[PRESS RELEASE – Singapore, Singapore, June 16th, 2023] Web3 infrastructure provider Phala Network has launched Phat Contract, an enhanced smart contract solution for blockchain builders. Phat Contract makes it easier for developers to connect a smart contract to virtually any blockchain ecosystem.
Phat Contract is an off-chain program running on Phala Network. It connects smart contracts, allowing them to interact with the real world more efficiently. Engineered to bridge the gap between web2 services and the web3 universe, Phat Contract enables effortless integration across EVM and Substrate blockchains in a trustless environment. This allows smart contracts to extend their capabilities to the off-chain world, making smart contracts even smarter.
An innovative solution for implementing web3 functions, Phat Contract ensures efficient interaction with off-chain data while maintaining trustworthy and secure information. Phala’s solution is designed to significantly enhance developme

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