Panther protocol revolutionizes blockchain privacy for DeFi and Web3 merchants


NEW YORK, September 24, 2021 / PRNewswire / – Panther Protocol (www.pantherprotocol.io) which leads the race to enable interoperable blockchain privacy for decentralized finance (DeFi) and the open web, announces a new fintech platform offering a cross-chain and end-to-end solution to protect privacy on the blockchain .

Transactional privacy is in high demand as it allows retailers, whales and institutional users to protect their competitive advantages from surveillance and economic espionage. Using the new platform, DeFi traders and investors will be able to prevent opponents from reverse engineering and launching their strategies. Since traders lose their dominance over DeFi very quickly, Panther’s solution lays the groundwork for institutional players to enter DeFi without having to worry about privacy and compliance, two factors that prevent institutions from taking decisions. important measures to gain exposure to decentralized finance.

Currently, Panther relies on public blockchains such as Ethereum, Polygon, Flare, Near and Avalanche with the ambition to privately connect all EVM-enabled smart contract platforms and become the private and scalable infrastructure for the Internet. blockchains.

Panther Protocol differentiates itself by providing a balance of privacy and compliance that gives users the choice to transact privately, while also being able to voluntarily disclose transactional data with selected counterparties and trusted vendors. It also offers a new type of financial disclosures called Zero Knowledge Disclosures, where users can prove they are compliant without having to provide any underlying data. This technology could disrupt the compliance industry and end the data breach nightmares that plague modern societies and cost institutions billions of dollars every year. This is a critical feature for financial institutions, providing a compliance-ready approach to entering the DeFi space without losing sight of the privacy preferences of financial service end users.

“The vision to enable anyone, anywhere, to privately access safe and reliable financial services regardless of nationality, age, race or gender is a major driving force for Panther . As the crypto industry prepares to integrate the first billion users of decentralized finance (and beyond), a privacy-focused philosophy for the development of Web3 and DeFi technologies is essential. ” noted Olivier Gale, co-founder and CEO of Panther Protocol. “By using the Panther protocol, DeFi traders and investors will for the first time be empowered to stay in control of their strategies and prevent their competitors from capitalizing on their hard work. Panther believes all code should be open, while data should be private.

To learn more about Panther and his quest to create the privacy layer for the decentralized web, visit https://pantherprotocol.io/.

About the Panther protocol:
Panther Protocol is an end-to-end privacy protocol for DeFi. Panther provides DeFi users with fully secured digital assets enhancing privacy, leveraging crypto-economic incentives and zkSNARKs technology. Users can create zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. zAssets will become an ever-expanding asset class for users who want their transactions and strategies to be as they always should have been: private. For more information visit https://pantherprotocol.io/

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http://www.pantherprotocol.io


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