The privacy advantage brought by decentralization is tried to be preserved. He formed an alliance focused on raising awareness of the need for data privacy in the wake of US sanctions on crypto mixer Tornado Cash, and a Universal Privacy Alliance (UPA) to support its mission.
Many Web3 companies have joined this alliance, including p0xeidon labs, Nym Technologies, Secret Network from SCRT Labs, Orchid, Railgun, Status and Oasis Network.
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The group noted the following in its statement:
“The Universal Privacy Alliance (UPA) aims to protect privacy regardless of blockchain or technology stack. The main goal is to lay the foundation for privacy at the local level, thereby providing the security and democracy needed for the faster development of emerging technologies.”
The alliance also announced the UPA Legal Defense Fund, saying it will support the goal of “defending the right to test, build and use full-stack privacy technologies.”