#真实世界资产代币化 I really agree with this view from a16z crypto. Privacy is still not discussed enough in the Web3 space, but it is truly a major issue.

Imagine why traditional finance can operate relatively smoothly? To a large extent, it's because of privacy protection—your account information and transaction records are not visible to everyone. But on most blockchains, all transactions are transparent, which is a nightmare for on-chain real-world assets. Businesses and individuals are not willing to fully disclose commercial data or financial information on the blockchain.

This is why privacy has become a moat in the crypto field. When we truly want to bring the financial system on-chain and make RWA (Real World Asset Tokenization) a reality, privacy technology is like a key—without it, the door simply won't open. Projects that genuinely solve privacy issues will have the opportunity to capture most of the market share because they address a fundamental need.

So I am now paying special attention to developments in the privacy track. These projects are not just hyping concepts but are building infrastructure. In the future Web3 world, privacy and decentralization will become the underlying logic together, and this trend is already very clear.