NuCypher KMS: Decentralized key management system
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Re: NuCypher KMS: Decentralized key management system
#2What is key re-encryption exactly?
Re: NuCypher KMS: Decentralized key management system
#3What is key re-encryption exactly?
It basically allows some untrusted party to convert ciphertext which you can decrypt to a ciphertext which someone you granted access to can decrypt.
It's like "instead of decrypting my data and encrypting with Bob's public key I want Charlie to do this operation without showing my secrets to Charlie". Charlie is a miner in our case :-)
Re: NuCypher KMS: Decentralized key management system
#4sounds interesting. Similar to CloudHSM, I'm assuming this will also ensure vendors/app developers meet regulatory compliance when storing corporate data?
Re: NuCypher KMS: Decentralized key management system
#5sounds interesting. Similar to CloudHSM, I'm assuming this will also ensure vendors/app developers meet regulatory compliance when storing corporate data?
I think so. It is similar to CloudHSM, but you don't have to trust Amazon!