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Privacy-Enhancing Technology

Definition

Privacy-Enhancing Technology, or PET, encompasses a range of tools and techniques designed to protect personal data and user privacy during data collection, processing, and sharing. These technologies allow for the use of data while minimizing or eliminating the exposure of sensitive information. Examples include zero-knowledge proofs, homomorphic encryption, and differential privacy, which enable computation or verification without revealing underlying data. PETs are becoming increasingly vital in digital asset systems to balance transparency with individual confidentiality.