Shyft Network (SHFT)

Shyft Network (SHFT) is a public protocol that aims to bring trust and compliance to blockchain data. It is designed to validate identity and enable the transfer of verifiable data between centralized and decentralized ecosystems. By doing so, Shyft Network provides institutions with meaningful user information that can be used to secure cryptocurrency while maintaining privacy.

Shyft Network offers powerful features to ensure the safety and privacy of user data. It applies consent frameworks and codified rules of engagement to digital ecosystems, enabling the next step in the evolution of online trust. The platform also incorporates proactive security measures, such as a bridge watcher system, to detect and deter threats before compromise occurs. Additionally, Shyft operates on an opt-in user consent framework, giving individuals granular control over what data is shared and for what purpose.

Developed by a team of global industry leaders, Shyft Network’s core team is responsible for the technical development of the network architecture and establishment of use cases for the SHFT token. The platform’s identity solution functions similarly to an OAuth2-type interface for web applications, enhancing consent channels to give users control over their data. Shyft Network also incentivizes data exchange, enabling efficient information negotiation between parties. With a focus on trust and compliance, Shyft Network aims to shape the future of blockchain technology.