NuCypher (NKMS)

NuCypher is a decentralized key management system (KMS) for public blockchains. NuCypher KMS will help dApp developers secure their data on the blockchain with decentralized proxy re-encryption as a service.

Whitepaper

Important By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

Interest lvl

High

Updated: Jul 16, 2021

Learn more about our rating

User Rating

Medium

3/5 • 1 votes

Claim your project

Ticker

NKMS

Launchpads

Coinlist

What is NuCypher

NuCypher integrates with big data platforms like Hadoop and Kafka to help enterprise clients shield their data from unauthorized access, share data between organizations, and securely store and process data in the cloud.

NuCypher KMS can be interfaced from a traditional, centralized application. If there is no library client available, there could be a local API server, similar to how geth is used to interact with the Ethereum network.

Low-level functionality on NuCypher allows encrypting and delegating access to binary secrets (such as database credentials) or groups of these secrets without storing them in individual files. When working with files, each file and each directory is encrypted under its secret key.

NuCypher gives the data owner full control of their data. Fine-grained, cryptographic access controls enable on-demand access delegation and revocation, without sharing private keys.

NuCypher allows enterprises to securely use cloud service providers. Under a bring-your-own-key (BYOK) model, private keys never leave the enterprise, providing security controls and ensuring data can’t be accessed without authorization under any condition.