Nucypher is an online currency platform that offers decentralized proxy re-encryption as a service. The company was founded in 2015 by MacLane Wilkison and Michael Egorov, and is headquartered in San Francisco, California. It leverages the advantages of proxy re-encryption to deliver private data to public blockchains. It also enterprise solution that enables businesses to leverage the power of distributed computing.
On December 12, 2017 NuCypher closed their venture round with $4.4 in funding from Polychain, Semantic Ventures, Satoshi Fund, Nima Capital, Mission and Market, Hashed, Galaxy Investment Partners, FBG Capital, Compound, and CoinFund.
NuCypher KMS: Decentralized Key Management System
Michael Egorov, MacLane Wilkison
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- BlockchainA blockchain is an append-only digital ledger storing a set of time-ordered transactions grouped in blocks that are linked together using cryptographic hashes.
- CompanyA company, abbreviated 'co.', is a legal entity made up of an association of people, be they natural, legal, or a mixture of both, for carrying on a commercial or industrial enterprise.