🤫 Privacy is going to be another huge theme for the blockchain space in the coming years. Why? Because without privacy, we won’t see institutions come into the space in large numbers.
Transparency is one of the big advantages of open blockchains, but it definitely has its downsides. Businesses won’t adopt blockchain if they know their competitors can see sensitive information – or if they can’t keep their customers’ data safe.
There is an enormous opportunity for decentralized confidential computing (DeCC) platforms here. Offering compliant privacy – where you can disclose information if required – will be a game-changer for companies looking to enter the blockchain space.