What is #Phala Network?
Phala Network offers fast, cost-efficient, and secure computation by running jobs where data is generated and stored. It can streamline existing workflows without extensive rewriting by running arbitrary Docker containers and #WebAssembly (WASM) images as tasks.
Phala Network is a privacy-preserving cloud computing service, which is based on Substrate and will run as a parachain of the #Polkadot ecosystem to offer computing power comparable to existing cloud services and protects the privacy of managed programs. Based on TEE-Blockchain Hybrid Architecture, developers can deploy confidential smart contracts running inside the TEE Enclaves in the CPU.
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