Neo goes incognito: privacy for Neo’s smart economy

Dec 6, 2019 – Today, Neo and Incognito announced their intention to collaboratively enhance privacy for the growing Neo ecosystem. By building a trustless privacy bridge between the Neo Smart Economy and Incognito blockchains, Neo will soon be able to empower it’s 2,000,000 users with untraceability and enhanced privacy.

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Pay privately for Autonomous’s product with Incognito Crypto Wallet

To pay for e-commerce products, you can use normal payment methods like a credit card, bank transfer, specific payment gateway like Amazon Pay, Samsung Pay, Paypal, etc. But with the development of cryptocurrency, now you can also pay for your orders in crypto with ease. One issue, however, is that such crypto transactions are stored publicly and link directly to you.

 

Incognito has a mobile wallet app where you can anonymously buy, sell, send, store, and invest crypto for free. It gives you a way to engage in eCommerce without sacrificing your privacy.

But it’s not just a wallet and privacy DEX (decentralized crypto exchange). You can also invest your crypto in a liquidity pool and earn up to 9% APY for BTC and XMR, 28% APY for PRV, and up to 8% for other ETH and other cryptocurrencies. Learn How >

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USDC: privacy for crypto – pay e commerce with cryptocurrency

USDC is one of the most successful responses to the concern that for Satoshi’s new electronic payment system to work on a larger scale, transacted currencies need to maintain a stable value. With USDC, you can comfortably make daily purchases with crypto, or accept crypto at your business.

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Harmony ONE tokens swap privately with Incognito Privacy Wallet

Harmony ONE tokens swap privately with Incognito Privacy Wallet. This will enable users to hold, send and receive their tokens in complete privacy, thanks to a bridge built between Incognito and Ethereum.


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Unboxing and set up to Earn Cryptos with Incognito pNode?

To celebrate the release of our clever little device, we’re giving away prizes for the best Node unboxing videos.

Send us a clip of you getting to meet your Node, and win Node devices for your friends, Incognito t-shirts, and our native token PRV.

How? It’s pretty simple:

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Send TOMO privately with Incognito Wallet

 

Holders of TOMO will now be able to send, receive and store their tokens with total privacy. Incognito is excited to announce that a bridge has been built between TomoChain and the Incognito sidechain, allowing TOMO holders the option of enabling incognito mode for their crypto whenever needed.

“TomoChain is one of the most exciting projects in this space today,” said Duy Huynh, founder of Incognito. “The team and community continually develop and acquire use cases for its technology; with Incognito, they now have an option to enable privacy for not just TOMO, but also TRC20 tokens and dApps created on TomoChain.”

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Incognito mode for Ethereum

Incognito is a high-throughput proof-of-stake sidechain, made possible by the implementation of state sharding. Incognito takes a practical approach in designing and implementing its consensus mechanism, based on previous research and existing engineering by OmniLedger, Bitcoin, Ethereum 2.0, and Zilliqa.

The Incognito sidechain can be attached to any blockchain to conduct confidential asset transfer — in this case, Ethereum. The Incognito sidechain runs parallel to main blockchains, allowing for secure two-way transfers of crypto assets whenever privacy is needed.

This post will detail the means by which Incognito enables 100% confidential transfers of ETH and ERC20 tokens.

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Incognito Wallet Introduction

Every idea starts with a problem. Ours was simple: blockchain data is public.

Duy was running Autonomous where he paid a team of 100+ people in 6 different countries with an ERC20 stablecoin. While he saved processing time and money on international wire fees, employee salaries were exposed publicly on the Ethereum blockchain. It was a mess.

Many of the team had similar experiences, frustrated at how hard it was to send, receive and store crypto privately, even in a rapidly tokenizing world. No one wants to show their bank statements to the entire world.

We started Incognito to create an alternative — the choice of privacy whenever needed, simple for anyone to obtain. Incognito mode for blockchains.

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