Blockchain

NEAR Launches Confidential Cross-Chain Stack

$NEAR Protocol, a unified commerce layer for digital property, introduced a brand new blockchain and AI infrastructure stack centered on cross-chain execution and confidential compute. The replace was launched at NEARCON in San Francisco. The occasion gathered representatives from OpenAI, Google, Intel, AWS, Oracle and Courageous.

The discharge consists of close to.com, a shopper super-app constructed on $NEAR Intents. It connects greater than 35 blockchains by means of one account and permits cross-chain swaps, peer-to-peer transfers and elective confidential transactions with out handbook bridging.

Confidential Intents provides restricted visibility for cross-chain transfers, deposits and withdrawals. Transactions stay verifiable onchain however particulars may be shielded. The function targets establishments that require privateness to scale back frontrunning and technique copying.

$NEAR additionally launched IronClaw, an open-source AI agent runtime working inside encrypted enclaves on $NEAR AI Cloud. Brokers can run constantly with hardware-level safety of credentials. In parallel, the Confidential GPU Market allows TEE-secured compute for enterprise and authorities workloads.

Picture: Freepik

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