NEAR taps Nym for metadata privacy, encryption services
Layer 1 blockchain NEAR will integrate Nym Technologies’ data privacy and encryption services for users and DApps operating across its ecosystem. Layer 1 protocol NEAR has tapped blockchain security firm Nym to provide end-to-end encryption and metadata privacy services for its ecosystem. Nym, which provides blockchain agnostic ‘layer 0’ privacy infrastructure, will avail its mixnet tools to encrypt and cloak blockchain traffic and communication across the NEAR Protocol ecosystem. Masking off-chain metadata traffic will protect transaction data during communication and create a barrier for malicious actors looking to de-anonymize users through access to IP addresses. Related: Cricket World Cup to feature Web3 fan app as ICC taps into NEAR blockchain An announcement from the collaborating projects notes that NEAR users will be able to access ecosystem decentralized applications (DApps), DeFi protocols and NFTs with added security and privacy . Nym’s integration aims to provide ad...