Re:Announcing a16z crypto research
by ignoramous on Thursday April 21, 2022 @04:27PM
(#31114752)
> Imagine if you will a database technology that allows encrypted data to be searched and the server to be untrusted, not having the ability to compromise the data regardless of how curious or malicious the server is. This is a very complicated problem, but it would allow for companies with services like Facebook to not have access to your data, unless you shared it, while still being able to operate the service.
I was hoping a16z had invested in one of these companies working on privacy-enhancing technologies (PET)... but no. May be, the tech is not quite there yet, or a16z doesn't yet have an "investment thesis" for it.
> This kind of technology would compromise the business model of many companies, but isn't it the goal of Web 3.0 to give ordinary people more control over their lives, their data?
A counter point to this is web3 institutions like the Algorand Foundation which employ some of the best cryptographers and security researchers who have gone on to make non-trivial contributions in PET and MPC (multi-party computation) fields.
dualitytech.com | cosmian.com | inpher.io | enveil.com | apheris.com | capeprivacy.com
I was hoping a16z had invested in one of these companies working on privacy-enhancing technologies (PET)... but no. May be, the tech is not quite there yet, or a16z doesn't yet have an "investment thesis" for it.
> This kind of technology would compromise the business model of many companies, but isn't it the goal of Web 3.0 to give ordinary people more control over their lives, their data?
A counter point to this is web3 institutions like the Algorand Foundation which employ some of the best cryptographers and security researchers who have gone on to make non-trivial contributions in PET and MPC (multi-party computation) fields.