Gibraltar, Gibraltar, April 2, 2024, Chainwire

Anish Mohammed, Co-Founder, CTO, and Chief Scientist at Panther Protocol, not too long ago joined Meher Roy on the Epicenter Podcast. They talk about Anish's method to cryptocurrencies, the origins of the Panther protocol, how Panther protects consumer privateness, what is going to occur with the mainnet launch, and enabling privateness and compliance within the DeFi house. We talked in regards to the mission.

Who’s Anish Mohammed?

Anish Mohammed's foray into the world of expertise started at Ericsson (BS:), the place he developed fee methods and have become acquainted with cryptography. All through his 20-year profession in safety and cryptography, he has designed and audited varied blockchain protocols and suggested on main his Web3 tasks. He beforehand served as lead architect at HSBC and Lloyds Banking Group (LON:), and held strategic roles at Accenture (NYSE:) and Capgemini. 4 years in the past, Anish and Oliver Gale launched into a journey to create Panther Protocol, a zero-knowledge cross-protocol layer to guard consumer information and facilitate compliant DeFi entry.

The necessity to shield privateness and obtain compliance

The Panther Protocol addresses a essential hole in present blockchain expertise the place a public ledger evaluates and exposes all transactions and sensible contract interactions. This lack of privateness can drawback high-performing buyers and has a major influence on high-volume merchants and firms who wish to shield the insights and benefits (or alpha) they glean from their buying and selling methods. might give. Not like many “darkish” swimming pools and privateness chains that lack transparency and sophisticated regulatory compliance, Panther not solely gives her DeFi customers with entry to privacy-preserving protocols, but additionally permits them to partially or privately share their transaction historical past. We additionally help you disclose your data to anybody you select. Allow compliance throughout the board at will. For instance, it’s possible you’ll disclose sure data to tax or regulatory authorities as required by your jurisdiction. Panther makes use of his Zero-Information proof-enabled KYC checks to stop malicious attackers from utilizing this protocol.

Defending privateness throughout data disclosure

Though the Panther protocol permits customers to reveal transactions if desired, Panther takes steps to make sure that there may be all the time adequate general quantity to successfully masks non-disclosure transactions. Masu.

One of many key components to realize that is by community individuals who obtain rewards for staking property to generate further transactions and enhance the liquidity pool. Within the course of, the privateness of personal transactions is protected.

The significance of shielded swimming pools in the way forward for DeFi

Sealed swimming pools are on the coronary heart of the Panther protocol, offering a privacy-centric answer for DeFi transactions. These swimming pools are supported by superior cryptographic methods resembling zk-SNARK, permitting customers to conduct transactions whereas retaining the choice to reveal data for compliance functions. Sealed Swimming pools (NASDAQ:) is essential to the protocol, permitting customers to work together with their DeFi functions privately and securely.

For extra data on sealed swimming pools, together with the intricacies of zones and zone managers, see Panther's weblog on sealed swimming pools.

What does the Panther mainnet beta launch embrace?

Anish Mohammed launched a number of the options that protocol individuals can count on from the upcoming Mainnet beta product.

• Register for a z account. The zAccount is a consumer's non-public ID and is the entry level to Panther that complies with KYC protocols and makes use of zero-knowledge proofs.
• Privateness Staking Reward Mechanism: Panther incentivizes community individuals to boost the pool's transaction set and liquidity by staking their property.
• Interzone transactions and communication: Change of property and data between totally different zones in Panther.
• Withdrawal: An motion that converts zAssets into normal tokens and transfers them.
• Primary Disclosure: Customers can reveal particulars of transactions made inside Panther to allow compliance and verification.
• Superior Disclosure: Offers customers with the flexibility to selectively disclose sure elements of their transactions, offering privateness and compliance flexibility.
• z Account Updates: We usually confirm and replace customers' KYC data to make sure continued compliance and integrity of z Accounts.
• DeFi Swap Adapter: A instrument that integrates Panther with exterior DeFi platforms to facilitate non-public and compliant swaps and different transactions.
• zTrade: Zero Information Commerce with different customers in the identical zone.

Panther Protocol, underneath the management of co-founder Anish Mohammed, is on the forefront of addressing this problem. Panther is setting a brand new normal for privateness safety and compliance in DeFi by pioneering sealed swimming pools and facilitating the position of zone managers. Panther Protocol’s modern method protects customers’ information and paves the best way for institutional participation within the DeFi ecosystem. As Panther strikes in direction of its subsequent stage of growth, the decision for testers will enable the group to contribute to a extra non-public and compliant future for his DeFi.

Panther invitations customers to hitch the trouble to form a balanced world the place privateness and compliance coexist, permitting customers and establishments to navigate the DeFi atmosphere securely and transparently.

About panther

Panther is a cross-protocol layer that makes use of zero-knowledge expertise to construct DeFi options geared toward assembly ever-evolving regulatory requirements whereas assembly customers' on-chain information privateness wants. Panther’s aim is to allow seamless entry to DeFi by the cross-chain supported ZK compliance protocol. The Panther protocol presents confidentiality of complete transactions in shielded swimming pools, zSwap for DeFi integration that permits non-public swaps on third-party DEXs, and zTrade for inside OTC books for privately buying and selling property. Presents. Moreover, the Panther protocol's zero-knowledge primitives will be generalized to KYC, trusted get together selective disclosure, non-public identification, voting, and information verification providers.

Disclaimer: Panther doesn’t suggest that readers take part in crypto-asset buying and selling actions. Moreover, customers or potential customers of the Protocol mustn’t take into account this message or its contents to comprise any type of advice, invitation, or inducement concerning the buying and selling of cryptoassets. As a result of potential for loss, regulators take into account this asset class to be excessive danger.

contactHead of Product Advertising and marketingManwendra Mishrapanther protocol[email protected]

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