ZKP

Flash News: OKX Ventures Invests in Lumoz, an Innovative Modular Compute Layer and ZK-RaaS Platform

Retrieved on: 
Monday, April 8, 2024

SINGAPORE, April 8, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for April 8, 2024.

Key Points: 
  • SINGAPORE, April 8, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for April 8, 2024.
  • OKX Ventures Invests in Lumoz, an Innovative Modular Compute Layer and ZK-RaaS Platform
    OKX Ventures today announced its investment in Lumoz , an innovative modular compute layer and ZK-RaaS platform.
  • The company's modular compute layer is designed to mitigate the high computing costs associated with zero-knowledge proof (ZKP) computation, offering a cost-effective solution through its decentralized zkProver Network.
  • OKX Ventures Founder Dora Yue said: "Lumoz is revolutionizing the industry with its modular computing layer, channeling untapped computing power to drive Rollup development.

Clique raises $8M in Series A to revolutionize the way smart contracts access data

Retrieved on: 
Thursday, March 14, 2024

This latest funding round aims to power Clique's mission of enabling efficient and optimal compute resource allocation for applications that have different preferences.

Key Points: 
  • This latest funding round aims to power Clique's mission of enabling efficient and optimal compute resource allocation for applications that have different preferences.
  • To date, Clique has enabled over US$3,500,000,000 in on-chain transactions through the use of their protocol.
  • The Clique Compute Coordination Network organizes various off-chain compute resources, allocating them as needed by both general applications and smart contracts.
  • This allows applications to access different compute resources and data easily, with the ability to adjust for preferences around trust, privacy, performance, and cost.

ZeroBiometrics and ROC Announce Strategic Partnership: Joining Forces to Verify and Protect Identities Across the Asia Pacific

Retrieved on: 
Monday, March 18, 2024

DENVER and SINGAPORE, March 18, 2024 /PRNewswire/ -- ZeroBiometrics, a pioneer in decentralized and privacy-preserving biometric authentication, and ROC, a world leader in computer vision and multimodal biometrics, today announced the successful integration of ROC's next-generation facial recognition and liveness technology into ZeroBiometric's highly regarded ZeroPlatform product suite.  

Key Points: 
  • The move allows Asian and Pacific Rim businesses to verify, authenticate, and protect user identities with zero-knowledge proofs, guaranteeing the highest levels of security and identity assurance for financial institutions, government agencies, and beyond.
  • This includes the ability to verify identities without saving any information about what users look like, protecting their data and privacy.
  • According to NIST rankings, ROC is the #1 global face recognition provider in combined accuracy and efficiency.
  • "Our continued collaboration with ROC underscores our dedication to delivering the most advanced and privacy-centric biometric technology to our customers," said Alfred Chan, CEO at ZeroBiometrics.

QED Secures $3 Million in Funding to Propel Fully Trustless Zero-Knowledge Applications Across the Bitcoin Ecosystem

Retrieved on: 
Tuesday, February 27, 2024

Decentralized applications built on QED can locally prove transactions, providing users with unlimited computation for a fixed gas fee.

Key Points: 
  • Decentralized applications built on QED can locally prove transactions, providing users with unlimited computation for a fixed gas fee.
  • "Bitcoin has traditionally lagged behind other blockchain protocols due to its lack of support for smart contracts and decentralized applications.
  • "We're pioneering a new frontier for decentralized applications that can take advantage of the liquidity of $1.01 trillion and growing Bitcoin market cap."
  • "We thrive on supporting exceptional teams and QED stands out as one that will accomplish much for the Web3 ecosystem.

BSquared Network Announces Integration of Portal to Accelerate DeFi on Bitcoin

Retrieved on: 
Wednesday, February 28, 2024

SAN FRANCISCO, Feb. 28, 2024 /PRNewswire-PRWeb/ -- B² Network, the first Bitcoin rollup based on zero-knowledge proof verification, today announced a new integration with Portal, the first trust-minimized, Layer 2 cross-chain swaps that involve no bridges, custody or wrapping. The partnership will enable B² Network's native token and other BRC-20s and Bitcoin-based tokens from the B² ecosystem to be available in the Portal DEX Network and with other Portal ecosystem partners that integrate the Portal Swap SDK.

Key Points: 
  • "With our ecosystem tokens seamlessly available on the Portal DEX Network and partner marketplaces, we are one step closer to realizing our dream."
  • The network's vision is to accelerate innovation on the Bitcoin platform through the development of applications, such as DeFi, NFTs and other decentralized systems.
  • "Portal and B² Network are united by a common aim of providing tools to developers so they can build next-gen dApps on Bitcoin.
  • Portal partners utilizing the Portal Swap SDK, such as wallets, bridges and other protocols, will also have access to the B² Network of ecosystem-based tokens.

Flash News: OKX Ventures Invests in Pre-A Round for Trustless Computation Provider, Delphinus Lab

Retrieved on: 
Monday, February 26, 2024

SINGAPORE, Feb. 26, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for February 26, 2024.

