Enigma ENG to HoryouToken HYT Exchange

Crypto Pair Details: ENG to HYT

Enigma ENG

Enigma is a crypto platform that’s trying to solve the problem of privacy on the blockchain by giving them access to much-needed storage, privacy, and scalability. Enigma wants to extend Ethereum Smart Contracts by introducing secret contracts, a brand of smart contract that gives users an element of privacy that’s not intrinsic to current blockchain protocols. These contracts operate off-chain, meaning the execution of the Smart Contract doesn’t occur on the Ethereum blockchain itself. This is how the Enigma protocol works: it breaks up the Smart Contract and any related data into pieces, encrypts those pieces, and distributes them redundantly among Enigma nodes. Enigma has a protocol level. The Enigma privacy protocol allows for decentralized computation of sensitive data. It has a platform layer too. On this protocol, dozens of platforms such as data marketplaces and AI exchanges can be built. In its application layer, it enables thousands of truly decentralized apps that require private computation and secure data.Its first application is catalyst. Catalyst is the first application to be built on the Enigma protocol, already active with tens of thousands of users. Catalyst is a revolutionary platform for data-driven cryptoasset investing and research, built for professional crypto traders. Enigma has a team of MIT graduates, and they’ve been working diligently to ensure Enigma’s success. Guy Zyskind, Enigma’s CEO and cofounder, helped start the project while he was still a student at MIT. He has more than a decade of software development experience with an M.S. from MIT. Sandy Pentland, a well known MIT data scientist who gained fame for his work in data-mining social interactions, is Zyskind and Nathan’s adviser on Enigma. With other advisors such as Alex Pentland, who sits on the Advisory Boards for Google and Nissan, CEO of Abra, Bill Barhydt and director of MIT media lab, Prof. Alex Pentland, it is hard to difficult a fault in the team.

HoryouToken HYT

Horyou, is a unique platform for social good, allowing to share ideas, be inspired and help each other. Horyou connects individuals, organizations and entities fostering social good (https://www.horyou.com/). Blockchain is one of the latest revolutionary technologies. It has taken industries by storm and shown a new way of embracing technology with the most advanced concepts of decentralization, inclusion and participation. Blockchain technology holds great promise. However, up until now, a plethora of interests has flooded Blockchain platforms and projects with speculative strategies, driven by greed and speculation rather than vision and passion. At a time when society is facing worldwide challenges including those mentioned within the United Nations Sustainable Development Goals, we believe in technological advancements that create a fairer, more inclusive and more sustainable world. So, how can Blockchain be at the service of social good? At Horyou, we believe in Blockchain supporting decentralization and bringing social good everywhere in the world. We call it Blockchain with a Purpose. We're introducing HoryouToken, our utility token built on top of Ethereum Blockchain to fuel the virtuous circle of Horyou interactions. HoryouToken makes it possible for anyone to participate in social good by providing access to a traceable and intelligent philanthropic redistribution service called 'Proof of Impact'.

SOURCE: COINGECKO

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