Proxy re-encryption for distributed systems
Smart contract blockchain
The NuCypher KMS leverages the power of proxy re-encryption to bring private data to public blockchains.
Shared Data Lakes
NuCypher enables seamless and secure sharing of sensitive data between organizations. Whether sharing with partners, vendors, customers, or regulators, NuCypher gives the data owner full control. Fine-grained, cryptographic access controls enable on-demand access delegation and revocation, all without sharing private keys
NuCypher allows enterprises to securely use cloud service providers. Under a bring-your-own-key (BYOK) model, private keys never leave the enterprise, providing strong security controls and ensuring data can’t be accessed without authorization under any condition. On-premise key management, instantaneous key rotation, and FIPS 140-2 compliance provide a powerful toolkit for enterprise cloud enablement.
NuCypher aims to create a platform where multiple users will be allowed to receive data on an encrypted network, each with their own particular re-encryption key allowing dApps developers secure their data on the blockchain. It will allow anyone to send safely and without any worries various types of sensitive data. The user can then grant the access to it only to a particular person of his choice. Moreover, the service also helps dApps and other projects to store their sensitive information or user's data for example, increasing the overall security. The team consists of members with great talents and most experience and the overall team evaluation is positive. The website is minimal and very fancy providing the information in simple terms. The white paper has lots of efforts put in it and it seems well planned and presented.
User ReviewWrite review 1 reviews
A decentralized key management system based on blockchain is what the projects aim to provide which I think is a great concept and would be able to gain massive investors and collect large userbase with its concept and the team behind it is collectively most experienced and has executed the project nicely until now. The website is smartly designed and provides a great user interface and the whitepaper looks thoroughly planned and I think I would invest in it.
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