NuCypher KMS is a decentralized Key Management System (KMS) that addresses the limitations of using consensus networks to securely store and manipulate private, encrypted data. It provides encryption and cryptographic access control, performed by a decentralized network, leveraging proxy re-encryption. Unlike centralized KMS as a service solutions, it doesn’t require trusting a service provider. NuCypher KMS enables sharing of sensitive data for both decentralized and centralized applications, providing security infrastructure for applications from healthcare to identity management to decentralized content marketplaces. NuCypher KMS will be an essential part of decentralized applications, just as SSL/TLS is an essential part of every secure web application.
NuCypher is excited to announce the open source availability of NuCypher Kafka, a cryptosystem for granular, end-to-end encrypted message queues and streams. This release brings enterprise-grade security and PCI and HIPAA-compliance to the Kafka ecosystem, a key requirement for financial services, healthcare, and industrial IoT use cases.
The NuCypher cryptosystem relies on proxy re-encryption (PRE), a type of public-key encryption that allows a proxy entity to transform ciphertexts from one public key to another, without learning anything about the underlying message. PRE can be thought of as an improved, scalable PKI or multi-party TLS. Whereas traditional PKI is designed for 1-to-1 encrypted communication, PRE delivers similar security and performance guarantees for N-to-N encrypted communication. In our open source version, we use ElGamal on elliptic prime curves for encrypting and decrypting messages, and a variant of BBS98 for the re-encryption. In our commercial offering we have proxy re-encryption for ECIES.
The basic architecture of NuCypher Kafka is shown below. For simplicity, we assume one broker and one channel, although it’s trivial to expand to multiple brokers and channels.
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NuCypher - I liked. I did check out their team, I liked the team, but I think the ICO was already sold out.
30-Mar:
Ivan: NuCypher is a top project, we are trying to participate. They are connected to Bluzelle, and the project is backed by a solid team.
Bruce: But they have 2 years lock period.
16-Apr:
What are the candidates for very high interest:
Bruce: NKN
Andrey: NKN
Sergey: DFINITY
Alexey: NKN, DFINITY, HashGraph, NuCypher
Ivan:NKN, Nucypher and Pchain
Has the hype, masternodes and ico is during main net launch.One of the rare icos that choose to launch tokens along with main net. Looking forward to it
We are glad to put NuCypher 9 out of 10. During token sale you will buy already finished product and could take fair stake income. We expect both short-term and long-term growth from NuCypher because of a solid list of their partners and technology advantage. As far as we know, the hard cap will be less than $25M. We did not find any serious dangers, no matter how hard we try. Probably, NuCypher is the best project that you can find on this market now.
NuCypher bring to the table an indispensible component of the decentralized economy. The value added to projects by streamlining the use of encryption services is evident from the number of partners already onboard at this early stage.
While the team has yet to provide the community a roadmap or outline of scaling strategies, the level of transparency and progress to date certainly plays to their favor.
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