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“How a Startup is Using the Blockchain to Protect Your Privacy”

“Aspires to conquer two of the thorniest issues that currently plague the blockchain community: lack of data confidentiality and scalability”

“Oasis Labs has an ambitious goal: a privacy-focused form of cloud computing powered by blockchain technology.”

 

”Crypto and venture’s biggest names are backing a new distributed ledger project called Oasis Labs”

“Blockchain computer programs are pretty smart—that’s why we call them smart contracts—but they’re also pretty weak. If they’re going to achieve many of the lofty, world-changing goals that blockchain proponents say they will, like revolutionize health care and the energy industry and give people back control of their personal data online, they’re going to need to be run in a whole new way. That’s where Dawn Song’s new startup, Oasis Labs, comes in.”

“the Oasis platform embodies two core ideas. The first is bringing privacy and security protections previously not possible on a blockchain. The second is delivering processing capabilities with much greater performance than existing systems, even for complex applications.“