Why Wall Street Won’t Embrace Crypto Without Zero-Knowledge Privacy

About the author

Howard Wu is the founder of Aleo and CEO of Provable, a company building tools for confidential, compliant payments and developer infrastructure on zero-knowledge blockchains. A UC Berkeley graduate with a background in cryptography and verifiable computing, Wu has co-authored Zexe and DIZK—zero-knowledge systems adopted by Ethereum, Zcash, and others.

The views expressed here are his own and do not necessarily represent those of Decrypt.

When you pay with a stablecoin like USDC, you may be giving up more than just money. 

As long as you’re transacting on a public blockchain, a merchant—or anyone, for that matter—can view your wallet, analyze your past transactions, and use or sell your personal financial history.

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