Addressing Institutional Concerns with Midnight

So what is the most memorable concern and objection you have heard and how did you answer it on the spot? One of the big learnings of the education that we're finding is actually we're trying to explain from the rational privacy side but actually we're working with the regulators and we're speaking to them around we're telling you how we're doing things differently. We're telling you how in the Web3 industry how Midnight is solving the compliance issue for a lot of regulators that thing well we want to help we want to adopt technology but we can't because we're not facilitating. So I think from that perspective it works really really well. Additionally though that you know when you speak to the regulators again to understand the difference between a privacy layer versus a privacy coin and what the information means there's a big education piece which is what we are also doing additionally to the institutional adoption and we speak to the institutions that are sort of driving that forward. So yeah there's quite a that's probably from our perspective it's the biggest question we have a lot of the big institutions like well how do we enable at least the regulators to come in? How do we enable the access to our without giving away our secrets to prove to the regulators we're doing things correctly? How do we prove the fact that we're market neutral for example? There's a lot of proof that goes around and that's the biggest question that we find and it's the education part of like well we're not you know we're a god and we have this flexibility around the customization for it. So I think that's the biggest one we're finding today.

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