Sumotex to Present RWA Oracle at Solana 20X20 Event in Bangkok

馃 Solana's Secret Weapon Revealed

By SUMOTEX
Nov 18, 2024, 6:00 PM
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Sumotex is presenting at the 20X20 event in Bangkok, organized by Solana and Mechanism Capital.​ The company will showcase their Real World Assets (RWA) oracle powered by Solana's ZK-Compression technology.​

Key features:

  • Eliminates need for traditional/digital trustees
  • Enables faster trade execution
  • Leverages advanced smart contract capabilities

The presentation aims to demonstrate how their oracle solution will transform the RWA industry through improved efficiency and reduced intermediaries.​

Sources

馃殌 Exciting News from SUMOTEX! We're pushing the boundaries of blockchain with our advanced Real-World Asset Oracle, designed to seamlessly bridge on-chain and off-chain data. 馃彟馃捈 With cutting-edge tech, we're making real-world assets more accessible, secure, and scalable than

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馃殌 Sumotex 2024: A Year of Growth & Innovation! 1/ 馃煝 Over the past year, Sumotex has made incredible strides in building a cutting-edge Layer-1 blockchain, focused on tokenizing real-world assets (RWA) and bridging traditional financial systems with blockchain technology.

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馃殌 Sumotex is pioneering RWA Oracles with ZK Compression! 馃敀 By integrating Zero-Knowledge (ZK) compression into Real World Asset (RWA) oracles, we鈥檙e enhancing privacy, scalability, and security for data on-chain. This innovation is set to revolutionize how real-world assets

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馃實 The future of finance lies in the seamless connection between the real world and blockchain. At Sumotex, our RWA Oracle is not just a technological advancement鈥攊t's a bridge to a new era where real-world assets gain unparalleled liquidity, transparency, and security on-chain.

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