Ruby Protocol amplifies its reach by deploying our privacy and access control solutions on Optimism.

Thanks to Optimism’s higher transactions per second and cheaper usage fees, it is an essential scaling solution for Ethereum and many others. Due to this development, many of the most used Web3 protocols are working with scaling solutions to offer a more significant user experience. We want to provide more.

Ruby Protocol is dedicated to building a private data management framework for Web 3.0 that proposes and implements a privacy layer interacting with the multi-chain ecosystem. They envision it as a fine-grained private data access-control gateway across different entities and organizations in the decentralized and traditional financial world.

Web3 vision in this super-connected space, Ruby Protocol must work with & learn from the most advanced Web3 projects. After all, in today’s technical landscape, combined endeavors often produce synergies & make superior products for partners and end customers. So, again, they’re thrilled to announce Ruby Protocol finally ready to go live on Optimism.

Why Deployment to Optimism？

Besides the advantages mentioned above, Optimism also makes technical integration easy and smooth for any partner.

With OVM, their fully-featured, EVM-compliant execution environment designed for the Layer 2 system, Optimism brings a different level of compatibility within the Layer 2 ecosystem. The Optimistic Virtual Machine is equivalent to the EVM, so the decision to move a dApp onto L2 is no longer architectural and complicated. It’s simply a matter of deployment.

In addition, it has been observed that the network is excellent at attracting users, partners, & integrations while keeping its users loyal and satisfied. Statistically, many dApps are now deploy on Optimism pushing its TVL to increase to more than $500 million.

Ruby Protocol & Optimism

Ruby Protocol’s deployment on Optimism will enable the community users & many privacy-conscious crypto enthusiasts to benefit from all the advantages mentioned above. However, in light of the PoC Launch, their tech team will primarily focus on access to cheaper & faster transactions.

One of the many plans is to join a diversified network of applications and communities. This milestone marks an important milestone in our journey toward complete decentralization.

About Optimism

Optimism one of the layer 2 scaling solutions. Powered by a technology called Optimistic rollups, which bundle large amounts of transaction data into digestible batches. The Optimism is much cheaper than Ethereum, & it’s increasingly becoming popular with other layer 2 solutions.

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About Ruby Protocol

Ruby Protocol a cross-chain, privacy-first infrastructure, powered by Polkadot. The layer-1 protocol utilizes Functional Encryption (FE) cryptography. Allows users to adopt a modular approach to data privacy and ownership. This solution allow users to encrypt sensitive information on-chain, can only be decrypt by holders of an approve private key.

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Tank Wars Zone is a Play2Earn Battle Game. It is one of Fantom’s first blockchain games, backed and invested by the Fantom Foundation and close to 30 other Venture Capitals. Their new partner introduces a new blockchain tank battle game that offers gamers more opportunities to monetize their time and passion. It further transforms the global gaming industry in the blockchain era.

About Tank Wars Zone

Tank Wars Zone is a blockchain-integrated game by three developers who have had a great passion for blockchain games and NFTs since 2020. The founding members are from Fantom Vietnam Validator, and they have been running as Validator on Fantom since Genesis Mainnet. Currently, the Tank Wars Zone team has 14 members, including developers, designers, and marketers.

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RubyProtocol strategic partnership with Tribe, Singapore’s first government-supported blockchain ecosystem builder, that connects talents and global opportunities to drive the frontier tech ecosystem forward.

By working closely with organizations including blockchain protocols, corporates, governments, startups, & developer communities. Tribe strives to power the next wave of talents and companies’ leap from Web2 to Web3. Tribe’s mission is to expand the Web3 developer community in Asia & work on bridging them to learning, career, & engagement opportunities.

Ruby protocol a private data management framework for Web 3.0 that proposes & implements a privacy middle-layer interacting with multi-chain. It is a fine-grained private data access-control gateway across different entities and organizations both in the decentralized and traditional financial world. Built on functional encryption, the Ruby protocol will be the true embodiment of the decentralization spirit of the cryptocurrency movement.

Growth and Ecosystem Development

The Growth and Ecosystem Development team at Ruby protocol focus on connecting various blockchains and teams in the industry with the Ruby protocol to expand its utilities.

As an ecosystem integration developer, Ruby Protocol is constantly looking for talented individuals with the right mix of skills including organizational skills and a solid understanding of applied cryptography.

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