Findora launches its Triple Masking ZK SDK to boost privacy and auditability for dApps

Home » Findora launches its Triple Masking ZK SDK to boost privacy and auditability for dApps


Key takeaways

  • Findora has launched its Triple Masking ZK SDK solution.

  • The solution empowers developers to integrate ZK privacy features into their dApps. 

  • With Findora Triple Masking ZK SDK, developers can ensure their users enjoy privacy and convenience. 

Findora’s Triple Masking ZK SDK

Findora, an innovative Layer-1 blockchain, has announced the launch of the Findora Triple Masking SDK, a universal privacy-preserving solution set for Web3.

In a press release shared with Coinjournal, the team said the Findora Triple Masking SDK gives developers a simple way to integrate zero-knowledge proofs into their decentralised applications. 

Thanks to the launch of this product, users can conduct private transactions that remain auditable, with multiple options for what information is masked or remains transparent. The Findora Triple Masking SDK provides simple, plug-and-play privacy for every Web3 dApp, the team added. 

While commenting on this latest cryptocurrency news,  Sam Harrison, CEO of Discreet Labs, said;

“Triple Masking fulfills a promise that blockchain technology made years ago: your financial status, your financial future, is no longer in the hands of some unknown, so-called “trusted” third party. It’s in your hands. This SDK simplifies the developer experience of implementing complicated zk-proofs, which in turn enables more decentralized applications to offer the benefits of these zk-proofs to their users.” 

He added that he is excited to see the choices developers can offer their users that would ensure that they enjoy both convenience and privacy. 

Findora empowers dApps to be ZK-enabled 

The Findora team added that the Masking SDK is a privacy-focused asset transfer solution supported on the Findora Network that provides full-privacy protection and anonymity for transactions rather than simple pseudonymity. 

The solution makes it possible for developers to make their dApps ZK-enabled, with optional transaction privacy at three levels. Users will have the option to mask the wallet addresses of the sender and receiver, the type of assets involved, and the amount sent. 

Furthermore, transactions carried out using the Findora  Triple Masking ZK SDK will remain auditable to ensure compliance with regulatory entities. 

Harrison added that;

“Triple Masking is more than simply encrypting information. We are also offering the ability to trace assets in a way that complies with existing regulations and analysis tools. This way, Triple Masking solves both the privacy AND compliance requirements of a professional institution.”

The Findora team said its compatibility with the secp256k1 curve would enable common EVM wallets, such as MetaMask, to sign a transaction.

Findora is a public blockchain with programmable privacy. Findora utilises the latest breakthroughs in zero-knowledge proofs and multi-party computation, to allow users transactional privacy with selective auditability. 



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Past performance is not indicative of future results. Any investment in blockchain assets involves the risk of loss of part or all of your investment. The value of the blockchain assets you exchange is subject to market and other investment risks. © get best crypto 2023
Index