VerifiedX brings privacy layer to Bitcoin as institutional demand for confidentiality grows
CoinDesk
VerifiedX has introduced a zero-knowledge privacy layer for Bitcoin to meet growing institutional requirements for transaction confidentiality.Summary
VerifiedX has launched a new system called Prism, which adds a zero-knowledge-powered privacy layer to the Bitcoin network. This innovation allows for shielded addresses, encrypted balances, and selective disclosure, enabling users to maintain transaction privacy while remaining compliant with auditing requirements. By bridging the gap between public blockchain transparency and the confidentiality expected in traditional finance, the project aims to facilitate greater institutional adoption of Bitcoin. The system supports various programmable use cases, including private lending and trading, without exposing sensitive on-chain data.
(Source：CoinDesk)