iExec has announced the launch of new privacy tools available for developers on the Arbitrum platform. These tools are designed to create secure, scalable, and user-friendly solutions that support user privacy.
New Privacy Tools from iExec
iExec has introduced privacy tools that allow apps to process data securely, protect identities during communication, and give users control over what they disclose.
How Privacy Intersects with Blockchain
There is a concern that adding privacy could undermine user trust in blockchains. However, with iExec, privacy and verifiability work hand in hand. Data and logic are protected in use, while computations produce proofs and integrate with on-chain flows.
The Future of Privacy in Various Industries
iExec aims to expand its privacy tools to industries such as artificial intelligence, gaming applications, and any user-centric app where data security is crucial. This allows developers to create privacy-focused applications.
With the launch of new privacy tools, iExec enhances trust and security on the Arbitrum platform, enabling safer and more secure applications across various sectors.