Fabric Cryptography, a hardware startup by MIT and Stanford dropouts (and married couple) Michael Gao and Tina Ju, wants to make modern cryptographic techniques like zero-knowledge proof (which lets you prove things without giving up exactly what you know) and fully homomorphic encryption (which enables you to work with encrypted data without decrypting it) ubiquitous. This, the co-founders argue, will ease what they see as a fundamental tension between trust and privacy in an age where companies gather increasing amounts of data about consumers, yet are also increasingly unable to safeguard this data.
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