Blockchain has been receiving considerable attention from a score of industries and audiences due to its promises of immutable, decentralized, and verifiable data management. Despite these characteristics offering a substantial draw for both academia and other industries, it is the social benefits of a trustless system enabling seamless peer-to-peer interaction within a decentralized network, that academic institutions have latched onto. Is there a need for blockchain adoption within universities?
Oxen is essentially a developer platform for privacy tools. It offers a wide range of tools, libraries, and end-user products aimed at solving many of the challenging issues plaguing the digital security space.
The Oxen network is powered by the project’s homegrown blockchain, which also facilitates a parallel privacy-friendly cryptocurrency network that guarantees fast and anonymous transactions.
The Oxen Service Nodes, a distributed network of community-operated nodes, powers the platform’s native blockchain. These nodes are instrumental in ensuring that all features and services offered by the network operate smoothly round the clock.