Privacy-preserving technologies are about to have their hockey-stick moment (tech.eu)
TLDR; Summary
- Deeptech startups account for 20% of venture capital investments
- Deeptech startups spend considerable R&D resources to solve difficult scientific/engineering problems
- Privacy-preserving technologies are a key area of deeptech
- Trends in cryptography in 2024 include:
- Heightened awareness and demand for data privacy
- Regulatory pressures and compliance requirements
- Technological advancements and challenges
- Investor recognition of long-term potential
- Privacy tech is viewed as a fundamental requirement for future technological advancements
- Investments in privacy tech are driven by the risks associated with privacy breaches
- Consumer demand for privacy-focused products and services is increasing
- Europe's strong regulatory framework for data protection has positioned it at the forefront of the privacy tech industry
- Emerging technologies in privacy and