Randhindi—the founder of Zama—just had an interesting conversation with the team behind a famous cold wallet.

This name is probably familiar to everyone—one of the most trusted hardware security solutions in the market. What’s special is that they are extremely impressed with the fully homomorphic encryption technology, (FHE), that Zama is developing.

During the exchange, there was a rather profound statement: “Privacy is a part of freedom.” It sounds philosophical, but it’s actually very practical in the current Web3 landscape.

When hardware giants start paying attention to on-chain security solutions like Zama, perhaps the privacy tech industry is entering a new phase. FHE technology allows encrypted data to be processed without decryption—it sounds a bit sci-fi, but this is a real direction for DeFi and applications that need to protect user data.

The market is gradually realizing: it’s not just about securing wallets, but also about ensuring privacy in every transaction.