The Blockchain Privacy, Security and Adoption Alliance (BPSAA) is excited to announce Conceal as its newest member. It is the 11th project to join the fast-growing BPSAA think tank.
Private Defi and Messaging
Conceal (CCX) is a privacy blockchain protocol that aims to enable users to retain their privacy while utilizing the growing industry that is Defi (Decentralized Finance). Users are able to privately deposit and stake their funds, allowing them to earn and compound interest on their CCX holdings. Utilizing the vast majority of other platforms that allow staking and interest leaves users susceptible to having outsiders monitor every transaction you make, the amount of funds you currently have, and who you transact with. Conceal solves this by using ring signatures and one-time addresses for truly anonymous payments and transactions.
In addition to private staking, Conceal has built a variety of tools and services for their users, including private messaging, bridging service, web wallet (Conceal Cloud), Conceal Pay and Conceal ID. These tools and services bring additional use cases and features to the platform that allow people to communicate, spend, and accept payments privately and securely. The development heavy team of Conceal plans to integrate their technology with the members of the BPSAA to help create interoperability and advance the privacy sector.
About the BPSAA
The BPSAA is at its core, a think tank of blockchain projects. The founding members, Pirate Chain, Turtle Network, Sentinel and Ether-1 established the alliance based on a shared desire to collaboratively improve the blockchain ecosystem. Conceal joins a great selection of exciting new members including Ergo, Komodo, Signum, BitTube, DragonChain and Handshake. In addition to the increased brain power, there are numerous mutual benefits with the new addition.
Conceal has shown that they have a massive interest in advancing the field of privacy and security, which are both core values for the BPSAA. The project’s experience in the development of privacy focused tools and services will be greatly beneficial to all members of the alliance. As an added benefit, the addition of Conceal and the rest of the BPSAA member’s social media reach continue to climb, with over 500,000 followers across all social networks. This is strengthening the united voice of the BPSAA and continually diversifies it’s capabilities, providing a bright future for not only the members of the BPSAA, but everyone involved in blockchain.
Find out more about the members of the BPSAA.