Zama CEO Slams "Insane" KYC Rules, Backs Privacy Tech in Shiba Inu Ecosystem š
Zama CEO Rand Hindi has called current KYC (Know Your Customer) rules āinsane,ā warning they put user privacy at riskāespecially after recent data breaches.
He advocates for technologies like Full Homomorphic Encryption (FHE) and Zero-Knowledge Proofs, which can verify identity with confidentiality.
Through a partnership with Shiba Inu, Zama is integrating FHE to protect user privacy and enable secure, confidential interactions in the ecosystem.