Celer Announces the Launch of ZK Full Chain Data Computing and Validation Platform Brevis
On March 22, Celer Network announced the launch of the ZK full chain data computing and verification platform Brevis. Based on Brevis, dApp can access, compute, and utilize arbitrary data across multiple blockchains in a completely untrusted manner. Brevis will unlock a new dApp development paradigm, including data driven DeFi, zkBridge, on-chain user acquisition, zkDID, and social account abstraction.
Interpretation of this information:
Celer Network, a blockchain technology company, recently launched a new platform called Brevis, which is a ZK (Zero Knowledge) full chain data computing and verification system for dApps (decentralized applications) on multiple blockchains. The system enables dApps to access, compute, and use arbitrary data from different blockchains in an untrusted manner. This will allow for the development of new dApps based on data-driven DeFi (Decentralized Finance), zkBridge, on-chain user acquisition, zkDID, and social account abstraction.
Brevis is a breakthrough in dApp development, as it utilizes a zero-knowledge methodology that does not require trust between parties. This means that users can store and manage data without any centralized authority, making the processing more secure and less prone to hacks. In addition, Brevis will enable data sharing between different blockchains, increasing interoperability between systems in the blockchain ecosystem.
The Brevis platform will allow developers to create a range of new applications that leverage the power of the blockchain to build unique solutions for various industries including finance, healthcare, and entertainment. For example, data-driven DeFi will enable financial institutions to build complex trading models using a wide range of data sources from various blockchains, while zkDID will provide a secure system for digital identity verification.
In conclusion, Brevis represents a major step forward in the development of blockchain technology. The platform enables dApps to access and utilize data from multiple blockchains without trust, which will lead to increased security and interoperability. It will also allow for the creation of new applications that can harness the power of blockchain for various industries. The three keywords that summarize this development are ‘Brevis’, ‘Zero Knowledge’, and ‘dApp’.
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