Published on June 9th, 2018 | by bitcoin0
Ethereum uses transparency as part of its security but potential problems with data exposure are now … Four Projects Seek to Solve Ethereum’s Privacy Parado
“From a blockchain perspective we always say privacy but it’s more like data security,” said Can Kisagun, co-founder of Enigma, a startup building privacy-enhancing technology for the ethereum network.
In fact, it’s perhaps become an even more pressing issue since the European data protection law, GDRP, took effect in May.
According to Kisagun, countless ethereum projects, such as those dealing with voting, location data, social media and identity, will likely be restricted by the radical transparency of the blockchain.
Secret Store and other privacy tools “would lead to a lot of innovation in the space that we haven’t seen because of strict privacy limitations,” Steiner said.
Another privacy project, Enigma’s “secret contracts,” looks to provide decentralized application (dapp) developers with some flexibility in concealing some data.