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NuCypher is a cutting-edge cryptocurrency platform that focuses on blockchain security through sophisticated cryptography. NuCypher provides decentralized storage and end-to-end encrypted data transmission on public blockchains.Using proxy re-encryption (PRE) technology, NuCypher allows users to communicate private data amongst a number of participants in public consensus networks. According to NuCypher, this decryption method makes NuCypher significantly more safe and protected than other blockchain projects that use public-key encryption.In essence, NuCypher is a blockchain system that focuses on improving privacy for its users. Blockchain developers may use the network to store private data on any public blockchain without worrying about security. Users may exchange information while keeping their data secure thanks to NuCypher's patented security layer.