Realized vision and use cases
Panther’s proposed decentralized, disruptive approach to data privacy and compliance offers a significant leap forward for several industries. While Zone Managers will primarily deal with token transactions, the system’s core underlying components are applicable to many other fields where privacy, auditability, and tracking are critical to providing value.
Some of the initial use cases for Panther will include:
Zero-Knowledge (ZK) accounts: Users who fit the Zone Manager’s profile, can deposit multiple types of tokens into Panther’s Shielded Pools, where they can hold their assets confidentially while retaining the ability to showcase their balance and transaction history to selected recipients. Combining ZK proofs with an approach based on ZK disclosures and decentralizing access to compliance, Panther will facilitate pioneering privacy-preserving access to DeFi while enabling new compliance mechanisms. Its vision gives users more control over who views their data while enabling Zone Managers and users to comply with regulations.
Privacy-preserving transactions: Within the Shielded Pool, users can transact with each other, conduct trades, and swap assets, while also remaining able to showcase their transaction history at will. This can enable them to create a new cryptoeconomy based on data privacy and compliance.
Private staking, vesting, and token distributions: Using Panther’s solutions, teams can build products and issue tokens to their users while preserving their privacy.
Secure, privacy-preserving DeFi access: Panther Protocol will enable users to privately interact with the most popular DeFi dApps and protocols (such as NFT marketplaces, lending/borrowing markets, or DEXs) directly from Panther by using DeFi Adaptors. This allows them to safeguard their data while still relying on the security and liquidity of the underlying networks on which the most popular protocols are deployed.
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