⚡️ Scalable ZKP Blockchain
Our next pick is a cutting-edge blockchain technology focusing on scalability, speed, and low-cost transactions.
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While the inherent transparency of blockchains provides an advantage in many situations, there are also a number of smart contract use cases that require privacy due to various business or legal reasons, such as using proprietary data as inputs to trigger a smart contract’s execution.
A growing method for ensuring privacy on public blockchain networks is the use of zero-knowledge proofs (ZKPs). This cryptographic technique allows one party to prove to another that they have knowledge of specific information without disclosing the actual details of that information.
Zero-knowledge proofs were first described in a 1985 MIT paper from Shafi Goldwasser and Silvio Micali where the authors demonstrate that it is possible for a prover to convince a verifier that a specific statement about a data point is true without disclosing any additional information about the data:
Furthermore, the fusion of zero-knowledge principles with Artificial Intelligence (AI) holds immense potential, allowing AI models to be employed without the need for on-chain execution.
Our next pick is building a cutting-edge blockchain technology focusing on scalability, speed, and low-cost transactions.
Now let’s tell you which project we are talking about and share the full investment case with you: