A proxy server and a VPN operate similarly, except when it comes to encryption. Here’s everything you need to know about the ...

While proxy re-encryption is an existing area of cryptography, applying it to big data is what’s novel here, according to Wilkison, who says the tech has mostly been used in academia thus far.

Proxy re-encryption is a cryptographic technology that re-encrypts ciphertext without decrypting it, enabling only a service provider designated by the user to decrypt the data (Fig. 2).

NuCypher, an encryption startup, has raised $10.7 million in a simple agreement for future tokens (SAFT) led by Polychain Capital. Marking the occasion, the company launched its public testnet.