Panther Protocol and Kudelski Security join forces to accelerate privacy tech in the UK

The project is partnering with a long-established cybersecurity to develop privacy solutions for Web3.

The privacy-oriented blockchain project Panther Protocol has announced a new partnership with Kudelski Security, and a provider of cybersecurity since 1951, to develop a privacy layer for Web3 and DeFi. The partnership aims to strike the balance between decentralization and privacy control.

Panther Protocol, Kudelski Security Join Forces to Develop Privacy Solutions for DeFi

Panther Protocol, the end-to-end privacy solution building the privacy layer for Web3 and Decentralized Finance, and Kudelski Security, the leading provider of comprehensive cybersecurity solutions to large enterprise and public-sector clients around the world, are thrilled to announce an exciting partnership agreement between the companies.

As the newest extension of Kudelski’s partner ecosystem, Panther aims to deliver increased privacy enablement as Kudelski moves forward with the delivery of data-driven solutions within the U.S. and the U.K.

One of the core tenets of the Kudelski ecosystem has always been secret management within chips, root of trust (RoT), protection of digital artifacts, and ensuring the safety of our customers.

The partnership extends Kudelski’s partner network into the blockchain ecosystem as Panther’s privacy-preserving protocol accelerates their ability to bring data marketplace, data monetization, and DeFi-enabled ecosystems more quickly to market and to offer more advanced service and build capabilities.

“Our first expansion of these concepts will be into the UK market where we will work with Panther to unlock value within data inside the UK economy,” said Scott Carlson, Head of Blockchain Center of Excellence.

Dr. Anish Mohammed, co-founder and CTO of Panther, said about the partnership:

“Kudelski is a global heavyweight in cyber-security services with clients in the enterprise, government and blockchain arenas. We believe this partnership provides both Panther and Kudelski with a once-in-a-generation opportunity to create best-in-class use cases and technologies for data protection and privacy.”

Said Oliver Gale, co-founder and CEO at Panther:

“As we develop this relationship, expect some thought leadership pieces as well as some exciting technology advancements as we explore new architectural directions in wallets, key management, and scalable privacy solutions that bridge legacy systems with the new paradigms being created in Blockchain.”

Panther’s mission is to accelerate the development of DeFi and Web3 ecosystems while restoring privacy in these environments. It envisions a future where individuals not only benefit from the ability of distributed technologies to provide fairer digital transaction systems to everyone, but may do so with the ultimate confidence that their privacy is maintained. Panther believes the combination of decentralization and full control over privacy is the pinnacle of digital empowerment, and that privacy-enhancing technologies will open the floodgates for mainstream adoption of decentralized applications.

Kudelski Security is an innovative provider of intelligent, tailored cybersecurity solutions to a growing base of global enterprises and public sector institutions. Founded in 1951, and with thousands of patents worldwide, it leverages a rich heritage of innovation that drives the development of its offerings and provides the platform to create and deliver solutions to the world’s toughest cybersecurity challenges.

Panther is an end-to-end privacy protocol connecting blockchains to restore privacy in Web3 and DeFi while providing enterprise financial institutions and fintechs alike with a clear path to participate in digital asset markets.

Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARKs technology. Users can mint zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. zAssets flow across blockchains via a privacy-first interchain DEX.

For more information about Kudelski, visit their website here.

For more information about Panther, visit their website.

Stay connected with Panther through their social channels:
Telegram | Twitter | Medium | LinkedIn | Website |

For more information, contact Gabriella Baer at [email protected]

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Source: cryptobriefing.com