It's said that data is the new oil, which is true!

Most of the data recorded cannot be revealed. Obtaining valuable insights from the data, taking action on the basis of that data, or simply computing over that data is not possible as we are not allowed to operate on sensitive data. An entity needs to take thousands of regulations into consideration before doing that! This prevents many ops that could be driven by data!

SAME WILL THE CASE WITH WEB3

With inc TPS in new VM design-based BC, which inherently improves the computation speed of these distributed ledgers, more data is processed from users. Our way of perceiving blockchains has always been that everything is public, and every computation should be public.

User info brought in doesn't need to be made public to the whole world. FHE allows us to compute the data exactly, but the I/O is enc. This doesn't prevent the computation of the data and the result of the chain.

So, we can unlock the value inside the data by persevering in privacy and security.