There is a crypto project (that I won't mention, but is on top 100) that is creating an ecosystem to provide governance, that includes reputation, privacy and identity.They propose the creation of a "digital nation state", that even considers digital land, and use various tokens for different levels of governance.From a political and/or business perspective, would you be interested in it?
The government shouldn't manage reputation, that's the same as a social credit score (which is just a system to game). Blockchain has lots of legitimate applications but that isn't one of them.
>>59616257It is the way to know who jeets or scams. Which is needed in crypto and WHY we have so many financial regulations in the normal market. So that does not really change anything.However, the ecosystem provides selective privacy which is in your control. Google or ask your favorite AI about Full Homeomorphic Encryption.
>>59616061no
>>59616061exactly what i've been looking forany chance its functional and not just hype
>>59616295>It is the way to know who jeets or scams.>creates a fresh virgin address that has no social credit scorewhat now, restrict everyone except preknown participants from doing anything?
>>59617929Yes it is. However you might not like the answer. But they are are serious.
>>59616061“Is on top 100” hello ESL retard. Post hand
>>59617934Ok i read some more, and there will be two categories. Tourists and Citizens (they use a branded name for those). I am sure they will be limitations on what each can do. However, there is granular privacy. Not sure how that will play out, but I see it as: You can send some data to someone. That someone will know the data, and that YOU are a real person, but it will not get any other data unless you approve it. Something like that.
>>59618223I am a retard on how privacy works with Fully Homorphic Encryption so I asked GrokFully Homomorphic Encryption (FHE) implements privacy by allowing computations to be performed on encrypted data without decrypting it first. This means that sensitive data can remain encrypted throughout its processing, ensuring that only the intended recipient can decrypt and see the results, while the server or any intermediary processing the data has no access to the plaintext information. Here are three use cases for FHE: Cloud Computing - A company might want to perform analytics on sensitive customer data but does not want to share that data in its raw form with the cloud. With FHE, the company can encrypt the data before sending it to the cloud, where computations like statistical analysis or machine learning can be performed on the encrypted data, ensuring privacy. Healthcare Data Analysis - Useful in healthcare for maintaining patient privacy while allowing for medical research. Encrypted medical records can be analyzed to find patterns or perform research without revealing individual patient details. For example, a hospital could encrypt patient data and send it to a research institution where the encrypted data is analyzed for trends in disease progression without compromising patient identities. Secure Voting Systems - In electronic voting systems, FHE can ensure that votes are tallied correctly while maintaining voter privacy. Votes can be encrypted before being submitted, and the tallying process can be performed on the encrypted votes. This means that the system can count votes without knowing who voted for whom, thus preserving voter anonymity. The final tally can be decrypted to reveal the results, but individual votes remain confidential. This is crucial for maintaining the integrity and privacy of elections.
