Pharos Network Launches High-Performance Testnet to Power RWA Adoption

Pharos Network, a high-performance blockchain platform designed for Real-World Assets (RWAs), today unveiled its Testnet for public access. The launch aims to unlock wider adoption of RWAs in the financial industry by tackling key limitations hindering institutional participation in Web3. The network provides scalable deployment for decentralized applications, enables efficient payment solutions, and fosters new use cases for tokenized assets.