Deeper is now part of the Polkadot DeFi Alliance
One of the trademarks of Deeper Network is that it is a privacy-focused project that provides secure resource sharing platforms
Today, Deeper Network announced that it is joining the Polkadot DeFi Alliance, a group of blockchain projects working together to create the latest decentralized finance infrastructure.
Gavin Wood, the co-founder of Ethereum and Polkadot co-founder, has designed a system that allows customized side chains to connect with public blockchains. Polkadot DeFi Alliance, which includes projects like Chainlink and Reef Finance, provides a platform for the collaboration of Polkadot defi projects.
Deeper Network Pushes Privacy
One of the trademarks of Deeper Network is that it is a privacy-focused project that provides secure resource sharing platforms, consensus networks, and trusted internet development platforms. Deeper gives users tools to prevent cyber attacks and data leaks as well as increasing their online privacy.
Apart from these benefits, Deeper also provides an economic incentive to those who supply their unused bandwidth to others in the form of the DPR token. Cryptocurrency miners are rewarded for securing networks and in the same vein, Deeper users are rewarded for providing others with web access.
As well as the aforementioned software solutions, Deeper has a physical device called Deeper Connect that gives users control and transparency over their data and online activity. Deeper Connect is an alternative to a traditional VPN. Users can regulate control over who sees their data (like IP addresses and cookies) and share their unused network resources with others for a profit.
Deeper Connect can be set up in a matter of minutes with no technical expertise required. Instead of a monthly VPN subscription, Deeper offers a Decentralized Private Network (DPN) that includes features such as a seven layer firewall on top of privacy improvements without monthly subscription fees.
The Polkadot DeFi alliance has many members with synergies that are relevant to Deeper. As defi is still in its early stages, collaboration between projects that are pushing the boundaries of blockchain technology is crucial to increasing the speed of development.
The Alliance will also host monthly panel discussions on the latest developments in the market with a variety of hosts and special guests including innovators from the Web3 Foundation and Parity Technologies. The event on February 25 focused on the differences between Ethereum Defi and Polkadot defi.