I am really glorified as I got a massive scope to put my answer under this inquisitive question. For your better acquaintances, Tari is a newest open-source blockchain protocol, aims to redefine the digital asset experience. Backed by institutional investors including Redpoint, Trinity Ventures, Canaan Partners, Pantera and Multicoin Capital, its founders Riccardo “fluffypony” Spagni, lead maintainer of the Monero cryptocurrency. It is predicted that Tari protocol enables consumers and business to break down walled gardens between businesses, sell and trade scarce digital assets. (https://cryptonewstrends.com/)
Now I will discuss the second part of this query. It is depicted that Tari will be structured as a sidechain to Monero’s network, and merged-mining will also be enabled. This means that users will receive Tari rewards from mining XMR. Tari is built on top of Monero, and like Monero, its most interesting feature is its privacy tools.
If you explore the Internet, you can find more mesmerizing and splendid information on the context of Monero’s future that is comprised of the Tari technology.