News At the Consensus 2019 Consensus Conference, Deloitte (Deloitte) blockchain expert Tim Davis said that the cryptocurrency Zcash will be difficult to develop long-term use cases and is already an invalid project. It believes that Zcash's "inherent flaws" stem from the way it is set up, and too much trust depends on the effective execution of Zcash's secure multi-party computation (MPC). It is too risky for the company as well as the players to use a network where someone might leave a back door. At the same time, the current valuation of Zcash in the market is actually misleading. Also, on the privacy issue as a whole, Tim Davis said that while permissioned blockchains such as R3's Corda platform have garnered more and more attention over the past year or so, businesses "introducing privacy features will create a risk for regulators." Institutions create problems, and they create chain problems.” (Crypto Briefing)