Oasis Labs
Published in

Oasis Labs

Privacy is critical to mass adoption of Open Finance

How Oasis Labs and the Oasis network can help expand adoption of DeFi and Open Finance

Privacy

  • In Collateralized Lending, privacy can be an enabler: the privacy-preserving version of a Collateralized Debt Position (CDP) can keep transactions private from whoever is not involved in the transaction, protecting the information around the actual participation of a company or individual in a system, and preventing manipulation such as front-running.
  • In Dark Pools, privacy can be a game-changer: money managers can protect their trades from the orderbook, hence preventing the competition from copying the strategy or the trade price to move as a result of the incoming signal.
  • For Stablecoins, privacy can solve the traceability-fungibility problem: a private stablecoin would enable businesses to protect their interests and relationships, which is key to large-scale business adoption.
  • Confidentiality of computation will protect developers from compliance issues: with more power moving from legal agreements to lines of code, the execution of programs within a secure and private environment will protect developers against potential compliance problems because of the guarantee that the data is exposed only to whoever is granted access to it.

Scalability

Composability

Identity & Reputation

Final thoughts

Work with us!

New to Open Finance? Some resources you may find useful

New to Oasis? Some resources you may find useful

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Luca Cosentino

Product Lead into #fintech, #crypto, #btc, helping founders. — @oasislabs , ex google, americanexpress, proctergamble