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Privacy-Preserving Blockchain Technologies

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The main characteristics of blockchains, such as security and traceability, have enabled their use in many distinct scenarios, such as the rise of new cryptocurrencies and decentralized applications (dApps). However, part of the information exchanged with the typical blockchains is public, which can lead to privacy issues. To avoid or mitigate these issues, some blockchains are applying mechanisms to deal with data privacy. Trusted Execution Environments, the basis of confidential computing, and secure Multi-party Computation are two technologies that can be applied in that sense. In this paper, we analyzed seven blockchain technologies that apply mechanisms to improve data privacy. We defined seven technical questions related to common requirements for decentralized applications and, to answer each question, we reviewed the available documentation and gathered information from chat channels. We briefly present each blockchain technology and the answers to each technical question. Finally, we present a table summarizing the information and showing which technologies are more prominent.

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Publication details

DOI
10.20944/preprints202305.1874.v1
OpenAlex
W4378602167
Document type
preprint
Language
EN
Source
Preprints.org
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