HONG KONG, Could 16, 2025 /PRNewswire/ — Pharos Community, a high-performance blockchain constructed for real-world belongings (RWAs), introduced the launch of its Testnet. Designed for institutional-grade RWAs and enterprise-scale DeFi, Pharos provides a next-generation, modular infrastructure that addresses the important thing bottlenecks stopping establishments from coming into Web3. The platform powers scalable deployment of decentralized functions, allows environment friendly cost options, and unlocks new use circumstances for tokenized belongings.
The Pharos Testnet achieves as much as 30,000 transactions per second with one-second finality, setting a brand new benchmark for Layer 1 blockchain efficiency. Its GPU-like structure might assist billions of customers and scale back storage utilization by 80%. The community additionally options built-in assist for decentralized AI and privateness preserving SPN. With ZK-based KYC/AML capabilities, Pharos ensures enterprise-ready safety and compliance. It stays absolutely EVM-compatible, providing quicker and cheaper transactions, whereas enabling versatile, on-chain innovation.
Pharos’s product stack immediately addresses the core bottlenecks in RWA adoption—scalability, compliance, and adaptability—unlocking new use circumstances throughout sectors comparable to renewable power trade finance, cost, provide chain finance, and tokenized actual property. Its modular, high-throughput infrastructure allows safe deployment of RWA at scale, whereas assembly the regulatory and efficiency calls for of the monetary trade.
Based by former AntChain and Alibaba blockchain leaders, the Pharos group brings deep enterprise expertise, uniquely positioning it to ship enterprise-grade options for establishments exploring inexperienced finance, funds, and new types of programmable possession and asset tokenization.
“The Pharos Testnet represents a major milestone in our mission to unlock the true potential of RWAs. By offering a high-performance, scalable, and adaptable platform, Pharos meet the wants of bringing actual world belongings on a sequence and bringing utilities to those belongings.” mentioned Alex Zhang, CEO of Pharos Community. “We’re excited to look at innovation flourish on Pharos and speed up the convergence of conventional finance and decentralized know-how.
Builders and customers can entry and expertise the Testnet by visiting testnet.pharosnetwork.xyz.
About Pharos
Pharos Community is a revolutionary Layer 1 blockchain platform that units new benchmarks in decentralized know-how with its excessive efficiency and scalability. Based by ex-blockchain leaders from Ant Monetary and Alibaba, Pharos goals to construct the very best chain for RWAs and enterprise-grade DeFi, attaining the best EVM Layer-1 efficiency with 50K TPS and being the primary to succeed in 2 gigagas/sec. As well as, Pharos is a co-developer of SmartCogent, an AI toolkit for giant language fashions (LLMs), and the core improvement group of DTVM know-how. For extra info, please go to https://pharosnetwork.xyz.
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