NuCypher is a security and encryption platform for distributed systems, including blockchain, big data, cloud, and internet of things. The company's core technology, proxy re-encryption is a type of public-key encryption that allows a proxy entity to transform ciphertexts from one public key to another, without learning anything about the underlying message. It is a means of securely delegating access to encrypted information, via the construction of cryptographically-enforced access controls.
Similar to privacy layers like Enigma, NuCypher provides proxy re-encryption for distributed data networks, bringing private data to public blockchains and facilitating secure data sharing between enterprises.
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