Key Points: 
  • SINGAPORE, Feb. 26, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , has issued updates for February 26, 2024.
  • OKX Ventures Invests in Pre-A Round for Trustless Computation Provider, Delphinus Lab
    OKX Ventures today announced its participation in the pre-A round investment for Delphinus Lab , a trustless computation platform provider that aims to deliver a Zero-Knowledge WebAssembly (zkWASM)-based application rollup platform known as zkWASM Hub.
  • Delphinus Lab's product offers automated proving and batching services for application workloads, with the added flexibility of customizable WASM extensions.
  • In its continued effort to advance and innovate the original zkWASM implementation, Delphinus Lab intends to establish a zkWASM application communication standard within ZKWASMHUB.

LBank Exchange to List Panther Protocol's $ZKP on January 24, 2024

Retrieved on: 
Saturday, January 20, 2024

Road Town, British Virgin Islands--(Newsfile Corp. - January 20, 2024) - In a significant move for cryptocurrency enthusiasts, LBank Exchange, a premier global digital asset trading platform, will list Panther Protocol's $ZKP token on January 24, 2024, at 13:00 UTC.

Key Points: 
  • Road Town, British Virgin Islands--(Newsfile Corp. - January 20, 2024) - In a significant move for cryptocurrency enthusiasts, LBank Exchange, a premier global digital asset trading platform, will list Panther Protocol's $ZKP token on January 24, 2024, at 13:00 UTC.
  • Panther Protocol ($ZKP) is a cross-protocol layer that uses zero-knowledge technology to build DeFi solutions that aim to meet ever-evolving regulatory standards while satisfying users' on-chain data privacy needs.
  • Panther's goal is to enable seamless access to DeFi via a cross-chain-supported ZK compliance protocol.
  • The Panther Protocol offers confidentiality across transactions in shielded pools, zSwap for DeFi integrations - enabling private swaps on third-party DEXs, and zTrade for internal OTC book for trading assets privately.

Verichains joins WEMIX3.0 Mainnet’s “40 WONDERS” Node Council Partners as WONDER 12

Retrieved on: 
Tuesday, January 16, 2024

Singapore, Jan. 16, 2024 (GLOBE NEWSWIRE) -- South Korea-based global Web3 firm Wemade today announced that cybersecurity company Verichains has joined the 40 WONDERS (WEMIX On-chain Network of Decentralized Ecosystem Regulators), the Node Council Partners (NCPs) of the WEMIX3.0 Mainnet, as WONDER 12.

Key Points: 
  • Singapore, Jan. 16, 2024 (GLOBE NEWSWIRE) -- South Korea-based global Web3 firm Wemade today announced that cybersecurity company Verichains has joined the 40 WONDERS (WEMIX On-chain Network of Decentralized Ecosystem Regulators), the Node Council Partners (NCPs) of the WEMIX3.0 Mainnet, as WONDER 12.
  • Every new NCP not only designates its own WONDER number, but is also expected to play a critical role in sustaining the Mainnet’s integrity and security.
  • Verichains' participation in 40 WONDERS is poised to have a substantial impact on fortifying security and stability, laying a pivotal groundwork for fostering the expansion of the WEMIX ecosystem.
  • Since 2017, Verichains has been a leading provider of blockchain security solutions in APAC, specializing in cryptanalysis, security audits, and application security solutions.

SKUx Announces Pivotal U.S. Patent Grants to Improve and Empower Merchant Item-Level Payment Acceptance

Retrieved on: 
Tuesday, January 9, 2024

SKUx , a leader in digital instant payments, is pleased to announce that the U.S. Patent and Trademark Office ( USPTO ) has granted SKUx two patents, No.

Key Points: 
  • SKUx , a leader in digital instant payments, is pleased to announce that the U.S. Patent and Trademark Office ( USPTO ) has granted SKUx two patents, No.
  • 11,615,435 (the ‘435 patent), for item-level payments processing technology.
  • SKUx’s innovative payments platform, SKUPay® provides merchants with new tools for enhancing consumer experience and product level promotions.
  • “Merchants don’t want to share basket information with third parties, and we’re excited to provide a solution that eliminates that need and simultaneously lowers their acceptance costs.”

Alchemy Pay & zkMe - Transforming KYC with zkMe’s Innovative zkKYC Solution to Provide Privacy-preserving and Compliant Onboarding

Retrieved on: 
Monday, November 13, 2023

Traditional KYC methods often create friction during onboarding, sacrifice user privacy, and impose security risks by storing personal data on centralized servers.

Key Points: 
  • Traditional KYC methods often create friction during onboarding, sacrifice user privacy, and impose security risks by storing personal data on centralized servers.
  • As a leading payments gateway bridging fiat and crypto economies globally, Alchemy Pay is teaming up with zkMe to integrate cutting-edge zero-knowledge proof (ZKP) technology into its onboarding process.
  • This collaboration will provide enhanced privacy, security and convenience for Alchemy Pay users worldwide.
  • By leveraging advanced cryptography, Alchemy Pay can cater to emerging Web3 markets while giving users control over their personal data.