Google Cloud and Midnight Foundation, an organization focused on privacy, announced on September 30 an alliance to develop zero infrastructure and knowledge technology, considered essential for next -generation digital systems.
The Looking for initiative raise the private capacity of cryptocurrency networks, allowing companies with regulatory concerns Operate with adequate levels of confidentiality through zero knowledge tests (ZK PROOFS).
This collaboration It responds to the need to handle sensitive data in networks without exposing transactions, a problem that limits adoption in regulated sectors as finance and health.
While ZCash already uses ZK Proofs through armored transactions in a public and decentralized access network, this structure is not aligned with the demands of private companies that prioritize control and regulatory compliance.
Midnight, on the other hand, proposes a hybrid approach that integrates these confidential computation tests, facilitating selective dissemination for cross -border or credential payments verifiable without revealing unnecessary information.
Within the framework of the agreement, Google Cloud will assume key operational roles. The company will manage critical infrastructure of the network, including the execution of a validator for Midnight, along with services designed to boost its expansion.
In addition, Google Cloud’s command division will provide monitoring of threats and responses to incidents, seeking to offer security guarantees that facilitate the adoption of these technologies in more regulated industries.
This integration seeks to transform privacy into a competitive advantage, according to Fahmi Syed, president of the Midnight Foundation.
Midnight transforms the privacy of a technical barrier into a competitive advantage, enabling confidential financial systems, verifiable digital identity and safe applications that can operate at a scale with integrated regulatory compliance.
Fahmi Syed, president of the Midnight Foundation.
This alliance is part of an ecosystem with growing interest in the use of zero knowledge tests for different profits.
Recently, as Cryptonoths reported, Luke Dashjr proposed the use of these tests to combat what he considers an imminent threat to the Bitcoin protocol: the flooding of blocks with illegal content as child pornography.
A stablecoin that cannot be frozen as USDT is being developed in the Aleeo Networkwhile Dogecoin developers reveal a softman to add zero knowledge test verifications (ZK-PROOFS).
This technology, then, is being unanimously considered after time demonstrated the vulnerabilities of Bitcoin and other cryptocurrency networks in the field of privacy Thanks to its transparency and traceability.