CRYPTO NEWS & DATA SPACE

CRYPTO NEWS & DATA SPACE

Onfinality Partnership With Ruby Protocol

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Onfinality partnership with Ruby Protocol, a cross-chain, privacy-first infrastructure, powered by Polkadot.

OnFinality, Polkadot’s leading blockchain infrastructure provider, adds Ruby Network Spec to its marketplace supporting over 60 networks.

What is Ruby Protocol?

Ruby’s layer-1 protocol utilises Functional Encryption (FE) cryptography, which allows users to adopt a modular approach to data privacy and ownership. This novel solution will allow users to encrypt sensitive information on-chain, which can only be decrypted by holders of an approved private key.

Benefits of deploying Ruby nodes through OnFinality

  • Easy — Spin up Dedicated Nodes easily and quickly via our one-click node deployment service without worrying about setting up hardware from scratch
  • Scalable — Upsize and downsize your nodes easily in a few clicks!
  • Cost-Efficient — Pay for only what you need. You no longer have to buy or set up your own hardware or make tools to monitor your node’s health and performance
  • Visibility — Simply connect to our Node Metric Endpoint for automated monitoring and alerts on your node’s health

For all the information about how to jumpstart using OnFinality and start running Ruby nodes, you can follow this documentation.

About Ruby Protocol

Ruby Protocol a cross-chain, privacy-first infrastructure, powered by Polkadot. Layer-1 protocol utilises Functional Encryption (FE) cryptography. Allows users to adopt a modular approach to data privacy and ownership. This novel solution will allow users to encrypt sensitive information on-chain, which can only be decrypted by holders of an approved private key.

Ruby’s FE Substrate-pallet will serve as the building blocks for privacy-first smart contract DApps building on the native Ruby Chain, while also acting as a privacy layer for Parachains and Web3 DApps across the Polkadot ecosystem.

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About OnFinality

OnFinality a SaaS platform that provides infrastructure & developer tools saves developers hours & allows teams to grow with confidence. Our mission is to help blockchain and dApp developers build the decentralized future faster.

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