Trias, strategically partnered with NUTS Finance
Recently, Trias has reached a strategic cooperation with NUTS Finance, the acBTC product development team. NUTS Finance will implement a secure and scalable blockchain financial infrastructure project based on Trias TEE. As a strategic partner of NUTS Finance, Trias will provide NUTS Finance with the security of trusted applications and the flexibility of consensus network structure.
In the process of building a blockchain financial project, data privacy is the most concerned issue for enterprises and users. TEE based on Trias trusted technology is an independent execution environment, which can ensure the security and consistency of financial data and programs. Through the establishment of a trusted environment, the security of the data and model of NUTS Finance project in the communication and calculation process is ensured, and the whole process monitoring and control is carried out to prevent the third party from attacking.
Through the privacy computing technology of Trias, it can protect NUTS Finance data from leakage, and solve the problem of mutual distrust among the participants in the network, so as to better protect the financial data security. In the process of financial data encryption, the sensitive data related to identity is removed, and the corresponding relationship between data and source is cut off to achieve better security.
NUTS Finance is a decentralized development organization composed of technology and financial geeks, focusing on the development of infrastructure projects of blockchain finance. Its productacBTC is a set of protocols designed for native BTC and ERC-20 BTC, including swap, lending and interest generation applications, with the design goal of security, high efficiency and ease of use.
acBTC is a group of protocols, not just a protocol. Around the asset of BTC, a set of protocols is used to solve the heterogeneous problem of BTC after cross chain. Specifically, there are swap, interest generation and lending, which are planned to be gradually launched through a period of development and liquidity reserves. In conclusion, acBTC is a single asset multi protocol, and its goal is to solve all problems after BTC cross chain.
acBTC is an asset basket, which can contain BTCs of various formats. This basket supports the exchange of BTCs of different formats. acBTC itself is a stable asset, with a minimum of 1:1 anchoring the native BTC. This makes it easy to enter into the defi agreement, such as lending.
The best scenario of BTC in Ethereum and other chains is as collateral. acBTC is not responsible for mapping, but is responsible for the cost and ease of use after mapping.
acBTC plans to establish multiple DeFi protocols, so that all kinds of ERC-20 BTCs can get rid of the current constraints, freely flow in a variety of DeFi protocols, enhance the liquidity, and play and capture more value in the DeFi.