Panther Protocol Partners With Flare To Enable Privacy And Confidentiality On Its Network

Panther Protocol Partners With Flare To Enable Privacy And Confidentiality On Its Network
фото показано с : zycrypto.com

2021-6-5 19:42

Panther protocol, an end-to-end privacy protocol for the decentralized finance ecosystem, has announced a strategic partnership with Flare network to provide the entire network with privacy and confidentiality.

According to the firm, the partnership is a major step to growing the Defi ecosystem by providing a compliance-friendly privacy protocol. In a note, Panther Protocol CEO and co-founder, Oliver Gale said the partnership will play a critical role in the flare future growth prospects.

“We are delighted to work with the best in class, enabling privacy rights for individual and public blockchains. Flare has a powerful tech stack with a focus on institutional integration. We are excited to partner with them to build Panther privacy in the Flare ecosystem,” Gale noted.

On the other hand, Hugo Philion, CEO and co-founder of Flare noted that the partnership will help investors make moves without market manipulation. He noted that investors can rest assured investing in the decentralized financial ecosystem can be regulatory compliance and still enable user privacy.

“One element that arose from the Gamestop short squeeze saga was the clear and urgent need to allow for privacy when making investments to avoid asymmetric outcomes. Panther’s design of a privacy enabling protocol that maintains KYC and AML compliance while keeping users in control of their data is to my mind a highly important development and very valuable addition to the Flare ecosystem,” Philion explained.

The decentralized financial ecosystem has played a major role in the cryptocurrency bull market that began mid-last year. Institutional investors have shown great interest in investing in blockchain startups, particularly those working towards DeFi integration.

Panther Protocol is backed by strategic investors including A195, AU21 Capital, Moonwhale, Kosmos among others that have made major contributions to the blockchain industry. As a result, the partnership with Flare is expected to open up other strategic use cases for the Defi ecosystem.

According to Panther Protocol’s whitepaper, the network relies on the zAssets for example zETH to ensure blockchains interoperability. “Users are able to mint zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults and using these zAssets across a full range of DeFi applications,” the firm explained on its official webpage.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

BlockMason Credit Protocol (BCPT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.04 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0195725 (-100%)

privacy network protocol confidentiality panther flare ecosystem

Источник: zycrypto.com

privacy network → Результатов: 126


Orchid to Debut A Privacy VPN Network Based on Token Technology in December

Orchid, a Virtual Private Network provider, has announced its plan to roll out a token-powered (OXT) network and an application during the first week of December. The company majors in offering decentralized VPN and is also a platform where node providers can trade in tokens for advertisements using the Ethereum blockchain tech. “We will be […]

2019-11-22 01:54


Фото:

Mimblewimble Attack is ‘Factually Inaccurate’, Grin Team Responds

The claim that hired computing power could “break” the Mimblewimble privacy tool for Litecoin (LTC) is inaccurate, according to a response from the Grin development team.   Weakness Did Not Reveal Final Senders or Receivers The Grin team admitted that the protocol held a known weakness, but directing hired computing power from AWS did not constitute an ‘attack’.

2019-11-20 20:47


Elixxir releases xx messenger DApp for end-to-end private conversations

Elixxir, a metadata-shredding privacy platform, announced today the release of xx alpha messenger, the first smartphone DApp running on the xx network public alpha. The xx messenger offers unprecedented user privacy, as no other existing software, smartphone app, or dApp erases user data to prevent observers from making the connection between the sender and receiver.

2019-11-6 18:05


Bitcoin’s biggest privacy problems set to be tackled by Schnorr, Taproot

Evidenced by growing initiatives such as Lightning Network, the crypto-community has made more efforts towards improving the Bitcoin ecosystem. A recent Longhash report highlighted two currently-in-review Bitcoin Improvement Proposals (BIP) known as Schnorr and Taproot, which could push the needle further in the right direction, if they gain consensus among the nodes on the network.

