# Oasis Paratime

The Oasis Network is ideal for DeFi applications due to its scalability, instant finality, 99% lower gas fees versus Ethereum, and high throughput. The Oasis Network is designed to support confidential smart contracts that keep data private while being processed. By providing end-to-end data confidentiality on Blockchain, the Oasis Network unlocks new and exciting use cases in DeFi. Check [Paratime](https://docs.oasis.io/paratime/) intro.

## Demo chain

TBD


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