TL;DR
With DeFi and DAPPs gradually penetrating into people’s daily life, privacy problems are becoming prominent. Tusima, as a blockchain platform with a privacy protection function, will develop a private transaction network with zero-knowledge proof, TEE, and other privacy computing technologies to effectively tackle the challenge of lack of privacy faced by users.
Although blockchains are frequently associated with anonymity, they only give pseudonym protection rather than true privacy protection. Transaction records on the users’ addresses are openly transparent and permanently stored, and anyone can analyze a great deal of valuable information from these data. This level of privacy protection is even less than that of a centralized bank or financial institution.
The lack of privacy on the chain obviously hinders the application of blockchain, which leads to the inability of the chain to interact with the real world on a scale. To get out of this dilemma, the first step is to solve the privacy problem of the transactions.
Tusima is a blockchain platform that applies privacy computing technology to build a high-performance and secure network to provide privacy protection services for various DAPPs and even public chains.
When it comes to private transactions, many people will first think of negative scenarios such as money laundering, the dark web, and drug dealing, but this is actually a cognitive bias.
According to an analysis of bitcoin transactions from Chainalysis, only 8.1 percent of coins in private transactions are related to theft, in addition to 2.7 percent of coins used in the dark web market, which means that the so-called Gray Zone does not account for much in practice.
The graph shows that private transactions are mainly from exchanges, mining pools, and ordinary peer-to-peer transactions. In other words, the vast majority of users who employ private transactions are motivated by privacy concerns, not by illegal activity.
As DeFi evolves, Tusima, as a privacy infrastructure, can be integrated into a variety of DeFi scenarios to provide people with privacy transaction services, such as trading, lending, and auction scenarios in DeFi, or providing private transactions in combination with Uniswap and Sushiswap, as well as private lending in combination with Compound.
The traditional financial industry is also an important application scenario for Tusima. Due to the economic interests and competitive nature involved, financial institutions often require a high degree of privacy protection for user policies and information to ensure fairness and security of the transaction process. In these huge cash flow applications, Tusima will be able to implement functions such as payment and settlement through smart contracts with privacy protection.
And when DAPPs are really integrated into people’s daily life, privacy protection will become more indispensable. For example, in healthcare, from patient consultation records to treatment and other data, hospitals, insurance companies, pharmaceutical companies, etc. need to strictly follow the privacy protection principle; in the GameFi field, it is usually necessary to build a token system that is easy to circulate, trade and settle, while protecting players’ transaction data. Tusima will serve as a private transaction infrastructure for the entire DeFi ecosystem, providing complete privacy protection for these scenarios.
In addition, there are many industries involving sensitive data of digital assets, such as the insurance industry, futures trading, credit industry, etc., which need to build a decentralized transaction system to guarantee privacy, and Tusima can just help users out of privacy problems on the chain.
Official website: https://www.trias.one
Whitepaper: https://www.trias.one/whitepaper
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Discord: https://discord.gg/uSHpezwKWZ
Notion: https://www.notion.so/Trias-62b0088a57a74c62b22099206464426d
Trade on Pancake: https://triaslab.medium.com/how-to-buy-trias-on-pancakeswap-d9bd1628e69f
