Nym’s Shipyard builds advanced privacy apps

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Nym, an open-source, incentivized and decentralized network that protects the privacy of all apps, digital services and wallets at the network level, has unveiled Nym Shipyard, a beta space that allows developers to create and test privacy-enhanced apps and access. funding, Coin Journal learned from a press release.

A platform for the next generation of privacy infrastructure

Nym will extend privacy nationally to mainstream users through Shipyard, which provides developers with the tools and resources to extend these protections as quickly as possible.

To make this happen, Shipyard launched the beta version of NymConnect, a one-click app that makes it easy for people to improve their regular apps.

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From normal to privacy-enhanced

NymConnect transforms mainstream apps into privacy-enhanced apps by sending encrypted communications across multiple node layers.

These layers hide and blend IP and traffic patterns, even the ones sent by the app itself. You can use NymConnect out-of-the-box to enhance the privacy of Keybase and the Electrum wallet.

Distribution of the first subsidy round

With Shipyard’s current distribution of its first round of grants for developers to integrate additional apps, Telegram is the next app that will improve privacy.

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In the near future, ordinary people will be able to use Telegram with the peace of mind that no one can monitor their communication patterns.

Shipyard serves early adopters and testers of Beta releases. Users are advised not to rely on NymConnect for the utmost anonymity as it is still in the experimental stage.

Grants of up to $300 million are available

Nym’s Shipyard makes development grants available to entities that wish to leverage the privacy infrastructure stack. It will roll out specifications for larger grant applications in August.

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Successful projects can request higher amounts, up to 300 million dollars from the Nym Innovation fund, as recently emerged.

Nym CSO Jaya Brekke said:

Nym Shipyard opens up the privacy-enhancing benefits of the Nym ecosystem to developers and early adopters of all kinds. Anyone who wants to increase their privacy offering can apply for a grant and build out their product. We’re excited to see the great ideas coming from users leveraging the power of Nym.