Tagged: zkps

LatAm based Crypto Firm Bitso Advances with ‘Test that Matters,’ Makes Initial Results Available to Public

Bitso, the crypto-powered financial services company in Latin America, today made public the progress of its “Proof that Matters” with which it “shows its solvency with cryptographic technology in all Bitcoin and Ether assets held on its platform, through the Zero-Knowledge Proof developed by Proven… Read More

DLT, Web3: NEAR Selects Wormhole as Bridge, Launches Cross-Chain Communication with Ethereum

Wormhole Foundation announced that Wormhole has been selected as the next official bridge for NEAR. Wormhole will launch the first trustless NEAR <> ETH corridor powered by Zero Knowledge (ZK) Proofs. This corridor will enable all major NEAR assets “to be seamlessly bridged to the… Read More

Jens Groth, Cryptographer and Principal Researcher at DFINITY, Receives the IACR Test-of-Time Award

Jens Groth explains that zero-knowledge proofs “allow you to prove a statement is true without revealing anything else but the fact the statement is true.” He also pulls out a deck of cards “to illustrate what he means by this.” He adds: “Let’s say I… Read More

Zero-Knowledge Privacy, Compliance Protocol Elusiv Launches on Solana Mainnet

Following a $3.5 million seed round in November, Elusiv has developed rapidly to make privacy in Web 3 practical. Recently, the protocol launched on Solana Mainnet, bringing “a suite of zero-knowledge encryption features to the Solana ecosystem that overcomes a central Web3 pain point: Ensuring… Read More

Polygon Introduces Web3 ID, which Reportedly Keeps Personal Details Private

The Polygon Network, a decentralized app (dApp) layer for Ethereum, has announced that “Polygon ID”, one of the first identity platforms powered by zero-knowledge (ZK) cryptography — privacy, and blockchain scaling technology, will be “ready before the year ends.” The blockchain-enabled ID for decentralized and… Read More

Binance Labs Invests in Substrate Framework Powered Manta Network for Web3 Privacy

Binance Labs, the VC and innovation incubator of Binance, made an investment in Manta Network, the Web3 privacy protocol focused on privatizing crypto-assets. Manta Network’s layer-1 network design “leverages zero-knowledge proofs to privatize crypto assets.” Built with the Substrate framework, Manta’s privacy tech interoperates with… Read More

ZkLink Teams Up with Marketplace for Financial NFTs, Pledge Finance

Pledge Finance, the platform for long-term, fixed-rate cryptocurrency-based loans, is pleased to confirm a partnership with zkLink, a provider of secure cross-chain token swaps “powered by zero-knowledge proofs.” As mentioned in an update shared with CI, the partnership will allow Pledge to “integrate with more… Read More

EY Contributes Zero Knowledge Proof or ZKP Layer-2 Protocol for Addressing Rising Ethereum Transaction Costs

Big Four auditing firm Ernst & Young (EY) has contributed a zero-knowledge proof (ZKP) layer-2 protocol into the public domain in order to help with addressing rising transaction costs on the Ethereum (ETH) blockchain network, the world’s largest smart contract platform. The protocol has been… Read More

Switzerland based Digital Asset Fund Dialectic Makes Strategic Investment in Suterusu, a Layer-2 Privacy Protection Protocol

Suterusu, the first layer-2 privacy protection protocol that doesn’t need a trusted setup, has reportedly received a strategic investment from Dialectic. Dialectic’s management noted that they’ve been quite impressed by Suterusu’s ability to adapt and evolve the protocol “very quickly.” As a multi-chain “Maximalist,” Dialectic… Read More

Ontology Founder Li Jun Explains how Blockchain and Self Sovereign ID Solutions can Protect Users’ Privacy Online

Li Jun, Founder of Ontology, recently commented on how Self Sovereign Identity solutions will reshape or transform how we share data via the Internet. Jun notes that each time you get on the internet, you’re adding your digital identity and are also creating a “virtual… Read More

New Ethereum Smart Wallet from Loopring Feels like Traditional Fintech Apps but Also Self-Custodial and Privacy focused

The developers at Loopring, which allows anyone to create “high-throughput,” non-custodial, orderbook-based exchanges on Ethereum by leveraging Zero-Knowledge Proofs or ZKPs (for financial privacy), have introduced a beta version of the Loopring Wallet – which is notably the first Ethereum smart wallet with built-in zkRollup… Read More

Blockchain Infrastructure Developer Bison Trails will be Powering ZKValidator, which will Operate Cosmos, Polkadot Validator Nodes

Bison Trails, a major blockchain infrastructure-as-a-service firm, revealed on September 24, 2020 that it will be powering ZKValidator, which aims to support privacy and zero-knowledge research by operating community-focused public (transaction) validators on leading proof of stake or PoS protocols such as Cosmos, Polkadot, Kusama,… Read More

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

Spanish Financial Giant BBVA Teams Up with IMDEA Software Institution to Conduct Research on Zero-Knowledge Proofs to Enhance Financial Privacy

The Banco Bilbao Vizcaya Argentaria (BBVA), a Spanish multinational financial services company based in Madrid and Bilbao, Spain with around €700 billion in total assets, has teamed up with a local research center, called the IMDEA Software Institution. The BBVA noted in a release that it… Read More

Digital Bank WeBank to Explore Using DAML, an Open-Source Smart Contract Programming Language for Meeting Regulatory Requirements

WeBank, one of China’s first all-digital challenger banks, has revealed that it will begin exploring  the potential integration of DAML, which is an open-source smart contract programming language developed by Digital Asset (the company). The DAML software has been developed in order to help software… Read More

Dr. Xiang Xie: Algorithm Scientist at PlatON, a Global Trustless Computing Network, Discusses Impact of Lattice-based Cryptography on Digital Asset Platforms

We recently caught up with Dr. Xiang Xie, Algorithm Scientist of PlatON, a globally accessible “trustless” computing network, which recently revealed that it co-organized and supported the second iteration of the “Crypto Innovation School” (CIS). CIS is reportedly accredited by the International Association for Cryptologic… Read More

Send this to a friend