Pharos Network Emerges as a Next-Generation Layer-1 Blockchain for Real-World Asset Tokenization
Pharos Network, a high-throughput layer-1 blockchain, aims to bridge Web2 and Web3 liquidity by focusing on real-world asset (RWA) tokenization and open finance. Developed by a team with pedigrees from Ant Financial, Microsoft Research, and Stanford University, the protocol boasts institutional-grade performance, including 30,000+ transactions per second and sub-second block finality.
The network targets tokenized financial products, collateral-backed stablecoins, and infrastructure assets like property and commodities. Its modular design incorporates regulatory compliance features such as identity verification and AML/KYC infrastructure while maintaining open-chain accessibility. Pharos positions itself as a scalable, transparent gateway for both institutions and individuals to participate in the on-chain economy.