Addressing privacy challenges in permissioned blockchain adoption for financial institutions and governments


Alex Buelau

Ricardo Santos

Resumo

Permissioned EVM (Ethereum Virtual Machine) blockchains are gaining popularity as viable options for permissioned blockchains. However, scalability and privacy remain significant challenges. This article examines the advantages, disadvantages, and risks of current privacy solutions for EVM- based blockchains. It concludes that the best approach is to implement a network topology that ensures sensitive data never leaves the institution responsible for its management. By doing so, organizations can benefit from the advantages of blockchain technology while minimizing the risks associated with privacy breaches.

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Publicado Dec 22, 2023

Palavras-chave:
privacy, EVM, blockchain, cryptography, financial institutions, bridges