BIS: Explores ZKP Privacy for Central Bank Payments
Patrick McCorry reports that the Bank for International Settlements is working with the Hong Kong Monetary Authority and Polytechnic University on zero-knowledge proofs to keep nearly all central bank transactions private while allowing selective disclosure for KYC and AML rules.
SourceAnalysis
Bank for International Settlements is partnering with the Hong Kong Monetary Authority and Polytechnic University to test zero-knowledge proofs that let central bank ledgers keep almost every transaction private while still permitting selective disclosure to satisfy existing KYC and AML legal frameworks.
Patrick McCorry
@stonecoldpat0ethereum and L2 bull @arbitrum @lemniscap