Reclaim your privacy with Blank
Overview
Altcoin markets have experienced a remarkable paradigm shift that challenged users’ perception towards the way financial operations are done. Even though the concept of avoiding centralised parties has been around since the inception of Bitcoin, the DeFi market bloom in 2020 demonstrated that it can be done not only in theory, but can be put into practice.
According to DeFi Pulse, the Total Value Locked (USD) in DeFi has been hitting ATHs almost daily since the Q2 of 2020. As with any new movement, DeFi space has seen some skepticism, but an ever-increasing number of locked wealth suggests an undeniable trend.
When one thinks about the values and beliefs behind blockchain technology, it’s evident that transparency and immutability go hand in hand for all dominant blockchains.
Immutability, the original value proposition of blockchain technology, is still the leading benefit sought after by the public, when participating in any DeFi activities.
Transparency, on the contrary, is not as cherished: if given the option, consumers choose to remain anonymous over revealing themselves and their wealth.
Observing the issues in the DeFi space, a demand for anonymity is clear: BitMEX website visits in 2020 indicate a clear correlation between the desire to remain anonymous when proceeding with trading activities: after the Aug 14th 2020 announcement of mandatory KYC, website visits dropped 35% from 5.3 million visits in August 2020 to 3.4 million visits in October 2020, and hasn’t reached highs ever since.
With today’s existing solutions, users must either experience friction or deal with centralised entities if they wish to remain less transparent and anonymous when participating in DeFi ventures.
Blank wallet fights both friction and centralisation
Blank believes everyone should have rights to their privacy. Privacy shouldn’t be “opt-in”, rather it’s something you could occasionally “opt-out” on your free will.
What is Blank?
Blank is the most private, non-custodial Ethereum browser wallet.
Blank uses smart contracts that allow users to hide the amounts and origins of cryptocurrency held, in a decentralized and frictionless manner.
Each time you want to make a withdrawal, Blank will create a new wallet address for you with the amount of crypto that you requested, which originates from the smart contract where everyone’s funds are pooled.
