The importance of decentralized privacy in web3 and blockchain with Orchid Lab's Steven Waterhouse

The importance of decentralized privacy in web3 and blockchain with Orchid Lab's Steven Waterhouse

Seven discusses the importance of privacy in decentralized web3 and blockchain systems as well as his illustrious career as a digital asset investor and founder

Orchid Labs is a decentralized marketplace and virtual private network (VPN) provider. Steven, who goes by Seven, holds a PhD in Engineering from the University of Cambridge and worked previously at Sun Microsystems. Today, he's an active web3 investor and served as a partner at Pantera Capital, where he focused on blockchain investments. Additionally, he led the Digital Currency Fund at Fortress Investment Group and currently holds the position of CTO and venture partner at Fabric Ventures.

Backed by Polychain, a16z and Sequoia Capital, Orchid initially started as an open-source, decentralized marketplace for bandwidth in 2017, with a strong emphasis on privacy. Under Steven's leadership, the team has since identified new areas for expansion. This month, they are announcing a DePIN initiative.