What happens when you carry out contracts or collaborations in the current blockchain environment? All terms and amounts are completely exposed on the chain. This is the same when forming partnerships between companies, entering into supply chain agreements, or structuring royalty distributions.
The problem is that it’s been tricky to execute collaborations containing such sensitive terms on-chain. However, as privacy technology evolves, the very nature of on-chain collaboration is changing.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
18 Likes
Reward
18
9
Repost
Share
Comment
0/400
TokenomicsDetective
· 19h ago
Hmm, it seems like now really companies will start flocking on-chain.
View OriginalReply0
GateUser-cff9c776
· 12-09 16:26
Ha, finally someone dares to talk about this. Honestly, that previous set of "full on-chain transparency" idealism was basically suicide—putting all business secrets out in the open. Who the hell would still dare to participate?
View OriginalReply0
SatoshiNotNakamoto
· 12-09 11:58
With the emergence of privacy layer one, the on-chain game rules have completely changed.
View OriginalReply0
GateUser-addcaaf7
· 12-09 11:54
Everything was exposed up to the contract without any privacy technology, lol. It was a total mess.
View OriginalReply0
token_therapist
· 12-09 11:52
The fact that everything is exposed on-chain is really a problem, but is it really possible to solve it with privacy technology? Honestly, I'm skeptical.
View OriginalReply0
GateUser-a180694b
· 12-09 11:50
Privacy technology is now live, so B2B can truly be on-chain.
View OriginalReply0
EthMaximalist
· 12-09 11:40
The real problem is when the chain gets exposed lol
View OriginalReply0
TeaTimeTrader
· 12-09 11:32
Wait, can privacy solutions really completely solve the problem of trade secret leaks?
View OriginalReply0
MetaLord420
· 12-09 11:31
Without privacy technology, everything just gets exposed lol
What happens when you carry out contracts or collaborations in the current blockchain environment? All terms and amounts are completely exposed on the chain. This is the same when forming partnerships between companies, entering into supply chain agreements, or structuring royalty distributions.
The problem is that it’s been tricky to execute collaborations containing such sensitive terms on-chain. However, as privacy technology evolves, the very nature of on-chain collaboration is changing.