Develop a privacy solution to store encrypted data on the blockchain, including user information and personally identifiable information (PII), using Afloat's Substrate pallet.

[tlacloc]

Task

Develop a privacy solution to store encrypted data on the blockchain, including user information and personally identifiable information (PII), using Afloat's Substrate pallet.

Description

As a privacy-focused blockchain platform, Afloat requires a robust solution for storing sensitive data on the blockchain in an encrypted form. The solution should enable us to store user information and PII on the blockchain securely while maintaining the privacy and confidentiality of the data.

The pallet should be designed to work seamlessly with other Afloat Substrate pallets and be easily integrated into existing Afloat blockchain applications.