OAK Network

Appchain
Polkadot Parachain
Infra

project_established_year 2020	project_headquarter United States
project_operating_status project_active	ecosystem

OAK Network is an automation blockchain for Defi and recurring payments, aiming to be the primary utility Layer-2 across protocols. Its mission is to build a Stripe for Web 3.0 across protocols. The blockchain is built on Parity Substrate with an event-driven execution model, which is different from Ethereum's transaction-based model, where a transaction requires private key signing. OAK allows transactions to be triggered by event signals, such as time, price, and smart contract state changes.