This week, Applied Blockchain launched Silent Data, a privacy-enabled Ethereum Layer 2. Silent Data gives organizations a new way to run blockchain applications without exposing sensitive information. The launch also marks the integration of Silent Data by Archax, a UK, FCA-regulated digital asset exchange, broker, and custodian.
Built by Applied Blockchain, Silent Data is designed to scale, from global enterprises and financial institutions to tokenization and Web3 startups. It allows organizations to control how data is shared, with whom, and when, all while maintaining performance, scalability, and regulatory alignment.
With Archax now integrating Silent Data, the platform brings enhanced privacy controls to the tokenization of real-world assets (RWAs), ensuring that sensitive balance and transaction data remains visible only to authorized parties. This allows Archax to address the commercial requirements of leading financial institutions.
Many businesses seek the benefits of blockchain – transparency, automation, and tokenization, but are blocked by privacy and compliance concerns. To overcome this, some turn to private blockchains to avoid exposing sensitive data like identities or transaction values. But this often leads to isolated systems, costly workarounds, and lost opportunities.
Silent Data combines the interoperability and verifiability of public chains with the control, confidentiality, and performance of private infrastructure. Sensitive data remains hardware-protected at all times: the Silent Data L2 blockchain runs within a trusted execution environment (TEE), such that commercially sensitive data is never visible to the operator. Access is strictly governed by standard Solidity (EVM) smart contracts, allowing only authorized parties to view specific data under certain conditions. This gives organizations like Archax full control over what’s shared, and with whom, but without compromising on scalability or regulatory alignment.
Silent Data was launched with an accompanying library of ready-made, privacy-enabled blueprint applications.
“Silent Data gives businesses the tools to safely leverage advances in blockchain and increased security in data privacy,” said Adi Ben-Ari, CEO and founder of Applied Blockchain. “Silent Data removes long-standing barriers to adoption and helps organizations launch scalable, compliant applications that protect what matters most: their data.”
“We’re excited to work with Applied Blockchain to bring Silent Data to our platform,” said Nick Donovan, CRO of Archax. “Silent Data gives us granular control over who sees what on-chain, and that enables us to serve institutional clients with the privacy and scalability they expect from regulated financial infrastructure.”