The post An Interview With Panther Protocol appeared on BitcoinEthereumNews.com.

In an exclusive interview with BitcoinWorld, We got a chance to interact with  Dr. Anish Mohammed, Co Founder of Panther Protocol, In this interview we ask some basic questions about Panther Protocol & how its shaping the Web3 Ecosystem, Here his response :    In simple terms what is Panther Protocol is all about & Why its been needed? Panther Protocol is a confidentiality-focused infrastructure being developed for regulated financial market operators. It will address the issue of pseudonymous blockchains, where transaction data is public and immutable, exposing users to risks such as strategy theft, front-running, MEV bots, and privacy breaches. Panther aims to solve this by using advanced cryptographic techniques, including  Zero-Knowledge proofs (ZK Proofs),  enabling the creation of privacy-enhanced tokens (zAssets), which will be fully collateralized, shielded versions of tokens interoperable with DeFi applications. These innovations are intended to provide licensed DeFi financial service providers with the necessary infrastructure to provide their clients with secure and confidential transactions and the ability to prove critical information for regulatory purposes. Panther Protocol addresses privacy concerns in financial markets. Can you explain the main risks associated with public and pseudonymous blockchains, and how Panther mitigates these risks for financial service providers? Public and pseudonymous blockchains, while transparent, expose users to risks such as competitors observing trading strategies, front-running, and exploitation by MEV bots, which manipulate transaction sequences for profit. These vulnerabilities can severely affect financial service providers and their clients by compromising their strategies and data security. Panther Protocol mitigates these risks through advanced cryptographic techniques, particularly ZK Proofs, which allow for private transactions that remain compliant with regulatory standards. When launched, zAssets will enable financial service providers to engage in on-chain finance while preserving their clients’ transaction data confidential. This will include assessing liquidity through top DEXs, swaps, staking, and more,…

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Filed under: News - @ October 10, 2024 7:26 am