On September 30, the Google Cloud and Midnight Foundation, a privacy-focused organization, announced an alliance to develop zero infrastructure and knowledge technologies that are considered essential for the next generation digital system.
The initiative is seeking to enhance the private capabilities of cryptocurrency networks and allows businesses with regulatory concerns. Works with the right level of confidentiality through Zero Knowledge Test (ZK Proof).
This collaboration addresses the need to process sensitive network data without exposing transactions. This is an issue that restricts the adoption of regulatory sectors such as finance and health.
ZCASH already uses ZK proofing through armored transactions in public and distributed access networks, but this structure is not consistent with the requirements of private companies Prioritize control and regulatory compliance.
Meanwhile, midnight proposes a hybrid approach to integrating these sensitive calculation tests, encouraging the selective spread of verifiable cross-cover or qualification payments without releasing unnecessary information.
Within the contract framework, Google Cloud assumes a major operational role. The company provides services designed to manage and enhance the expansion of its network’s critical infrastructure, including running Midnight validators.
Furthermore, the command division of Google Cloud Provides monitoring of incident threats and responses; They seek to provide security assurances that will encourage the adoption of these technologies in more regulated industries.
According to Fahmi Syed, president of the Midnight Foundation, the integration aims to turn privacy into a competitive advantage.
Midnight transforms the privacy of technical barriers into competitive advantages, enabling confidential financial systems that can operate at scale with integrated regulatory compliance, verifiable digital identities and secure applications.
Fahmi Syed, president of Midnight Foundation.
The alliance is part of an ecosystem that has become increasingly interested in using zero-knowledge tests for various benefits.
As reported by Cryptonoths recently, Luke Dashjr proposed using these tests to combat the imminent threat to the Bitcoin protocol, namely flooding of blocks due to illegal content as child pornography.
Una Stablecoin It cannot be frozen as USDT is developed in the ALEEO networkDogeCoin developers reveal softman adding Zero Knowledge Test Verification (ZK Proof).
The technology has been considered unanimously after demonstrating vulnerabilities in Bitcoin and other cryptocurrency networks in the privacy field It’s thanks to its transparency and traceability.