OAK Network

Appchain
Polkadot Parachain
Infra

Established Year 2020	Headquarter United States
Operating Status 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.