Crypto4BC

Advanced Cryptography for Blockchain Applications

Partnership with NuCypher Inc.
Duration: 18/09/2017 to 17/09/2019
Website: http://www.nucypher.com/blockchain

Project Overview: 

NICS Labs is associated with NuCypher, a company based in Silicon Valley, for the development of a decentralized key management system based on Ethereum, that offers cryptographically-enforced access control services. This system operates in a decentralized way and uses advanced cryptographic techniques developed by NICS, such as proxy re-encryption, threshold cryptography and zero-knowledge proofs, that securely embed access control functionality at the encryption level. The ultimate goal of this project is to create a basic infrastructure for the development of secure DApps (decentralized applications), which in turn will lead to numerous applications in many fields, such as fintech, identity management, and DRM.