Oasis Network is a decentralized blockchain network built by Oasis Labs that enables secure and private data-sharing and control.
The ROSE token is the native utility token of the Oasis ecosystem and is used for staking and delegation in the network consensus, as well as paying network transaction fees.
The blockchain infrastructure has two main components:
Consensus Layer: a scalable and secure Delegated Proof-of-Stake consensus algorithm run by a decentralized set of validators.
ParaTime Layer: an environment that hosts many parallel runtimes (ParaTimes), each representing a replicated computation environment with a shared state.
Utilizing Trusted Execution Environments (TEEs), Oasis Network has enabled the following functionalities:
Query & Data Control: allowing companies to monitor and control access to their data and create detailed restrictions on analysis and Structured Query Language (SQL) queries.
Data Collaboration: allowing businesses to share sensitive data with other organizations while being able to retain and adjust data access and analysis permissions.
User Privacy-as-a-Service: allowing companies to present how user data is transferred and utilized.
Parcel SDK: allowing developers to access the Oasis Network to build tools and applications with ease.
The project has raised over 45.00MM USD via private token sales with the latest token sales price being 0.03 USD / ROSE.