21h ago
It's the weekend y'all. GM! How do you prove you are compliant without showing your papers? @zksync just gave institutions the answer they have been waiting for. ZKsync's Prividium solves this through a specialized blockchain platform that combines Ethereum's security with reliable privacy controls. Prividium targets the specific needs of TradFi institutions entering blockchain. It uses zero-knowledge proofs for selective disclosure. This helps prove you meet regulatory requirements like passing KYC checks or being an accredited investor without exposing your actual personal data. When a fund tokenizes shares, the smart contract verifies your eligibility status instantly, but the blockchain only records cryptographic proof, not your passport, address or financial details. Onchain cryptographic oracles enforce additional compliance rules like spending limits or geographic restrictions, all without gas fees or complex user interactions. Prividium focus on solving TradFi operational struggles, particularly around collateral management. In tokenized private credit deals, collateral like bond baskets can be locked and released across different custodians using ZK-verified conditions. This eliminates over-collateralization risks and the need for manual reconciliation between institutions. Instead of days of back-office work coordinating with trusted intermediaries, settlements happen cryptographically in seconds while maintaining complete privacy and compliance. ZKsync bridges the gap between blockchain's transparency and TradFi's privacy requirements. This makes it possible for institutions to access on-chain efficiency without sacrificing regulatory compliance or exposing competitive information. Also, remember that ZKsync is on @RallyOnChain.
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