Ruby Protocol Partners With Subsquid
Fellow Rubies,
We are thrilled to share with you some exciting news. Ruby Protocol has partnered up with Subsquid, an indexing solution that enables Web3 builders to gain access to on-chain data on their terms.
Featuring modular architecture & decentralized governance, Subsquid might be the most developer-friendly & resource-efficient way to build, test, & deploy customized APIs for blockchain-facing applications.
Please check what we launched on Subsquid 👉 HERE
Ruby Protocol is a project that strives to build a private data management framework for Web 3.0 that proposes and implements a privacy middle-layer interacting with multi-chain. We believe that this decentralization and distribution of the indexing process will make it faster and more efficient for Ruby Protocol and other blockchain users to access and manage different data sets.
The partnership of Ruby Protocol and Subsquid was an effort to achieve a common goal of building a better infrastructure for the Web3 world. The conception of Ruby Protocol starts from a conviction that data is bound to take the center of our future world.
Judging by the curve of rapid technological advancement, we are likely entering into a future where humans have to have constant interactions with digital tools that require our data. And in that reality, real and trustless ownership over your data is the prerequisite of owning your sovereignty. Working with Subsquid and their services will help us get to that future faster.
We are looking forward to working with Subsquid to make data and its analytics easy, accessible, and safe.
About Us
Ruby Protocol is a cross-chain, privacy-first infrastructure, powered by Polkadot. Our layer-1 protocol utilizes 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.
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.
Contact
About Subsquid
Subsquid an indexing solution that enables Web3 builders to gain access to on-chain data on their own terms. Featuring modular architecture and decentralised governance. This is the most developer-friendly and resource-efficient way to build, test, & deploy customized APIs for blockchain-facing applications.
