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    Home»Markets»Onchain privateness is a necessity within the age of AI — Shielded CEO
    Onchain privateness is a necessity within the age of AI — Shielded CEO
    Markets

    Onchain privateness is a necessity within the age of AI — Shielded CEO

    By Crypto EditorMay 23, 2025No Comments2 Mins Read
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    Blockchain privateness instruments akin to zero-knowledge (ZK) proofs will change into more and more crucial to guard on-line consumer knowledge within the age of synthetic intelligence, in keeping with Eran Barak, CEO of Shielded Applied sciences, the developer behind the Midnight privateness chain.

    In an interview with Cointelegraph at Consensus 2025, Barak mentioned company service suppliers and centralized servers are anticipated to change into honeypots for AI-assisted hackers and malicious actors trying to steal useful knowledge, together with personal keys, monetary metadata, medical information, and authorities paperwork.

    Hackers concentrating on centralized entities have a “huge” return on funding (ROI) and are incentivized to hack centralized targets that comprise thousands and thousands of useful information, the CEO informed Cointelegraph. Barak added that ZK-proofs, a manner of verifying onchain knowledge with out revealing it, remedy this drawback:

    “Blockchain goes to enhance cybersecurity around the globe, as a result of, for a hacker to get to precise knowledge, they should hack particular person wallets, however their ROI could be one report as a substitute of thousands and thousands — not price it. They will go elsewhere.”

    Privateness options have change into a significant focus for a lot of Web3 builders, as the necessity to protect metadata from AI algorithms grows and huge establishments demand privateness instruments to guard delicate knowledge as a prerequisite to bringing their enterprise operations onchain.

    Onchain privateness is a necessity within the age of AI — Shielded CEO
    Midnight generates shielded property that present customers with onchain privateness whereas sustaining compliance. Supply: Midnight

    Associated: EU to ban nameless crypto accounts and privateness cash by 2027

    Cardano’s Hoskinson teases multichain airdrop

    Talking at Consensus 2025, Cardano co-founder Charles Hoskinson introduced an upcoming Midnight token airdrop for holders of Avax (AVAX), XRP (XRP), Bitcoin (BTC), Courageous Consideration Token (BAT), and others. Midnight is a companion chain of the Cardano community.

    Hoskinson the multichain airdrop will unite the business via cooperative tokenomics and can promote collaboration. “Now we have an opportunity to return collectively once more, and I feel on this divisive period, the business completely wants that.”

    Privacy, Data, Web3
    Charles Hoskinson at Consensus 2025. Supply: Cointelegraph

    Barak additionally informed Cointelegraph that Midnight would invite customers throughout the whole Web3 ecosystem to mine the Midnight token following the preliminary multichain airdrop.

    Journal: UK’s Orwellian AI homicide prediction system, will AI take your job? AI Eye