Velas partners with Panther for further technical integrations

A new partnership for technology development and deployment related to privacy schemes using zero-knowledge proof systems launches on November, 19

We’re delighted to announce a new strategic alliance between Velas Network and Panther Protocol, which is an end-to-end solution that restores privacy in Web3 and DeFi, while providing financial institutions with a clear path to participate in a compliant way in decentralized finance.

Velas’ mission is to create and integrate world-changing technology products and services to improve people’s lives all over the globe, and Panther is bringing privacy-preserving infrastructure to our ecosystem.

Velas' vision strongly resonates with Panther’s interest in advancing privacy and data protection tools. Therefore, the teams will be heavily involved in technical collaboration and research for technology development and deployment related to privacy schemes using zero-knowledge proof systems.

“We are excited to see how this new partnership between Velas and Panther Protocol can move privacy and data protection to a whole new level. Panther Protocol can be perfectly integrated into the Velas Wallet and cross-chain to make Velas assets private”.

— Added Shirly Valge, COO at VELAS

The Panther Protocol will also enable the cross-chain exchange of private Velas assets thanks to its unique interoperability features. This will follow along with the integration of Panther zAssets into the Velas wallet to produce access to on-chain privacy for Velas users. We hope Velas enterprise clients and customers will greatly benefit from this additional layer of privacy.

About Panther Protocol

Panther is an end-to-end privacy protocol connecting blockchains to restore privacy in Web3 and DeFi, while providing financial institutions with a clear path to participate in a compliant way in digital asset markets.

Panther provides DeFi users with fully collateralized privacy-enhancing digital assets, leveraging crypto-economic incentives and zkSNARKs technology. Users can mint zero-knowledge zAssets by depositing digital assets from any blockchain into Panther vaults. zAssets flow across blockchains via a privacy-first interchain DEX and a private metastrate. Panther envisions that zAssets will become an ever-expanding asset class for users who want their transactions and strategies the way they should always have been: private.

About Velas, The Fastest Blockchain Ever

Velas is a full hybrid EVM/eBPF blockchain and decentralized product ecosystem, capable of processing up to 75,000 transactions per second.

Striving to become the industry standard, Velas focuses principally on the best user experience practices and brings together the greatest solutions for developers, enterprises, and people worldwide to create easily accessible, transparent, and community-driven ecosystems for Web 3.0.

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Velas is Artificial Intuition-operated DPoS Blockchain and Ecosystem for secure, interoperable, extremely scalable transactions. Visit: www.velas.com