Wednesday, November 20, 2024
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Polygon Rolls Out Zero-Knowledge Privacy-Enhanced Identification Product

Polygon specializes in scaling solutions for the Ethereum blockchain, including the popular Polygon PoS sidechain. According to the company, the new Polygon ID “toolset can be used by developers to unlock features such as an enhanced signup user interface, assist in regulatory compliance, help verify user identities and restrict access

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European Union discusses using zero-knowledge proofs for digital IDs

The European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the first place in the world to apply strict data protection regulations. On the other, its central bank digital currency (CBDC) project lacks the anonymity standards of private cryptocurrencies. Nevertheless, last week the

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The =nil; Foundation Says Its New Software Is Rocket Fuel for Zero-Knowledge Developers

LLVM, which stands for “low-level virtual machine,” refers to a set of open-source code libraries that developers use to “compile” their human-readable code into a format that can be interpreted by a computer. Building off the LLVM project, “we built a compiler from mainstream languages that are already known to

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Polygon tests zero-knowledge rollups, mainnet integration inbound

Ethereum layer-2 scaling protocol Polygon (MATIC) is carrying out performance testing of zero-knowledge rollup (zk rollups) technology ahead of full integration with its mainnet.The development of the technology, called Polygon zkEVM (Ethereum Virtual Machine), has been ongoing for over three years by the Polygon Hermez team. The team has already

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Researchers use zero-knowledge to address privacy, AML concerns in stablecoins

Researchers from German crypto blockchain-based payments fintech etonec and other organizations have proposed using zero-knowledge proofs to ensure regulatory compliance and privacy in stablecoins. They have created a design that allows fiat-based stablecoins to be used like cash, within limits.The researchers’ design allows a number of limits, including on

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How does zero-knowledge proof authentication help create a portable digital identity solution?

Web engineers have been working for a long time to determine if there is a way to prove something is true without revealing any data that substantiates the claim. Zero-knowledge proof (ZKP) technology has enabled the deployment of cryptographic algorithms for verifying the veracity of claims regarding the possession of

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