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We spoke with Pedro Gomes from WalletConnect regarding their relationship with Pillar and how that helps shape the future in the blockchain and crypto space.
The goal of the Pillar Project is to return control over personal data back to its rightful owner – you.
Starting with an open-source wallet to store, transact, and track cryptocurrencies and tokens, the Pillar Wallet will evolve into a decentralized, personal data-management platform.
Our data is getting more concentrated in the hands of a few large institutions while the threat of corruption, theft, sale, and loss grows. This is a security risk.
We rely on centralized institutions to store important data:
Pillar is developing a decentralized solution for data management.
Starting with a mobile wallet to manage cryptocurrencies and tokens, the Pillar Wallet will evolve to include the services you’re used to on the internet like e-commerce, publications and more.
Currently, such platforms act as a custodian of your personal information, storing it on centralized servers.
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