Neo goes incognito: privacy for Neo’s smart economy

Dec 6, 2019 – Today, Neo and Incognito announced their intention to collaboratively enhance privacy for the growing Neo ecosystem. By building a trustless privacy bridge between the Neo and Incognito blockchains, Neo will soon be able to empower it’s 2,000,000 users with untraceability and enhanced privacy.

As blockchain innovation and usage accelerates, privacy is a more pressing concern than ever. Leveraging their respective leading strengths, Neo and Incognito will build a Neo-Incognito bridge to enable complete privacy for all NEO and NEP5 transactions. Users will be able to obscure the senders, receivers, balances, amounts and timestamps of any transaction. In addition, any and all Neo projects will be able to easily implement Incognito’s comprehensive onchain privacy features moving forward.

“Neo is a market leader – in more ways than one,” said Duy Huynh, project lead of Incognito.  “They continually demonstrate a keen long-term vision, and have considerable say in how the industry as a whole will evolve. Thanks in no small part to their own efforts, Neo’s ‘smart economy’ is already here. Now, we both agree that the biggest threat facing our increasingly tokenized world is a troubling lack of privacy – and we’re excited to tackle it together.

Speaking on this partnership, Da Hongfei, Founder of Neo, noted that, “Privacy and user security are crucial for the next-gen Internet, and we’re delighted to partner with Incognito to deliver enhanced solutions. Our users and developers have always been at our core, and I am confident that this partnership will open up new and exciting possibilities for all. Hand-in-hand with Incognito, I am glad that we are building the foundation for next-gen Internet and the smart economy of the future.”

Auditable confidentiality.

Where needed, audit access can be given through the use of a read-only key. Parties who have been granted the read-only key by users will have access to view wallet balances. This feature will allow users to comply with regulations in their jurisdictions. With the read-only key, users will be able to submit their balance details to the relevant parties for taxation, regulatory and commercial purposes.

 

About Neo

Neo is an open-source platform driven by the community. It utilizes blockchain technology and digital identities to digitize and automate the management of assets using smart contracts. Using a distributed network, it aims to create a smart economy by building infrastructures of the next-gen Internet and creating a solid foundation for mass blockchain adoption.

 

Website: https://neo.org/
Telegram: https://t.me/Neo_Blockchain

About Incognito

Incognito is an open-source project devoted to tackling the crypto world’s privacy problem. It is a decentralized platform for privacy tokens, powered by its own proof-of-stake sidechain that can attach to other blockchains to confidentially transfer crypto assets.

Incognito utilizes zero-knowledge proofs optimized for mobile and achieves near-instant transaction speeds through state sharding.

 

Website: https://incognito.org/
Telegram: https://t.me/incognitonode

Newsletter #2: November highlights

Dear friends,

Hi! I’m Andrey. I handle biz and outreach at Incognito. It’s been awesome getting to know some of you guys a little better over the past few months.

This week, I wanted to share a quick recap of November – it’s been hectic, to say the least – in the best possible way!

Since the mainnet launch, here are the highlights:

Continue reading Newsletter #2: November highlights

Better e-commerce: anonymous payments with BUSD

Binance’s fully regulated USD stablecoin, BUSD, seamlessly integrates crypto into world commerce, loans, payments and more.

Starting the week of Cyber Monday, BUSD holders will unlock major savings when they shop on Autonomous, a beloved e-commerce retailer of smart gadgets and workplace products.

It’s classic crypto-commerce… with an important twist.

In conjunction with privacy blockchain Incognito, Autonomous customers will be able to choose privacy BUSD (pBUSD) as a payment option. Any BUSD holder will be able to seamlessly convert their BUSD to pBUSD via the Incognito Wallet, to take advantage of the very first privacy-focused crypto-commerce experience.

Continue reading Better e-commerce: anonymous payments with BUSD

Cyber Monday Special: Pay Incognito on Autonomous

In the wake of today’s privacy concerns, e-commerce startup Autonomous is glad to integrate ‘Pay Incognito’ as one of its payment methods. Pay Incognito will kick off on the week of Cyber Monday for shipping addresses in US.

 

As a different, privacy-protecting alternative to traditional payment options such as Paypal or Amazon Pay, buyers will be able to purchase smart devices and workspace products completely anonymously with untraceable crypto.

Buyers opting to Pay Incognito will unlock exclusive $99 deals, and qualify for further discounts on top of other purchases.

Continue reading Cyber Monday Special: Pay Incognito on Autonomous

Newsletter kick off: what’s on this week

Welcome to the very first issue of the Incognito newsletter: short and sweet notes containing announcements, updates and reading recommendations.

There’s always so much going on in so many different channels, so we wanted you to have a place to keep track of it all. We’ll be publishing these every week on the blog – leave us your email address on the left, and we’ll send them directly to your inbox.

1. pDEX is officially LIVE! The first pairs are pBTC/PRV, pBTC/pUSDT, and pUSDT/PRV. Just tap the little pDEX icon at the bottom of your screen to get started – make sure you have the latest version of the Incognito Wallet!

Continue reading Newsletter kick off: what’s on this week

pUSDC: privacy for crypto-commerce

USDC is one of the most successful responses to the concern that for Satoshi’s new electronic payment system to work on a larger scale, transacted currencies need to maintain a stable value. With USDC, you can comfortably make daily purchases with crypto, or accept crypto at your business.

However, any USDC transaction and any USDC holder is completely exposed on a number of public block explorers. Sender and receiver IDs, amounts, balances, timestamps and more — are completely visible to anyone who cares to look:

 

Stability has been integral to crypto adoption. Privacy is a right for all those that adopt it.

Continue reading pUSDC: privacy for crypto-commerce

Incognito officially supports private TOMO transactions

 

Holders of TOMO will now be able to send, receive and store their tokens with total privacy. Incognito is excited to announce that a bridge has been built between TomoChain and the Incognito sidechain, allowing TOMO holders the option of enabling incognito mode for their crypto whenever needed.

“TomoChain is one of the most exciting projects in this space today,” said Duy Huynh, founder of Incognito. “The team and community continually develop and acquire use cases for its technology; with Incognito, they now have an option to enable privacy for not just TOMO, but also TRC20 tokens and dApps created on TomoChain.”

Continue reading Incognito officially supports private TOMO transactions