Cardano founder Charles Hoskinson recently reacted to an article about romantic chatbots posing a privacy nightmare.
Cardano founder Charles Hoskinson recently reacted to an article about romantic chatbots posing a privacy nightmare.
According to the report, romance chatbots collect massive amounts of data, provide ambiguous information about how they use it, use weak passwords, and lack transparency.
“Midnight solves this” hoskinson he commented, referring to Midnight, an upcoming sidechain focused on data protection for Cardano.
Midnight’s primary focus is data protection, particularly the safeguarding of sensitive data, both personal and business, through the use of blockchain technology and cryptography.
Cardano Midnight sidechain application cases include identity verification, regulated access to tokenized digital assets, enhanced AI and LLM, decentralized credit scoring, anonymous voting, and more.
Midnight proposes to unite the concepts of DeFi and TradFi by using zero-knowledge cryptography. It will allow users to make selected data disclosures while meeting regulatory needs.
Midnight features smart contracts that allow individuals and companies to preserve data secrecy without sacrificing decentralization. Midnight’s smart contract model is applied to a variety of use cases, including traditional banking (TradFi) and decentralized finance (DeFi) applications, identity management, supply chain management systems, healthcare applications, and much others.
In Q4, several Midnight features and use cases were unveiled. Midnight uses a language intended to integrate with Typescript and is based on Substrate, a programming platform popularized by Polkadot. Since its creation in November 2023, the initial devnet has onboarded more than 600 development teams.
