EthSystems Targets Banks With Privacy Tools for Public Blockchains

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EthSystems, a startup that recently spun out of the Ethereum Foundation, is focused on developing privacy infrastructure for banks and financial institutions. The company believes that robust privacy solutions are the critical missing piece preventing traditional financial players from adopting public blockchains. By addressing these privacy concerns, EthSystems aims to bridge the gap between legacy finance and decentralized public networks. The startup's formation marks a strategic effort to make public blockchain technology more viable for regulated industries.

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