Review on Origo by Robiul Islam
Privacy Preserving Platform for DApps.
It boasted of a huge potential. It is no secret that privacy protection is a key requirement and privacy protection technology is worthy of further research and development.
The idea of protecting people's privacy online is not new, but its false competitive advantage lies in its approach. This is especially attractive to financial companies, who use a zero-knowledge proofing method to encrypt user-side smart contracts so that nobody has access to important personal information.
Both teams need to move fast in product development to gain community support and compete effectively with other similar projects.
Pros
- The platform allows one to exchange assets on a contractual basis without disclosing the identity of the assets being exchanged to the public.
- Insurance companies can leverage this platform to keep insurance contract details private, including personal information, health status, and insurance.
- Using its contracts, employers will be able to run paychecks with stocks, rates and benefits, as well as employees, without having to disclose any details.
- Buyers can receive the products from the supplier based on the price and quantity set out in the contract and keep all the details from the public.
- This allows IoT data to be personally processed without revealing the details of the data owners, location, etc.
Cons
- Although the projects seem feasible, but development quite long, which is concerning.
