đĄHow Does DeCC Improve Existing Crypto Sectors?
The DeCC Alliance, a collective of 20+ blockchain privacy and data security projects, joined forces earlier this year. The group aims to educate crypto users on the importance of DeCC applications and demystify the confusion around these crucial protocols.
DeCC brings a wealth of benefits to the chief concerns facing some of the industryâs largest sectors. Privacy advocates contend that integration of DeCC technologies can vastly enhance the onchain experience in a variety of fields:
DeFi - DeCC enables permissionless protocols to offer users a complete range of services, without exposing sensitive information to their counter-parties. For example, publicly-known liquidation prices on large positions can easily become targets in decentralized markets, opening the door to manipulation and scam wick attacks.
DePIN - DeCC allows for privacy preserving computation within DePINs, which often include confidential personal data.
