
Axial


Blockchains are bad at privacy by design This greatly limits the kinds of decentralized applications that can be built in every field, from finance to gaming to healthcare
Decentralized applications are difficult to use, and without privacy, many new problems are created for users trying to interact with these applications
Intensive and repetitive computations on blockchains are often far too slow and expensive to be viable
Current solutions for sharing data lead to centralized data silos that restrict value creation and create single points of failure
SCRT Labs is utilizing state-of-the-art privacy enhancing technologies, and in particular, Trusted Execution Environments (TEEs), combined with cryptographic protocols to build the world’s largest private computing ecosystem Based on cutting-edge research that started out at MIT in 2015, SCRT Labs today is a leading expert in building private computing (also known as confidential computing) solutions
SCRT Labs is a core contributor to Secret Network, the first blockchain with privacy preserving smart contracts
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