@gmltech
BEYOND THE BLOCKCHAIN FIREWALL 1.1 -ZAMA_ FHE
The true cost of data break-in is underemphasized…
The issue of transparency when dealing with financial assets, identity or governance was solved a long time ago by the invention of blockchain through the open ledger system of verification of transactions or certain operations.
As beautiful as the blockchain invention is, it poses a major issue, specifically requiring the disclosure of all transactions and data to everyone as keeping them private would prevent verification. Hence making lack of confidentiality and privacy a major hinderance to the global adoption of blockchain technology.