How Will Origo Stop the Unstoppable Panopticon
Summary
Social networking companies pursued their users to trade privacy with convenience without mentioning the potential risks of the data breach. “Three things are happening simultaneously: (1) we are generating personal data at a rapid and accelerating pace, (2) leaking these data to a growing number of sources through intentional and unintentional means (e.g. hacks) and, (3) developing and improving technologies that can make sense of these vast pools of personal information. It is not yet clear what will happen in the future regarding the insufficient system of protecting users’ personal information. Although they have achieved private transaction on the blockchain, they did not allow privacy feature for the smart contract. On the contrary, Origo.Network has developed a complete privacy preserving solution that supports normal hardware for smart contract input and output.