Oasis will collaborate with BMW Group to build ‘differential privacy’
The initiative wants to set clear boundaries for the personal data accessed by third parties. Oasis Labs, the commercial venture closely related to the Oasis Protocol blockchain, announced a new data privacy project built in collaboration with BMW Group.Announced on Wednesday, the collaboration between the two companies aims to build a new method of accessing personal data that would place clear restrictions on what information can be obtained and how.Oasis refers to this constrained approach as “differential privacy.” It’s an attempt to provide guarantees that aggregated data cannot be....
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Apple is taking an unusual stance on privacy. The company has no plans to collaborate with law enforcement on decrypting their own devices, though. Instead, the technology giant will focus on differential privacy, to compete with Google and Facebook. Apple has been making media headlines regarding privacy in the past few months. Ever since the San Bernardino case, the company has been adamantly clear on its position. CEO Tim Cook stated how Apple will not weaken device encryption because law enforcement agencies feel they need to. After all, the company is primarily in the business of....
Oasis Labs, creator of Oasis Protocol, appears to be looking to build an institution-friendly version of Ethereum's DeFi ecosystem.
The funds are earmarked for DeFi, NFT, tokenization and metaverse projects that are building on the Oasis Network. Developer group Oasis Foundation has launched a $160 million ecosystem fund to bootstrap promising projects building on top of Oasis Network, a privacy-enabled blockchain with a focus on decentralized finance (DeFi) and the so-called data economy.The fund was established to attract new developers to the Oasis Network so that they can build the next generation of decentralized applications that support DeFi, nonfungible tokens, data tokenization and the metaverse, Oasis....
Anonymous cryptocurrency Monero has jumped in value over the past couple of months. More recently though, the price has declined from its highs as the community experienced unexpected rumors. Throughout this, Monero has remained a valued asset with the sixth–highest market capitalization. It also continues to have significant trading volume. The Oasis....
ROSE price is on the rise thanks to a $160 million ecosystem fund that helped facilitate the launch of the first DeFi and NFT projects on Oasis Network. High transaction costs have been a thorn in the side of the top blockchain protocols for years as both Bitcoin (BTC) and Ethereum (ETH) have seen the average cost of conducting token transfers skyrocket during times of network congestion and high demand. One layer-one (L1) protocol that has been gaining traction in recent months that seeks to offer a low-cost solution to high fees is the Oasis Network (ROSE), a privacy-focused L1....