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Taking Privacy Back With Blockchain/Crypto

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Taking Privacy Back With Blockchain/Crypto

For those of you 35 years old and above you know that there was once I time when you had some rather decent privacy. Warrants would have to be issues to pull information and there were laws and rules in place that made it so your privacy was respected.

All of that has completely gone out the window after 2001 via an executive order and the integration of social media. Now everywhere you look your information is being fully tracked, recorded and no warrants are needed. Information on you and your digital footprint can be accessed at any time.

It's actually a scary thing and one that the crypto world is addressing. Tokens such as Zcash and Monero have taken the front line in this but today I want to talk about another privacy focused token that I believe could very well grow and build to new highs because of its privacy focus. I believe this area of crypto is going to become more and more sought after as exchanges and governments start slamming people with KYC and full tracking of everything.

Findora

Findora is a privacy focused blockchain which gives the possibility for users to share information without showing it.

Findora recently was funded 100 million to be used for R&D (research and development) for applications, infrastructure (staking) and liquidity.

Zcash and Monero focus on total anonymity while Findora issues out selective disclosures agreements which allows for third party audits.

The other big thing about Findora is it's a layer one blockchain much like Ethereum in which layer two tokens can be built upon it thus expanding the demand and ecosystem for Findora.

DeFi Main Primary Focus

For Findora DeFi seems to be the logical first push which would allow for privacy but still the ability to track and provide information that is needed. This programmability of Findora is focusing on decentralized applications DeFi that allow them to create their own tokens and also integrate stablecoins into the mix.

To me this is the next step forward as increasing oppressed pressure comes from government the blockchain technology opens the way to protect the rights of people and give them a equal playing field in a world that has become more and more disconnected from the top and bottom. Middle classes have pretty much been wiped out and more begging of the government has been happening instead of people taking action for themselves.

Staking

Staking also looks to be one of the main focuses they are currently working on. This blockchain is still rather new however the funds and vision for it seem very promising.

Have you looked into Findora yet? what are you thoughts on the project?

Posted Using LeoFinance Beta