✓Privacy ✓Decentralised ✓Staking
NuCypher is a data encryption and protection layer for Ethereum (and eventually other networks) and decentralized applications (dApps) that do not rely on a central service provider.
The protocol, which the team calls a decentralized key management system (KMS), aims to give developers the ability to store, share, and manage private data on public blockchains. The project aims to provide re-encryption services to dApps by staking NU tokens on the NuCypher platform.