Web3 Foundation announces a new batch of funded projects, pLIBRA received investment support

The Web3 Foundation announced a new list of its funding program W3F Grants. The project pLIBRA submitted by the LibraChina team received investment support from the Web3 Foundation and became the officially recognized project of Web3 Ecology and Polkadot. It is reported that the pLIBRA project is an intelligent privacy contract that connects the Libra blockchain to Polkadot for cross-chain interaction, and its privacy is implemented by Trusted Computing Environment (TEE) technology. The project aims to address the need to protect Libra users' data privacy through decentralization.