Over the days there has been a huge celebration in the crypto-currency sector which has wiped off the losses investors recorded in the past few months. Crypto-currency market is experiencing an upsurge as a result more global adoption of blockchain technology. Most of my articles in last few days was about crypto-currency markets and trading of crypto-currency but blockchain technology goes beyond just trading alone. Let’s not forget, the main objectives of blockchain technology which are ANONYMOUS and DECENTRALIZATION. Despite the advantages of technology and its impacts on human’s life it has still exposed and also eroded human’s privacy protection. Technology should have been the best thing to have ever happened to human’s existence but the part where human’s privacy is not been protected needs to solved and this will make it the best technology of the time. How do you feel when we preaching decentralization and anonymity but yet our data keep flying around places without any protection. Most of the companies and users information and data that should have been kept private are now been exposed to public. Though blockchain technology is the most transparent technology but needs to be used in such a way that user’s data and information will be kept secret.
As we have observed, third-parties are found of storing and monitoring and even use user’s data and personal information for their own selfish interest. Technology has also made it possible to link data back to the true owners. Privacy is very important to organizations and individuals which is why VEIL team has offered the world a new project that deals aims to protect the privacy of the users. VEIL project is a dream come true for all crypto-currency users and adopters of blockchain technology because it has come to provide users with full time privacy on their transactions and data. Whenever the issue of security breaches occurred in some platforms users were always scared of losing their data to the wrong hands simply because they know what this information means to them and also if gotten to the wrong hands the damages it can do. This is why I believed VEIL introduction of new privacy project will the real solution the whole crypto-users have been waiting for.
VEIL projects main objective is about the protection and privacy of its users but that’s not all what it’s been made off. VEIL also allowed a staking and reward program for all holders of its coin with full privacy protection in the platform.
There has been some project on privacy protection which has come into existence before the introduction of VEIL but none of them could really solve the privacy issues in the world of crypto-currency. VEIL platform aims to secure and also provide support through its highly anonymous coin which is designed to offer full time privacy.
In order to bring more privacy into the crypto-currency space, VEIL has adopted and partnered with ZEROCOIN and RINGCT.
VEIL has also developed a wallet which is compatible with WINDOWS, LINUX and MACOS while the mobile wallet(ANDROID & IOS) is still under development
To know more about VEIL project check the links below
Website => https://veil-project.com/
Reddit => https://www.reddit.com/r/veil
ANN Thread => https://bitcointalk.org/index.php?topic=5065331.0
Telegram => https://t.me/VEILProject
Discord => https://discord.veil-project.com/
Linkedln => https://www.linkedin.com/company/project-veil/
Bitcointalk User Profile => https://bitcointalk.org/index.php?action=profile;u=1996602
Bitcointalk Username => Bellokudi
Author => Lekato
VEIL WALLET => bv1qnytuq42gqdsxyg3f40cpr7m2gw7pcj8eqnx7fk