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GLYFF- PRIVACY FOR SMART CONTRACT

hamzatisJan 11, 2019, 2:23:59 PM
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The blockchain is one of the most important recent inventions, enabling business and individuals to instantly send money and information over the internet, without the need for trusted third parties. However, current modeling completely forgoes privacy with the whole thing of knowledge and quantities transacted between events uncovered to the general public, whilst most actual-world purposes – health, financial, internet of a thing( IoT), etc – require important points of their operations to remain undisclosed and will not be suitable with a public blockchain system.

A blockchain attracts its safety advantages from the decentralized nature of its nodes (i.E. The computers that verify transactions on the blockchain). Due to the fact that the ledger (report of transactions) is public, no one can secretly make alterations. And when a transformation is made, the opposite nodes on the approach all have to comply with the change earlier than it enters the record.

If a blockchain is public, every transaction ever recorded on the blockchain is available for any individual to look at. That doesn’t necessarily imply that anyone might be competent to determine you. Nonetheless, the very fact that a lot of expertise is available within the public domain runs against longstanding norms, chiefly within the economic, authorized, and healthcare sectors, all of which customarily have strong privateness requisites.

WHY GLYFF ?

Glyff is a decentralized platform combining the blockchain and evolved zero-knowledge cryptography with the goal of delivering privacy-keeping smart contracts and value transfers. Adding factors from trendy cryptographic breakthroughs to the Ethereum proven design, Glyff balances data privacy and transactional security with computational effectivity, finally offering a quite simply programmable, high throughput smart contract layer up to manufacturer level even as imposing the core standards of the blockchain

Glyff is constructing a subsequent-new release decentralized platform that makes it possible for comfy value transfers and smart contract execution, in complete confidentiality and with powerful correctness guarantees. Glyff, like Ethereum, allows for the progress of decentralized functions, however with a key change: the potential to conceal data from the computing nodes. This allows for builders to comprise sensitive data of their smart-contracts, instantly on-chain, without compromise on security.

Private cash transactions with the sender, receiver and quantities transferred completely hidden. Guaranteed integrity and robust anonymity residences through zero-advantage cryptography. Presents a platform for cross-enterprise deployment of blockchain science fulfilling real-world needs. Applications in Healthcare, Finance, IoT, e-Commerce, e-Governance will develop social benefit from these sectors. Without difficulty programmable smart contract system with advanced privateness facets. Cross-platform open-source wallet application and developer framework.

Glyff Benefits

Key Features

• Exclusive transactions with the sender, receiver, and portions transferred absolutely hidden.

• Assured integrity and robust anonymity properties by way of zero-potential cryptography.

• Non-specialist programmers can advance privacy-focused purposes, even without talents of cryptography.

• Allows for sensible-contract use for decentralized applications that require personal computation and cozy knowledge.

The platform is built for use across all industries in which the privacy of their or their purchasers’ information is of paramount importance. Glyff allows for such corporations to develop functions in an effort to beef up operations at the same time safeguarding sensitive knowledge as common. The enormous cost-financial savings and radical enhancements to operational pace will prove a robust incentive.

GLYFF TOKEN DETAIL

Glyff tokens will be distributed via the TGE, initial supply capped at 50,000,000 units. Token price during pre-sale 0.09 GBP (25% discount), only 6,500,000 tokens available during this phase



For further information, kindly visit the links below:

https://github.com/Glyff

https://www.facebook.com/Glyff-353989662044849/

https://linkedin.com/company/glyff

https://twitter.com/Glyff_io

https://t.me/glyffcommunity

Author by:hamzatis

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