During the Messari Mainnet occasion, the corporate behind the web browser Brave introduced a partnership with the Electric Coin Co. (ECC) and the Filecoin Foundation. These entities are the main builders of the Zcash (ZEC) protocol and Filecoin (FIL).
Brave Brings Zcash Tools Into Web3
According to an official announcement, the cooperation goals to “improve” privateness for Brave’s Web3 pockets. This characteristic permits customers to transact with cryptocurrencies, together with the Basic Attention Token (BAT), which individuals can earn by interacting with web sites.
Zcash’s native token, ZEC, will turn into the most recent to combine with the pockets. The firm behind Brave claims that this cooperation underscores its “commitment” to offer privateness instruments for its customers.
The integration will permit customers to transact privately or publicly with different customers and “have greater control” over their Web3 exercise. Zooko Wilcox, CEO of the Electric Coin Co., acknowledged:
I’m enthusiastic about integrating Zcash into the Brave internet browser as a result of privateness must be regular. The Brave browser is a instrument that tens of tens of millions of persons are utilizing for on a regular basis communication, internet shopping, buying, and different actions. This provides them entry to cash that respects their safety and consent. I’m thrilled for this launch — and what’s to come back — on account of this partnership with Brave and Filecoin Foundation.
Since its inception, Brave has offered its customers with extra management over their knowledge and exercise. The firm behind the browsers has been rising its privateness options just lately by launching simple methods to delete cookies, profiles, and any traces of interplay with a web site.
In that sense, Yan Zhu from Brave added:
This partnership with like-minded organizations reinforces Brave’s mission for a extra personal and user-first Web. Not solely will we hope to make it easy to make use of ZEC for personal transactions, however we additionally intention to maximise privateness throughout key moments of buy or alternate.
More Privacy, More Features
In addition to the above, the companions hinted at launching a brand new privacy-based instrument to ship and obtain messages and multimedia information supported by the Zcash protocol. The content material will probably be saved utilizing the InterPlanetary File System (IPFS), which helps Filecoin.
Marta Belcher, president of the Filecoin Foundation, stated:
We’re thrilled to be part of this essential undertaking. We imagine cryptocurrency could be the inspiration for a greater Internet — a substitute for huge tech that places folks in charge of their very own knowledge, protects consumer privateness and safety, and completely preserves humanity’s most essential data.
As of this writing, neither ZEC nor BAT has seen any upside pushed by the announcement. However, Brave customers will probably profit long-term by leveraging a privacy-oriented instrument and a substitute for Google and different huge tech corporations seemingly growing more hungry for folks’s knowledge.
Cover picture from Unsplash, chart from Tradingview
