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Panther Protocol and StackOS Partner to Bring Privacy to DeFi and NFTs – Press Release Bitcoin News

Press release. Panther Protocol has joined with StackOS, a decentralized cloud protocol, to provide privacy and data protection tools.

As a meta-protocol focused on end-to-end privacy for any digital asset, Panther has Of great interest to almost all DeFi users wishing to take advantage of personal financial data. Secure and confidential cryptocurrency transactions. Panther zAssets are a 1:1 backed representation of the underlying assets they represent, giving users all the benefits of private transactions in this emerging asset type.

Under the partnership agreement, Panther Protocol’s DeFi privacy services will be deployed on StackOS’s decentralized cloud. This is easily done in minutes through an easy-to-use interface once the applications are containerized. Applications running on StackOS become unstoppable and more secure as the infrastructure is being maintained automatically, resulting in the elimination of DevOps costs.

Oliver Gale, CEO and co-founder of Panther Protocol, commented:

“We are delighted to partner with StackOS and its innovative platform. StackOS is a leader in containerized deployment of applications. This partnership will help advance privacy and data protection tools.”

StackOS.io is a decentralized cloud protocol on which full-stack applications can be deployed anonymously and securely. With the privacy-enhancing digital assets fully collateralized with the Panther protocol, both platforms can leverage each other’s technologies, making StackOS users completely anonymous and making Panther’s services unstoppable.

Vishnu Korde, CEO and Chief Architect of StackOS, says:

“Currently every payment on the platform is public via the Ethereum chain with the $STACK token. Transactions will now be made private with Panther’s technology, making payments for cloud resources and apps in the App Store completely anonymous. Will be done. We welcome this great pairing of our technologies to deliver real benefits for both users.”

Stacko will soon be introducing NFTs on its platform. Currently, NFTs are public as they are on the public ETH chain, but StackOS will use Panther’s service to encrypt NFT data, making NFT interactions private within the StackOS platform.

About Panther Protocol

The Panther Protocol is an end-to-end privacy protocol for DeFi. Panther DeFi offers users a fully collateralized privacy-enhancing digital asset, leveraging crypto-economic incentives and zkSNARKs technology. Users can mine zero-knowledge zAssets from any blockchain by depositing digital assets into the Panther Vault. zAssets will become an ever-expanding asset class for users who want their transactions and strategies as usual: private.

Stay Connected: Wire | Twitter | linkedin | Website | medium | blog

About StackOS

StackOS is a cross-chain open protocol that allows individuals and organizations to share their computing resources and collectively provide a decentralized cloud; Where developers around the world can deploy any full-stack application, decentralized app, blockchain private net and mainnet nodes.

It aims to provide the world with “The Unstoppable Infrastructure Protocol”, which will allow anyone worldwide to deploy their application and run any application independently without incurring huge cloud management costs. StackOS furthermore intends to help brick and mortar businesses across the world, to go online cost-effectively and securely with minimal technical overhead.

StackOS has already gained huge initial traction from the market and is soon preparing to launch its native Stack Token on the mainnet for the use and governance of the general public.

Twitter | Wire | demo video | explainer videos | Website | Apply (Early Access)

This is a press release. Readers should do their due diligence before taking any action regarding the Promoted Company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

image credit: Shutterstock, Pixabay, WikiCommons

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