What is NuCypher?
NuCypher, founded in 2015 in San Francisco, is a software company that aims to provide a combined level of security and privacy for decentralized applications built on public blockchains such as Ethereum. Its two main services fall into two categories: secret management and dynamic access control.
This allows developers to store, share and manage personal data and, in the long run, aims to add an interoperable layer of security to various blockchains. The platform's proprietary token feature, NU, is used to incentivize connected users for performing key management services and access to delegation operations.