Financial Privacy Enhancing Zero Knowledge Proofs or ZKPs Not Ready for Integreation with CBDCs, Bank of Canada Claims
Zero-knowledge proofs (ZKPs) and other cryptographic techniques for enhancing privacy on blockchain networks are still in their early stages of development, according to the central bank of Canada. The reserve bank said that ZKPs may not be integrated into central bank digital currencies (CBDC) just… Read More
Read more in: Canada, Blockchain & Digital Assets, Fintech | Tagged bank of canada, cbdcs, central bank digital currency, distributed ledger technology, dlt, financial privacy, privacy protocols, user privacy, zcash, Zero Knowledge Proofs, zkps