In the wake of the most recent Facebook data breach, public awareness of data privacy issues is clearly on the rise. Both individuals and companies are increasingly interested in digital solutions that will afford them greater levels of privacy.
For companies building on blockchain, privacy-oriented blockchains like Horizon are becoming more attractive than ever. As a result, privacy-focused projects across the board are going to gain a lot of steam in the next year.
But, as weve discussed previously, regulators arent fans of digital privacy and they try to obstruct this wherever they can. While regulators may not be able to completely strip anonymity out of crypto projects, they will be able to lay down even stricter KYC and AML standards and penalties to pressure projects into cooperating.