2019-10-31 00:30


Ethereum, Monero exhibit interesting nonce distribution patterns

Recent analysis shows interesting patterns on the nonce distribution of Monero and Ethereum. According to the latest CoinMetrics report, on applying nonce analysis to the most popular privacy coin, Monero, when network difficulty and the scheduled hard forks [that tweaked the PoW algorithm] were overlaid, it was observed that all three PoW upgrades led to […] The post Ethereum, Monero exhibit interesting nonce distribution patterns appeared first on AMBCrypto.

2019-10-30 09:00


Privacy Coin Zcash (ZEC) Sets Sights On Interoperability; Launching A Wrapped Token On Ethereum

Zcash community is allegedly developing a wrapped token to be operational in the Ethereum network. During the Devcon developer conference for cryptocurrency enthusiasts in Osaka, Japan, the halls were filled with news and rumors of smaller projects that looked to gain access to the decentralized finance smorgasbord belonging to Ethereum. They seek access via interoperability, […]

2019-10-14 16:59


Фото:

Bitcoin Sudden Breakthrough ‘Unlikely’ In Scalability Quest, Says BitMEX

Researchers at one of the biggest Bitcoin derivatives giants believe there is no point waiting for a specific innovation to take Bitcoin mainstream. BitMEX: Bitcoin Will ‘Slowly Improve’ Presenting a new forecast on October 6, BitMEX Research, the analytics arm of BitMEX, said new tools such as the Lightning Network would not transform Bitcoin overnight.

2019-10-7 13:00


Elixxir launches alpha of xx network metadata-shredding platform

Elixxir launches alpha of xx network metadata-shredding platform - CryptoNinjas Elixxir, led by cryptographer David Chaum, today announced the launch of the xx network public alpha. Maintained by a team of nodes run by independent operators, the xx network public alpha represents the first public demonstration of cMix, a transaction network that shreds metadata and provides unprecedented consumer privacy and security.

2019-9-11 16:39


Фото:

Innovations in eCommerce: Particl Launching an Unhackable Marketplace and competes with Amazon

Particl is launching its marketplace at 8 am EST on Monday, August 12, 2019. It is an entirely decentralized ecosystem built around a native privacy coin, PART. Particl wants to fix the biggest issues still plaguing crypto: the inability to effectively spend cryptocurrencies without friction and with the full guaranty of privacy.

2019-8-13 14:16


Фото:

Verizon Hiring Blockchain Experts for ‘Distributed Network’ Project

U. S. telecom giant Verizon appears ready to join the blockchain space as its website currently lists 35 vacancies requiring ‘blockchain technology knowledge’. Verizon Joins the Fray A recent LinkedIn post for blockchain-engineers indicates that telecom giant, Verizon, could be in the process of building a blockchain-based product focused on privacy, payments, and security.

2019-7-29 08:25


Dash CEO reveals latest strategies to improve much needed mainstream adoption

Some cryptocurrencies are technically superior on the back end. Some are based on a blockchain network that attains a high level of security and privacy. Another virtual asset facilitates rapid transactions but none of these factors would translate to the digital currency’s success if their adoption rates do not reach a widespread userbase.

2019-7-22 01:00


Dash’s Ryan Taylor reveals latest strategies to improve much needed mainstream adoption

Some cryptocurrencies are technically superior on the back end. Some are based on a blockchain network that attains a high level of security and privacy. Another virtual asset facilitates rapid transactions but none of these factors would translate to the digital currency’s success if their adoption rates do not reach a widespread userbase.

2019-7-22 01:00


Is This the Next Facebook? UK Social Network UHive Enters the Field with its Own Digital Currency, Receives $2.3 Million Funding

With a focus on incentivized content creation, its own digital economy, and safeguarded user privacy, UHive is set to change the social media landscape when it releases in October. Yeah, we’ve all heard the reports that Facebook is losing favor, and like much in life, all good things must come to an end.

2019-7-15 18:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Experts Predict Significant Growth For These 3 Cryptocurrencies

Three groundbreaking cryptocurrencies are reshaping the digital landscape. Jupiter (JUP) pioneers zero-fee trading with Jupiter Mobile and is poised to revolutionize crypto markets globally. Meanwhile, Milei Moneda ($MEDA) emerges as a blend of humor, politics, and DeFi, offering a rebellious take on finance with deflationary tokens and community governance.