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Honestly, the more you understand FHE technology, the more you realize its necessity. Why do major institutions hesitate to engage with public chains on a large scale? Essentially, it's a data security issue—putting data on the chain equals exposing raw data, which is unacceptable for institutions.
The emergence of FHE (Fully Homomorphic Encryption) has completely changed this situation. It allows data to participate in computations directly while still encrypted, perfectly aligning institutional privacy needs with the transparency of public chains. This is the real breakthrough.
Projects like Mind Network are doing exactly this—serving as a bridge for institutions to enter Web3. They package cutting-edge privacy technologies like FHE into usable infrastructure, providing traditional finance with practical on-chain solutions. Once infrastructure projects create network effects, they tend to enter long-term growth phases. The key now is to hold on and wait for the market to recognize it.