iExec, a company developing confidential computing infrastructure for Web3, has integrated dstack to enhance the security of its Nox protocol for on-chain finance. dstack is developed by Phala Network and provides trusted execution environment (TEE) technology, enabling applications to prove they are running in a secure and verified environment.
Nox is designed for DeFi and RWA applications that need to process sensitive financial information without exposing it on a public blockchain. Instead of working with plain data, smart contracts use encrypted handles, while confidential calculations take place off-chain inside protected execution environments.
cryptonews.net