Safeheron, a digital asset infrastructure provider based in Singapore, has unveiled an open-source Trusted Execution Environment (TEE) framework to enhance security and privacy in Web3 sectors like DeFi, payment services, and decentralized autonomous organizations. The TEE framework, developed using modern C++ and Intel SGX SDK, creates secure enclaves within CPUs to protect code and data from external attacks. Safeheron's decision to open-source the framework stems from concerns about closed systems hindering innovation in the industry. Notable Web3 sectors utilizing TEEs include privacy-focused blockchains, DeFi, and payment services. Safeheron's framework enables clients to create enclaves using cloud services that support Intel SGX servers. With over 100 clients, including MetaMask and Amber Group, Safeheron raised $7 million in funding to further research and development. Ethereum co-founder Vitalik Buterin also proposed integrating TEEs into the Ethereum ecosystem for enhanced user privacy. Read more AI-generated news on: https://app.chaingpt.org/news