Pharos Network – The Layer 1 For RWAs

Wish Wu is the Co-Founder and CEO of Pharos Network, a Programmable Open Financial Layer 1 For RWAs & Cross-Chain Liquidity. Wish leads the development of its decentralized protocol stack and drives key industry partnerships. Formerly CSO at ZAN, Ant Group’s Web3 arm, he specialized in security architecture and vulnerability management.

Why you should listen

Pharos Network is a next-generation layer-1 blockchain protocol designed to bridge Web 2 and Web 3 liquidity by providing a high-throughput, modular platform for real-world asset tokenisation and open finance. Built by a team with backgrounds at organisations such as Ant Financial, Microsoft Research and Stanford University, the network emphasises institutional-grade performance while remaining accessible to individual users and developers. On its website, Pharos highlights its ability to handle 30,000+ transactions per second with block-finality in under one second and support for up to one billion simultaneous users.

Designed for real-world finance applications, Pharos targets use-cases such as tokenised financial products, stablecoins backed by real-world collateral, and infrastructure assets like property, energy and commodities. It also incorporates features aimed at regulatory compliance including identity – and AML/ KYC infrastructure – while maintaining open-chain access. With these characteristics, the network positions itself to enable institutions and individuals alike to participate in an on-chain economy that seeks to combine scalability, transparency and broad access.

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Source: https://bravenewcoin.com/insights/pharos-network-the-layer-1-for-rwas