Maximizing Personal Freedom with Cryptographic Technology: The Vision Beyond L2 for a Borderless Economy—An Interview with Mai Fujimoto of INTMAX

2026/03/30 20:12
Editors of Iolite
Written by Noriaki Yagi
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暗号技術で個人の自由を最大化 L2の先に見据える、国境なき経済のスタンダード──INTMAX 藤本真衣インタビュー

Reclaiming Individual Sovereignty Through Technology: A Critical Mission

Summary

1. Building Next-Generation Payment Infrastructure with Privacy and Scalability

INTMAX combines stateless design with ZKP to achieve low-cost, high scalability. It differentiates itself as a privacy-focused, payment-specialized L2 capable of handling user growth and the transaction explosion in the AI era.

2. Realizing Borderless Value Transfer in a 'Stateless Economy' Complementing Nations

Proposing a new economic zone, the 'Stateless Economy,' INTMAX is constructing a global payment layer parallel to existing financial systems. It aims to be the foundation of a next-generation economy where humans and AI can freely exchange value.

3. Innovating with FHE and Wallets to Create 'Cryptographic Infrastructure for Everyone'

Through Fully Homomorphic Encryption (FHE), INTMAX provides a secure wallet experience without the need for key management. It aims to implement advanced cryptographic technology in everyday use, maximizing individual freedom and sovereignty.


── As Ethereum's roadmap progresses, competition among Layer 2 solutions is intensifying. How do you define INTMAX's position within the ecosystem?

Mai Fujimoto (hereafter, Fujimoto): On February 4, 2026, Vitalik Buterin posted that 'Layer 2 solutions lacking uniqueness and overwhelming scalability will have their existence questioned.' For us, it was an opportunity to reaffirm that our direction has been correct.

INTMAX is a 'payment-specialized privacy Layer 2' that achieves scalability without rising gas fees, even as the number of users increases. The key to this is 'stateless design.'

Currently, many Layer 2 solutions attempt scaling through data compression, but this leads to structural limitations where costs rise as user numbers and data volumes increase. In the future, not only humans but also AI agents will use the network, leading to an explosive increase in transactions.

As a fundamental solution, INTMAX adopts a stateless design that does not write user states on-chain. This allows for a next-generation payment infrastructure that can scale at low cost without the network state size ballooning, even as users increase.

── Does stateless design relate to privacy and individual freedom?

Fujimoto: Exactly. Traditional public blockchains emphasize transparency but face challenges in tracking assets and actions starting from addresses.

By combining stateless design with Zero-Knowledge Proofs (ZKP), INTMAX can mathematically prove transaction validity while concealing information such as 'who sent money to whom.' It is a system that maintains verifiability while protecting privacy.

We view privacy not as a special feature but as one of the fundamental rights in a digital society. Reclaiming individual sovereignty through technology is a critical mission for INTMAX.

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Iolite Vol.19

Iolite Vol.19

May 2026 issueReleased on 2026/03/30

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MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30
Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more