I believe in giving users control over their data - Adam Gagol

Transcript

[Music] so I think that this particular event is much more business oriented than the usual events I attend so for example it's not only about Builders and nerds which are into a video for the last 10 years but there are people representing serious corporations and Enterprises which are just looking into blockchain just now because it became such a such a big field so so it is an epic big company right now needs to at least know what's going on there we are working a lot with privacy and of

course it's been a pretty Hot Topic in the last year and partially due to tornado Cash country controversies but also quite a lot of very promising privacy protocols uh started building or starting to actually delivering things this year so I think this is a very important discussion that this is going to happen in the upcoming an upcoming couple of years uh discussion on uh who should own transactional data should there maybe purely user owned and should it be only up to user whether to review the trace or not or perhaps it should there should be some kind of a back door for authorities to to force reveal the transactions of a suspected hacker for

example or or some other similar situations so I personally do believe that a bit of a way of of giving users comfortable with data is a better way I mean I still it's nothing which is not compliant about this value and there is no no regulation in place right now that would force revealing in in D5 so the only actual problem here is that it may be problematic for users to prove that the funds are not from Unity sources so I think this is something uh with this kind of systems which which will allow to prove uh but the private funds are not illicit but without

revealing the trades this is something that that is I think I hope it's going to be very hot in that 10 years we've seen something like that already and it's called the proof of innocence in in tornado Dash It's a protocol which is aimed to help tornadoes users which have not been actual hackers but they had to repair the advanced deposited internet workers to prove that the funds were not connected to any of these two transactions so uh and I I really hope that this particular protocol again probably popularity and I really hope that the future will be evolving towards this kind of uh this kind of protocols which doesn't take the data from the users and doesn't take from the users

but allows them to to prove only this particular thing very wonderful but the funds are not really busy then besides that it should be up to user to any additional information probably I'm much more privacy free than a normal person but what happens in crypto right now it's very unusual and I think many people would find it unusual from from normal non-crypted users but whenever sending funds to anyone we are allowing them to click into our wallet and see our previous transactions is very abnormal and it's not something

that to what general population is used to and I think the general population is becoming more and more privacy aware due to uh controversies controversies for example related to Pegasus system and other other manipulation systems so so yes I I do believe in a very Sun Also actually I hope I I also do believe that the general population to ask her about privacy at least to to some extent I mean when educated enough because there is also this problem that the general population believes that Bitcoin is another uh which is of course not true and uh also I'm not able to have so many tastes but

I mean so many flavors to enemy The Very you can have nothing between so many different ways but it's pretty hard to to educate major arculation about it but I think the proper education uh we can make people care about about this stronger stronger flavors of products I think uh I think with motivates me for most it's not even delivering the product but taking part in important discussion I mean uh I don't know whether our product will be fan main privacy platform I don't know whether it's going to be the main type as a platform for I mean I I do believe in entertain words what I want is I want us

our project to take part in this discussion about who should own financial data how the tracing should look like um yes how what uh what should we demand from users when depositing and using funds somewhere I think this is something which this discussion kind of is is all the existing traditional Finance but there are defy and blockchain and it's much more programmable so so there are much uh much easier ways to circumvent in certain certain Solutions which which does work in traditional Finance so definitely something needs to be done

here it's very empty right now uh how how this discussion is going to end and yes what gets me up in the morning is to to take part in it foreign