Zero-knowledge proofs added to JP Morgan’s Quorum blockchain

Zero-knowledge proofs technology will protect the privacy of digital assets on JP Morgan’s Quorum blockchain, as the developers of the Zcash cryptocurrency announce a partnership with the banking giant.

Zcash uses zero-knowledge proofs (specifically, zk-SNARKs) to prove the integrity of cryptocurrency transactions, without revealing any information about the sender, recipient or the assets that are being transferred.

Why advertise with usThe Zerocoin Electric Coin Company (ZECC), which created Zcash, will extend Quorum’s existing privacy protections, which already offer private smart contracts by changing the Ethereum codebase. The zero-knowledge security layer (ZSL) will make it possible to use shielded transactions to protect users’ privacy.

More at: Zero-knowledge proofs added to JP Morgan’s Quorum blockchain

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