/biz/ - Business & Finance

>>52730184
>Another key part of the core protocol that we’re looking to expand on is privacy, so it’s really interesting how everybody is used to privacy and when you take it away they don’t like that. So that’s what web3 does a lot of the time is it just says hey you don’t need privacy don’t worry about it, basically it doesn’t work and it also doesn’t work for a lot of the data that applications need so what DECO does is it creates privacy, it allows data to remain private off-chain while proving the state of the data on-chain and even allows some private computations, so DECO is a privacy preserving part of the Chainlink protocol which will actually turn oracle networks into these smaller privacy preserving computational environments. So if you want privacy in your application, you don’t have to get it from a blockchain, you can actually get it from an oracle network, whether it’s about data or in some cases more advanced computations.