With the arrival of the Niobium milestone, the Internet Computer Protocol (ICP) has made significant strides in its mission to elevate blockchain privacy to new heights. This milestone witnesses the implementation of vetKeys features, which are now live and available to all ICP-based developers. This upgrade opens the door to decentralized key management and on-chain data privacy, marking the beginning of the Internet Computer privacy era.
Blockchain is inherently transparent, which is ideal for integrity and availability. However, this poses a limitation for many real-world applications that rely on privacy (such as messaging, identity verification, healthcare, finance, governance, and gaming).