(https://i.imgur.com/g8e8wXH.jpg) (https://medium.com/kucoinexchange/what-is-phala-pha-and-how-does-it-work-kucoin-crypto-gem-observer-bc9bad679f2c)
In recent years, privacy has been a recurring headline in the news. As more people come to understand what is happening to their data, they have been calling for changes and looking for alternatives to the mainstream conglomerates that prey on them.
In comes the blockchain: a system with innate security and privacy capabilities that some projects have been looking to utilize. Phala is doing just that, offering general-purpose confidential smart contracts for DApps and DeFi.
Details: https://medium.com/kucoinexchange/what-is-phala-pha-and-how-does-it-work-kucoin-crypto-gem-observer-bc9bad679f2c