Incognito Blockchain Launches DeFi Privacy for Kyber
Privacy blockchain Incognito has released Kyber Privacy (pKyber), a privacy feature for decentralized finance within the Kyber Network for users from both parties to trade anonymously. Speaking with Cointelegraph, Andrey Bugaevski, CEO of Incognito, explained the motivations that drove them to develop a DeFi privacy feature: “In decentralized finances, the highlighted word is finances.
To apply Kyber Privacy, users must download the Incognito app from the Google Play store or iOS App Store and then enable it to start trading with anonymized Ether (ETH) and ERC-20 tokens. We found that the majority of users still want privacy for their favorite coins like Bitcoin and Ether instead of switching it bank and forth for each confidential transaction.”.
