Taurus Becomes Acurast Data Transmitter

by | Nov 3, 2022 | Adoption, Latest

Taurus SA is a global leader in enterprise-grade digital asset infrastructure. It has now been announced that Taurus has joined Acurast’s service as an independent data transmitter.

Taurus Becomes Acurast Data Transmitter

Taurus SA was founded in April 2018 in Geneva, Switzerland, specializing in digital assets and blockchain. Taurus was founded by senior executives with a background in banking, regulatory, IT, and cyber security.

Taurus delivers its clients the infrastructure to manage ANY digital asset: cryptocurrencies, tokenised assets, and digital currencies, with one unified platform. It is a leader in Europe and Switzerland.

Taurus solutions are in production and entrusted with the full spectrum of banks: systemic banks, investment banks, private banks, retail/digital banks, crypto-banks, trading venues.

In December 2021, the Taurus platform extended to support any Tezos smart contract.

Acurast allows developers to integrate price feeds, verifiable randomness, or any other off-chain data or computation for their decentralized applications and in the process reimagining the concept of bringing off-chain data and computation on-chain.

With the help of Acurast developers can access real world data and computation processed by Data Transmitters, within their applications through a streamlined marketplace.

Data Transmitters offer their computation to developers and process Acurast Jobs in the Acurast Trusted Virtual Machine that utilizes Trusted Execution Environments (TEE) such as the Android TEE, available in consumer Android devices, to ensure the trustlessness of Acurast’s system.

It should be noted that Acurast is not dependent on one TEE and can support others such as the one from Taurus in the future.

Now, Taurus has become one of these Acurast data transmitters, which will further help to decentralize and strengthen oracle solutions within the Tezos ecosystem.

On the collaboration Taurus co-founder and Chief Security Officer JP Aumasson said:

“Sound oracle solutions are key to secure decentralized financial applications. Acurast leverages trusted execution environment technology available in consumer hardware to offer a solution that is both secure and scalable.

We are pleased to act as a Data Transmitter to further strengthen the independence of off-chain data used in the industry thanks to Acurast.”

Alessandro DeCarli, Acurast co-founder stated:

“We are excited to see Taurus join Acurast as a Data Transmitter.

We know Taurus as the leading institutional custody provider with unparalleled high-end engineering, enabling institutions globally the access to the blockchain world.

We feel very proud and honoured to onboard Taurus on this journey and appreciate their trust in our security model”.

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