Can Blockchains Protect Your Secrets? (Presented by Midnight) – Recorded at The Bridge

At The Bridge conference on November 6th, 2024, a panel featuring Eran Barak (CEO, Midnight, Input Output), Fahmi Syed (CFO, Midnight, Input Output), and Benjamin Tasi (Co-Founder & President, Wave Digital Assets) explored the evolving role of blockchains in preserving privacy while enabling trust and compliance.

Eran Barak opened by addressing a core question: Can blockchains balance transparency and confidentiality? The panel detailed how advancements like zero-knowledge proofs enable proof of eligibility or compliance without exposing sensitive data, creating opportunities for privacy-preserving applications in DeFi, gaming, and tokenized assets.

Fahmi Syed highlighted practical use cases, including confidential trading of digital and real-world assets. He stressed the importance of selective disclosure to maintain trust without sacrificing privacy, essential for asset managers and institutional players.

Benjamin Tasi emphasized the nascent yet transformative potential of tokenized real-world assets (RWA) and the role of privacy in asset collateralization. He called for scalable solutions to meet institutional demands while maintaining decentralized principles.

The discussion underscored how Midnight’s innovations in privacy and metadata protection are unlocking new blockchain applications while addressing compliance and scalability challenges. Watch the full panel recording to dive deeper into the future of privacy in blockchain technology.