Aleph Zero launches fast EVM-layer with privacy tools and new apps compatible with web3.

From Investing.com

August 12, 2024 1:30:46 pm:

Aleph Zero launches ultra-fast Ethereum-compatible layer-2, expanding privacy tools and new apps compatible with the web3 ecosystem. The EVM-compatible Layer-2 is built in partnership with Gelato using Arbitrum Orbit technology for fast transactions and processing. The AZERO token will power gas transactions on the Layer-2.

zkOS privacy framework will be integrated into Aleph Zero’s EVM-Layer in Q4, with proving times under a second on consumer devices. The framework aims to enhance privacy features for blockchain applications without deep cryptographic knowledge. The goal is to improve user experience and make privacy features more practical and economically beneficial.

Several use cases are already building on Aleph Zero’s EVM, including real-world asset marketplace, DAO-as-a-Service platform, NFT marketplace, and web3 gaming hub. A new use case, vib3s, aims to enhance customer relationships in sports and entertainment industries through a privacy-respecting whitelabel service with various engaging features.

vib3s, powered by Aleph Zero blockchain, Upcade, and other solutions, is set to launch its first implementation this month targeting large-scale entertainment use cases in Europe. The service includes a newsfeed, embedded crypto wallet, loyalty points system, games, and more, all designed to boost user retention and loyalty.

Read more at Investing.com: Aleph Zero Launches Its EVM-Layer on Mainnet By Chainwire