A number of companies working on blockchain and web3 have formed the “Universal Privacy Alliance”.
Between them nym, Protocol Labs, filecoin Foundation, oasis And Aztec Blockchain companies, includingUniversal Privacy AllianceHe launched a formation under the name “.
In the beginning stages 150 thousand dollars alliance that will have a capital, digital security And data privacy will conduct studies on it. In addition to these studies, web3 data privacy issues To bring a worldwide standard action will be taken.
The Universal Privacy Alliance, touted as an important step towards protecting digital privacy on Web3, from members’ resources And from their expertise woundrHe will try to do what has never been done before.
It was stated that the alliance is open to other companies and individuals who share the same opinion, and that work will be carried out with policy makers and regulators to ensure that the process proceeds in a responsible and ethical manner.
Making a statement on the subject Nym CEO Harry Halpin said, He argued that user privacy is a very important and critical point:
Privacy is as important online as it is offline, but many of today’s dominant internet platforms prioritize surveillance and data collection over people’s fundamental rights, and as the digital landscape expands, the need for accessible and secure privacy technologies becomes imperative.