About NuCypher (NU)
NuCypher is a blockchain-powered software ecosystem that operates on the Ethereum network. Designed to add an additional privacy and security layer to public blockchain networks, NuCypher aims to provide developers and users with the ability to store, manage, and share private data through an interoperable decentralized network.
NuCypher has two primary functions: secret management, which allows users to store passwords, private keys, and other sensitive data, and dynamic access control, which can be used to establish grant access to sensitive data for decentralized applications (dApps).
The NuCypher platform exists across multiple protocols and makes it possible to share private data on blockchain networks securely, removing the need for contemporary private network solutions such as VPNs. This also supports applications and use cases within industries that include medical data management or banking. NuCypher price is updated and available in real-time on Binance.
