Brave Browser emphasized that this collaboration aims to integrate Zcash’s privacy and security features into its browser and the broader Web3 ecosystem.
Brave Browser is a free and open-source web browser that is available for PC, Mac, and mobile devices. It is one of the most advanced Web3 browsers with inbuilt wallets via which users can interact with various dapps and blockchains.
Electric Coin Company (ECC) is a technology company that develops and supports open-source software and protocols for digital currencies, with a mission to provide equitable access to an open and fair currency, irrespective of geographic or demographic factors.
The company created and launched, and continues to work on, the Zcash digital currency in 2016. Zcash is a privacy-focused cryptocurrency that enables users to transact without revealing their identities or transaction amounts.
The Filecoin Foundation is an independent organization that plays a central role in coordinating and supporting the development and enhancement of open-source software and open protocols software and open protocols for decentralized data storage and retrieval.
It provides resources, guidance, and fair, equitable principles to help the ecosystem flourish and to open up the internet for a safer, stronger, and more reliable environment where everyone, not just a few giants, can thrive.
Privacy for users
According to Brave, one of the key highlights of this collaboration is the integration of its in-built crypto wallet with the Zcash protocol. This integration, with support from ECC, enables users to securely store, send, and receive ZEC alongside other cryptocurrencies.
Speaking about the development, Zooko Wilcox, CEO of Electric Coin Co., expressed his excitement about the partnership, highlighting how it enhances privacy for everyday online activities.
“This gives them access to money that respects their security and consent. I’m thrilled for this launch – and what’s to come – as a result of this partnership with Brave and Filecoin Foundation.”
Marta Belcher, the President of the Filecoin Foundation, also emphasized the significance of this collaboration, highlighting its potential to reshape the internet and empower users with control over their data, privacy, and access to critical information.
Supported by ECC and its Zcash technology, the Brave browser will introduce new privacy-focused features. These features will be enabled by utilizing the Zcash protocol for private messaging and secure media transmission.