Fintech News Desk
From logistics companies to banks and healthcare providers, organizations across all sectors are looking to embrace blockchain technology. Its core advantages—transparency, automation, and asset tokenizations–promise to streamline operations, reduce dependence on intermediaries, and unlock new models of ownership and finance.
Despite this promise, adoption tends to be limited due to privacy and compliance concerns. Public blockchains, by design, expose data to all network participants, posing risks for enterprises that handle sensitive information such as customer identities, transaction details, and secretive business logic. To overcome this, many organizations seeking blockchain efficiency have turned to private (permissionless) blockchains where access is restricted and control is centralized.
While this approach allows for better data protection and security that institutions and enterprises demand, it results in systems ultimately becoming isolated from other platforms and networks. This ends up costing organizations more with expensive integrations, duplicated infrastructure, and missing out on collaboration opportunities with external organizations.
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Essentially, this private-public blockchain tradeoff undermines the technology’s benefits by forcing organizations to choose between privacy and security on the one hand, or interoperability and openness on the other.
Applied Blockchain, a pioneering development studio specializing in blockchain and privacy technologies, offers a promising solution to break this deadlock by launching Silent Data, a privacy-enabled Ethereum Layer-2. Silent Data provides a new way for organizations to run blockchain applications without exposing sensitive information. The platform is designed to scale: from global enterprises and financial institutions to tokenisation and Web3 startups. It allows organizations to control how data is shared, with whom, and when—all while maintaining performance, scalability, and regulatory alignment.
Applied Blockchain’s CEO and founder, Adi Ben-Ari, explained: “Silent Data gives businesses the tools to safely leverage advances in blockchain and increased security in data privacy.”
By combining the interoperability and verifiability of public chains with the control, confidentiality, and performance of private infrastructure, Silent Data grants organizations the sought-after confidence to build blockchain-based applications. It achieves this by operating within a Trusted Execution Environment (TEE) to ensure sensitive data remains protected and accessible only to authorized parties.
Access is strictly governed by standard Solidity (EVM) smart contracts, allowing only approved entities to view specific data under specific conditions. This degree of programmable privacy gives organizations full control over their data without compromising on performance, scalability, or compliance.
Silent Data was launched with an accompanying library of ready-made, privacy-enabled blueprint applications to help organizations streamline their deployment.
“Silent Data removes long-standing barriers to adoption and helps organizations launch scalable, compliant applications that protect what matters most: their data,” adds Ben-Ari.
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