Global regulatory frameworks are becoming increasingly完善, but this actually presents an opportunity for privacy projects. A certain privacy storage protocol recently announced a partnership with a decentralized identity oracle project, integrating an interesting technical solution.
What is the core gameplay? Users can verify their KYC credentials (such as passport information) using zero-knowledge proof technology, without revealing any raw data, and generate a compliant privacy access credential on the protocol. It sounds a bit complicated, but it actually addresses an old problem—the challenge of balancing privacy and compliance.
What does this mean for institutional investors and users in regulated regions? They can finally comply with anti-money laundering rules while legally using privacy financial and storage services. No more having to choose between the two.
This feature is currently in the pilot stage, but several compliant crypto funds are already testing it. Industry insiders are generally optimistic, believing that once this path is successful, the entire ecosystem could see a large influx of traditional regulated capital. Some estimates suggest this market could involve trillions of dollars. If this link can be effectively established, it could be a turning point for the valuation of the entire project.
The contradiction between privacy and compliance may seem oppositional, but technology often finds breakthroughs. This case is worth paying attention to.
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Global regulatory frameworks are becoming increasingly完善, but this actually presents an opportunity for privacy projects. A certain privacy storage protocol recently announced a partnership with a decentralized identity oracle project, integrating an interesting technical solution.
What is the core gameplay? Users can verify their KYC credentials (such as passport information) using zero-knowledge proof technology, without revealing any raw data, and generate a compliant privacy access credential on the protocol. It sounds a bit complicated, but it actually addresses an old problem—the challenge of balancing privacy and compliance.
What does this mean for institutional investors and users in regulated regions? They can finally comply with anti-money laundering rules while legally using privacy financial and storage services. No more having to choose between the two.
This feature is currently in the pilot stage, but several compliant crypto funds are already testing it. Industry insiders are generally optimistic, believing that once this path is successful, the entire ecosystem could see a large influx of traditional regulated capital. Some estimates suggest this market could involve trillions of dollars. If this link can be effectively established, it could be a turning point for the valuation of the entire project.
The contradiction between privacy and compliance may seem oppositional, but technology often finds breakthroughs. This case is worth paying attention to.