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.

origin »

Bitcoin price in Telegram @btc_price_every_hour

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


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


Xeonbit Tokens Explained In Detail

Xeonbit is one of the first private digital currencies for secure payments guaranteed to provide its holders with security and privacy features that no other network can offer. This unique project offers a top-notch blockchain that uses a special technology called “ring signatures” which shuffles users’ public keys in order to eliminate the possibility to […] The post Xeonbit Tokens Explained In Detail appeared first on NullTX.

2019-7-10 19:41


Financial security would make better, freer world says Coinbase CEO; as Zcash heads to secure its network

Post Facebook’s unveiling of its upcoming cryptocurrency project, Libra, a lot has been said and written on the privacy and security factors of these digital assets. In the light of privacy coins’ dominating the limelight this month, Coinbase Co-founder and CEO, Brian Armstrong, tweeted, “A scalable, sufficiently decentralized, chain that supported private transactions by default […] The post Financial security would make better, freer world says Coinbase CEO; as Zcash heads to secure its network appeared first on AMBCrypto.

2019-6-23 20:30


Фото:

Discovery Network Testnet Goes Live on Enigma; Launch “Secret Contracts”

Privacy startup Enigma announced on June 11, 2019, the release of the Discovery Network Testnet for developers. The startup tested the Discovery Network privately for the last three months. They have now released the code on Github to allow anyone to begin developing so-called “secret contracts,” which are similar to smart contracts with the key differenceRead MoreRead More.

2019-6-13 15:00


Neutro ICO

The Neutro Protocol solves the trilemma of scalability, security and decentralization, allows for anonymous transactions and eradicates the need for centralized oracles. Neutro users can create a decentralized version of almost any real-world market that exists now only in a centralized system that we all use currently.

2019-5-15 14:13


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

AI for Crypto Quantitative Trading: Top 7 Crypto AI Bots in 2026

Explore 7 top AI crypto trading bots in 2026 like SaintQuant, 3Commas, and Cryptohopper. Compare features, learn how AI quant trading works. Key Takeaways AI for quantitative trading uses machine The post AI for Crypto Quantitative Trading: Top 7 Crypto AI Bots in 2026 appeared first on CryptoNinjas.

$METAWIN Presale Secures $350,000 in Hours

The $METAWIN community token presale has raised $350,000 and sold out its first two tranches in less than 12 hours. The increase, which occurred in a matter of hours, is indicative of the growing demand over the past four years in a community with 440,000 wallets.