NuLink
NuLink
STOCKHOLM, Nov. 29, 2021 (GLOBE NEWSWIRE) -- NuLink network, a decentralized solution that enables privacy-preserving applications developers to implement best practices and best-of-breed security and privacy, has raised $4 million from a number of crypto investors.
The investors are: BMW Capital, Brotherhood Investment, ChainLayer, Chateau Crypto, Coincu Ventures, CypherVenture, Exnetwork Capital, Glock Capital, Halvings Capital, Kangaroo Capital, LD Capital, MacLane Wilkison (NuCypher's Founder), Maven Capital, OIG Capital, R8 Block Capital, R-930 Capital, Regain Ventures, Stacker Ventures, Tokenova, Unanimous Capital, VYSYN Capital, X21 Digital, ZBS Capital, Insignius capital, Bluechips, CSP DAO , Moonwhale, NEWTRIBE capital.
An out-of-the-box solution
NuLink provides privacy-preserving technology for decentralized applications via APIs. Its out-of-the-box solution enables and makes it easy for developers, startups, small businesses and enterprises to use the power of the blockchain to build their own applications and still provide best-in-class security and privacy.
The NuLink platform provides endpoint encryption and cryptographic access control. Sensitive user data can be securely shared from any user platform to cloud or decentralized storage, and access to that data is granted automatically by policy in Proxy Re-Encryption or Attribute-Based Encryption.
For the data user on the other side, Zero-Knowledge Proof can be used to ensure the privacy data availability. In more advanced privacy preserving use cases, NuLink uses Fully Homomorphic Encryption to customize enterprise-level data computation services.
NuLink also provides the infrastructure for many application scenarios such as the encrypted NFTs trading market, electronic health records sharing, joint medical data analysis, decentralized digital rights management, financial encrypted data prediction, privacy-preserving social network, secure inquiry of credit history, etc.
"I'm excited to see NuLink bring NuCypher/Threshold's proxy re-encryption and other privacy-preserving technologies to smart contract platforms beyond Ethereum," said NuCypher founder MacLane Wilkison. "Cross-chain interoperability is both one of the hardest technical problems and alluring siren calls in the blockchain space. The NuLink team is well-positioned to execute on making this dream a reality, and I'm happy to support them in that quest."
Martin Tang, founder of Cypher Ventures, said he was optimistic about NuLink's potential. "We can see in the near future that there will be a huge amount of use scenarios waiting to be explored by the NuLink team," said Tang.