Beam updates details on its June 28 hard fork, laying out foundations for the firm’s future DeFi offering.
Major privacy-oriented cryptocurrency, Beam (BEAM), is making its first official move towards decentralized finance, or DeFi.
In anticipation of Beam’s soon-to-come hard fork, the team behind the project updated a number of relevant specifications, paving the way to the so-called “Confidential Defi,” Beam announced to Cointelegraph on June 24.
Confidential Assets are at the core of Beam’s future DeFi offering
Scheduled for June 28, the hard fork will enable Confidential Assets, or Beam CA — independent tokens on the Beam network.