The World Needs Privacy
Privacy DLT is a technology that can guarantee the anonymity and privacy of voters, precisely what’s essential for secure, democratic elections. Thus, the same kind of Privacy DLT that Zcash uses for shielding transactions can also be used to create a fast, efficient, anonymous, and secure voting system.
- Protect the privacy of personal information. We can avoid another Cambridge Analytica scandal. With the technology, the social media norms of the future would look radically different. Users own their data, and it’s protected with advanced cryptocurrency.
- Build a solid shield against hackers. We can move sensitive data off centralized data centers. Mass security breaches will become very difficult.
- Make government information safer. We can split classified information into thousands of pieces. We can store the information over tens of thousands of servers, spread globally.
Blanket Banning is Daft
With privacy coins, the only information we can assess is market cap and the sum of all transactions. We can’t know how much and who is involved in each individual transaction.
A Cautious Embrace
The technology already exists. The bad actors can already use it. Nations need to leverage this technology, rather than suppress it.
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