Researchers use zero-knowledge to address privacy, AML concerns in stablecoins

by Aurelia Butler 15 December 2022, 23:00 199 Views

The researchers’ design allows a number of limits, including on transactions, balances and turnover, and enables Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) compliance with the use of zero-knowledge proofs, particularly zk-SNARK (Zero-Knowledge Succinct Non-Interactive Argument of Knowledge). Below the preset limits, transactions would be invisible to third parties.

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Source: Cryptocurrency - investing.com

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Researchers use zero-knowledge to address privacy, AML concerns in stablecoins

California cuts payments to homeowners for solar panels feeding energy back to the grid

UK consumer confidence at its lowest sustained level for nearly 50 years

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