Eran Barak, CEO of Shielded Technologies, pointed out that in the era of artificial intelligence, blockchain privacy tools such as zero-knowledge proofs will become increasingly necessary to protect users' online data. Shielded Technologies is the developer of the Midnight privacy chain.
During an interview with Cointelegraph at the 2025 Consensus Conference, Barak stated that enterprise service providers and centralized servers could become targets for AI-assisted hackers and malicious actors looking to steal data, including private keys, financial metadata, medical records, and more.
The rewards for attacking centralized entities are enormous, thus hackers are more motivated to target those containing large amounts of valuable records. Barak believes that zero-knowledge proofs can effectively address this issue:
"Blockchain enhances global cybersecurity because hackers need to crack individual wallets to access actual data, and the rewards are far less than cracking a target containing millions of records."
As the demand for metadata masking by AI algorithms increases, major institutions are demanding privacy tools as a prerequisite for launching their businesses, and privacy solutions have become a focus for many Web3 developers.
Related Reading: The EU plans to ban anonymous crypto accounts and privacy coins by 2027
Cardano Founder Predicts Multi-Chain Airdrop
At the 2025 Consensus Conference, Cardano co-founder Charles Hoskinson announced an upcoming airdrop of Midnight tokens to users holding tokens such as AVAX, XRP, BTC, and BAT. Midnight is a collaborative chain on the Cardano network.
Hoskinson stated that the multi-chain airdrop will promote industry unity through collaborative token economics, saying, "In these divided times, we have the opportunity to reunite, and the industry truly needs such opportunities."
Barak also revealed to Cointelegraph that Midnight plans to invite users from the entire Web3 ecosystem to mine Midnight tokens after the initial multi-chain airdrop.
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