About the Project
Phala Network tackles the issue of trust in the computation cloud. Organizing a decentralized network of computation nodes around the world, it offers high-performance services without relying on any cloud vendor. Phala workers run the programs in Secure Enclaves, a privacy technology already embedded into modern processors, enabling versatile and confidential execution.
About the Integration
Moonbeam’s cross-chain connection with Phala enables the PHA token to be used on Moonbeam. Once PHA is deposited on Moonbeam as xcPHA — the XC-20 representation of the PHA token — it can be used across Moonbeam’s active ecosystem of DApps. The GLMR token can also now be used in SubBridge, a cross-chain router built on Phala, joining eight other assets already available.