👋hello

My name is Illya. I'm entreperneur and engineer. I develop products that disrupt how we think and interact with money and empower our digital privacy. This blog serves as a platform for me to articulate my thoughts on blockchain, DeFi, Zero-Knowledge cryptography, AI and finance. Here, I aim to merge deep technical concepts with practical applications.

Read the blog posts or reach out to me via one of the links below.

Featured

• Privacy Is A Myth. Unless You're Using Zero-Knowledge Proofs

  Posted on:May 26, 2024 |  at 02:14 PM

  Privacy is a fundamental human right, yet digital privacy is a myth. Zero-Knowledge Proofs (ZKPs) turn this myth into reality, by enabling inherently private data sharing through a verifiable computation model. Discover how ZK solutions like zkLocus, zkSafeZones, zkML, zkVM, Merkle Trees, MPC, and homomorphic encryption, enable privacy in all digita products - from search engines and social networks to e-commerce and 24/7 global surveillance, without compromising functionality or individual privacy.

Recent Posts

• Deposit Guarantee Scheme of Japan: DIA & DICJ

  Posted on:October 27, 2024 |  at 10:10 AM

  This article examines Japan's deposit guarantee scheme through an analysis of the Deposit Insurance Act (DIA) of 1971 and the Deposit Insurance Corporation of Japan (DICJ). It explores the DICJ's unique three-pillar structure encompassing deposit insurance, financial institution resolution, and system stability measures, comparing it with the EU's approach under Directive 2014/49/EU. The analysis covers the DICJ's governance framework, financial mechanisms, operational procedures, and historical interventions, including its pivotal role during the 1990s banking crisis and the 2010 Incubator Bank resolution. The article concludes by discussing potential systemic risks, particularly regarding Japan's reliance on debt-based resolution mechanisms and US Dollar exposure.

• BRICS Digital Currency: Public Blockchain Cryptocurrency

  Posted on:April 28, 2024 |  at 05:07 PM

  In this article we'll explain how proposed BRICS digital currency can be realized as a cryptocurrency, thus challenging the claims made in the 'Digital Money Options for the BRICS' paper. We'll explore how a public blockchain with smart contracts, combined with Zero-Knowledge Proof protocols like zkSNARKs and zkSTARKs, provides a natural fit for implementing the BRICS currency. We'll learn how the dynamic supply mechanism, legal compliance on-chain, and the integration with DeFi and zkLocus for authenticated private geolocation can be materialized. Discover how the BRICS nations can leverage these technologies for a more decentralized, interoperable, and efficient financial system aligned with Web3 principles.

• zkSNARKs & zkSTARKs: A Novel Verifiable Computation Model

  Posted on:April 12, 2024 |  at 08:24 PM

  Dive into the world of zkSNARKs and zkSTARKs, and discover how these Zero-Knowledge Proof protocols enable a novel Verifiable Computation Model that surpasses the limitations of the Ethereum Virtual Machine. Learn about the key differences between the Linear and Constant Verifiable Computational Models, and explore real-world applications like zkLocus, which leverages recursive zkSNARKs to turn geolocation data into a programmable asset, and zkSafeZones, an initiative aimed at safeguarding civilians in conflict zones and automating legal compliance on the blockchain.

• Recursive zkSNARK Proof as a Private Input - What Is Visible To The Verifier?

  Posted on:December 3, 2023 |  at 08:08 PM

  In this blog post, we will explore the dynamic intersection of blockchain, privacy, and cryptography, focusing on the pivotal role of zero-knowledge proofs, especially zkSNARKs and their recursive variations. These innovative technologies are revolutionizing our approach to digital privacy and authenticity. Here, we delve into their practical applications, discussing their significance in Zero-Knowledge circuits, the Mina blockchain, and the O1JS framework. Additionally, we will examine how recursive zkSNARKs fuel applications like zkLocus, enabling users to authenticate and share their location while preserving privacy. By the end of this post, you'll have a comprehensive understanding of Zero-Knowledge applications, Zero-Knowledge ciructis, zkSNARKs, recursive zkSNARKs, and what exactly is visible to the verifier when a recursive proof is passed as a private input in a zkSNARKs circuit.