With (FHE), we can bring privacy to existing applications and enable entirely new applications across finance, prediction markets, machine learning, and much more. To create privacy-preserving applications, we need a concept of "verifiable hidden state" so that users can protect their individual data while still allowing that data to be used in an application (e.g. trading, matching, prediction). Threshold FHE accomplishes exactly that. Using this technology, program inputs can be hidden from everyone.