Asterizm is a blockchain interoperability layer with data encryption at the core. Develop cross-chain Apps,while saving money on transactions,avoiding penalties from regulators and risks of data leaks
Current Status
1) The development of Asterizm is finalized.
2) 10 EVM-based chains are already integrated, and 2 EVM-based chains are being integrated.
3) Security audit (by HashEx) has been successfully passed (a few weeks ago).
4) Technical documentation published.
5) Launched the first Asterizm-based product (about 1 week ago)
6) 10 companies from our waiting list starting to implement Asterizm into their products.
Problem or Opportunity
1) High fragmentation of the blockchain industry ==> lack of interoperability
2) Slow cross-chain transactions
3) Overpaying for high cross-chain transaction fees
4) Risk of sensitive data leaks (especially for private chains)
5) Penalties from regulators (new regulations in the field of data protection)
With Asterizm companies can be blockchain-agnostic and use the benefits of various networks, stay connected to users, liquidity & tech in different ecosystems, and remain compliant with the latest regulatory requirements by keeping the transmitted data confidential.
Solution (product or service)
The secret sauce of Asterizm is encryption of the transmitted data at the transport level and check of validity and integrity of the cross-chain transactions on the smart contract on the destination chain, which allows us to avoid using complex and expensive off-chain validators network.
Thanks to this architecture, Asterizm is fast, confidential, reliable, cost-effective and easily scalable.
Business model
Transaction-based business model. Fixed fee for each transaction processed via Asterizm
Incubation/Acceleration programs accomplishment
Techstars London Powered by Polygon (spring 2023 cohort).
Demo day - May 11th, 2023
