Large Scale Enterprise Applications.
In this sense, the website points out that real-world asset tokenization (RWA) and the use of stablecoins are the pillars.
According to the new EF portal, “more than 75% of tokenized assets and 60% of the world’s stablecoin supply are found on Ethereum.”
Finally, the Ethereum Foundation has made it clear that this institutional portal will be a dynamic resource. Updated regularly to reflect ecosystem developments and new technological developments related to business implementation of networks.
(Tag translation) Blockchain
