"In the 90s, every company had an Intranet because the Internet wasn't secure." "Today, Intranets are dead. Permissioned blockchains are facing the exact same extinction event." "The only reason institutions use private networks is a lack of privacy on public ones." "Once technologies like FHE bring encryption to the public ledger, the 'Private Blockchain' becomes an obsolete relic." Rand Hindi on why FHE is the HTTPS moment for blockchain.