Editors Note: This article comes fromChain News ChainNews (ID: chainnewscom), published with permission.
Editors Note: This article comes from
Chain News ChainNews (ID: chainnewscom)
Chain News ChainNews (ID: chainnewscom)
, published with permission.
Mentioning NuCypher seems a bit unfamiliar to many Chinese investors, but when it comes to Curve, DeFi farmers must know it. In fact, Curve was founded in 2020 by Michael Egorov, NuCyphers CTO and co-founder.
Although the popularity of NuCypher in China is not high, it still has a certain popularity in the West. In February 2019, Bloomberg columnist Aaron Brown pointed out that we should focus on four middleware projects that will be launched on the mainnet in 2019: Cosmos, Nervos, NuCypher, and Polkadot.
Founded in 2015, NuCypher was the first to provide sensitive data encryption services for medical and financial institutions. After a good response, it cooperated with a number of banks to develop encryption software;
In 2016, it received an investment of 750,000 US dollars from Y Combinator, and then carried out a decentralized design on the infrastructure and launched the native token NU;
Raised $4.4 million through ICO in 2017;
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NuCypher Network Milestoneshttps://status.nucypher.network/
NuCypher is a decentralized threshold encryption service network based on the second layer of Ethereum. It provides a set of interfaces and operating environments for threshold encryption operations, as well as economic incentives to ensure that PoS (Proof of Stake) network nodes behave correctly. It is not difficult to see that the core competitiveness of NuCypher lies in the precipitation of cryptographic technologies such as proxy re-encryption PRE, fully homomorphic encryption NuFHE, and end-to-end encryption database ZeroDB.
The background of encryption services made NuCypher’s early ecological partners mainly focus on data privacy-focused fields such as medical care and finance, and then NuCypher focused on the construction of PoS network and pledge Staking ecology.
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Real-time status of NuCypher network, source:
Obviously, NuCyphers strong technical and academic background has further enhanced its project characteristics, and it has also been able to increase the diversification of pledge nodes, enhance cooperation with university research, and attract skilled participants to the blockchain and PoS fields. The cooperative schools include Arizona State University, Columbia University, Seoul National University, Stevenson Institute of Technology, University of California, Berkeley, University College London, University of Malaga, University of Novi Sad, University of Waterloo.
Although there has been no comprehensive announcement of ecological cooperation in the past two years, NuCypher has also launched products and cooperation at the application level. For example, it recently cooperated with Creaton, a decentralized content sharing platform, to provide proxy re-encryption (PRE) and decentralized node networks. , and help it improve and develop application functions. The head of NuCypher China also told Lianwen that the team is preparing the latest ecological map. From recent trends, it can be speculated that NuCypher may announce more application-level ecological projects.
In March 2019, NuCypher and CoinList held a hackathon, offering a prize of 25,000 US dollars. The projects that have been launched include paid blog Stridon, encrypted social network Snowden, and encrypted cloud storage NuBox.
Privacy has been an important track that has attracted much attention in the blockchain field for many years. Although NuCypher has not announced the latest ecological map, we can also see which projects NuCypher has established cooperation with through its ecological projects released two years ago , to understand their strength and status quo, and what changes have taken place.image description
Ecological project announced by NuCypher in August 2018
Decentralized application field
Medical and Biotechnology Data Platform
MediBloc is a blockchain-based personal healthcare information ecosystem from South Korea. It achieves complete information authority control and decentralized storage through zero-knowledge proxy re-encryption and IPFS. Investors include Naver D2 Startup Factory, Samsung Medical Center, etc.
Medixain is a blockchain-based medical architecture, and users can access medical information and data within the architecture. Simon Schwerin, chief executive and co-founder of the project, whose website is no longer available, is now a partner at Berlin-based internet consultancy iconomy.
PointNurse is a Nashville-based virtual care coordination and telehealth company that provides end-to-end urgent, primary and chronic care solutions globally.
IKU Network is a decentralized research organization DRO that focuses on biological research and development. It has cooperated with MakerDAO to use the stable currency DAI in the network, but the project has stopped updating since 2019.
Emblem Vault is currently a product that synthesizes different blockchain tokens into one token. It is also a tradable DeFi pool. COVAL based on this product is an encrypted token transaction protocol with tradable value.
CarBlock is a decentralized traffic data protocol, the goal is to ensure that car owners 100% control their own data through data encryption and blockchain technology, and use the blockchain-based data market to realize data transactions, allowing users to realize valuable data .
location data
Dataeum is a blockchain-based crowdsourcing data generation platform, the goal is to collect real-world physical data, and the project has completed collection trials in Paris, Barcelona and London.genetic data
Doctor Chain has stopped updating in 2018, and its founder is Zeng Jianhua, founder of Wuhan Huatide Biotechnology Co., Ltd.
Medical Data Agreement
Iryo Network is a Slovenia-based open healthcare protocol that encrypts medical data through zero-knowledge proof technology and provides OpenEHR medical prototype and private key management services.
HealthDex is a decentralized health data exchange (DEX), which provides a market for health data suppliers, brokers, consumers, and simplifies brokerage. Currently the project has stopped updating.
Bluzelle, a decentralized data storage network, recently announced that it will launch its mainnet on February 3 and will integrate with Polkadot. Investors include Hashed, NGC, Kenetic, 1kx, etc.
Wolk was originally a decentralized database service based on the Ethereum Swarm platform. Currently, it provides a physical tracking and positioning product OPEN Set, which helps film and television production companies manage the health and safety of staff under the new crown epidemic through a combination of software and hardware.
User Data Monetization
Headquartered in the Philippines, Swipe is a platform that supports multi-asset digital wallets and Visa debit cards for purchasing and trading encrypted assets. In July 2020, Binance announced the completion of the acquisition of encryption startup Swipe.
internet of things
