Enigma ENG Price 0.01605398

Enigma is a platform that guarantees privacy through secure multi-party computing. The data for secure computing is manageable since only the original owners of the data can see it. This represents a fundamental change in current approaches to data analysis. A pharmaceutical company can use genomic databases to find patients for clinical trials. The market would provide consumers with a new revenue stream, eliminate a lot of friction, and reduce the cost of attracting customers. Information such as medical and genomic records can be transmitted via the Enigma protocol, while users don't need to worry about identity or data leak. With Enigma, companies can use data for the same purposes as they do today, without actually storing or processing data on their server, eliminating security risks and ensuring the privacy of their customers. Employees can still use and analyze data, but they won't be able to steal it. Productivity within organizations will increase as more people will be able to access more data, and security costs will be lower. Even the vote count can remain confidential because of the confidentiality of each voter. If an election requires a majority of votes, but no details about the distribution, a unanimous decision will be indistinguishable from a decision taken by one vote. Catalyst allows traders to analyze trading data without having access to the data itself. Catalyst offers traders reliable and safe data. Catalyst is a centralized application, but Enigma is working on making it completely undefiled in the future. Participants can sell their medical records directly to pharmaceutical companies, receive money for this data and ensure that their personal information will never be leaked. Users will not have to worry about the credit company losing or misuse of their personal information. ENG is used as a pledge to guarantee the integrity of all network participants.