The use of Blockchain has been on the rise but security of data and privacy of users on the Blockchain space has been a major concern . Oasis Network bridges the gap in terms of protection and security of data rights of an individual while enabling fundamentally new use cases application.
WHAT IS OASIS NETWORK?
Oasis Network is a decentralized Blockchain which uses a proof of stake (POS) smart contract platform powered by Tendermint BFT technology that provides scalability, extensibility, security and privacy. Oasis Network is designed to allow consensus layer to be easily changed to use a completely different consensus mechanism to benefit from the latest progress in space; the consensus layer also accommodates multiple smart contract routine simultaneously.
Oasis Network also helps users retain ownership and data extract value for their personal data (Tokenizing data) and the tokenized data can be used in a vast array of new privacy-preserving application built on the Oasis Network adaptable and resilient architecture powering a new data economy.
FOCUS
Oasis Network focuses on both scalability and privacy.
FEATURES
Oasis Network has many features but the main features of the platform enables efficient variable and confidential smart contract. Other features include privacy, extensibility, scalability, security, flexibility and fault-finding.
'Verifiability:-' Verifiable computing implementation on the Oasis Network is referred to as DISCREPANCY DETECTION which makes use of an efficient fast-path optimization that allows the use of smaller ParaTime execution committees of size F+1 or Byzantine nodes.
'CONFIDENTIALITY:-' While protecting user data, their data is private to them and can only be accessed by the user.
'PRIVACY:-' Oasis Network is designed to allow the execution of smart contracts that keeps the dara private and confidential without sacrificing the ability to compute on the data.
'Extensibility:-' Oasis Network allows the building of custom commuter environments for specific use cases.
'SCALABILITY:-' Oasis Network computes data in a unique way which greatly improves the scalability for smart contracts that run on Oasis Blockchain. The scalability nature of Oasis Network also allows the system to grow without incurring huge expenses driving up the per-transaction cost.
'FLEXIBILITY:-' Oasis Blockchain enables easy modification system parameters to accommodate different deployment scenarios.
'FAULT-ISOLATIONS:-' Oasis Network is built to be fault tolerant in terms of security fault isolation so that vulnerability in one component should not compromise the security of another component and in terms of performance fault isolation so that performance problems in one component does not unduly affect the performance in the rest of the system.
All these features are achieved through a unique design that separates computation while providing a built-in interface for privacy-preserving computation. The parameters are referred to as Simple 'Consensus Layer' and 'ParaTime Layer.'
OASIS NETWORK TOKEN
Oasis Network has a native token which is used for staking both consensus and ParaTime committee and also payment for consensus operations.
CONCLUSION
Oasis Network is a decentralized Blockchain built for securing and privatizing user’s data making the internet a safe and more secured.
To learn and get more understanding of how the Oasis Blockchain operates visit
Website:- oasisprotocol.org
TWITTER:- 
TELEGRAM:- https://t.me/oasisprotocolCommunity and
https://t.me/Oasisnetworkcommunity_Nigeria
MEDIUM:- https://link.medium.com/3kXRGFQU98