Posts
All the articles I've posted.
Deposit Guarantee Scheme of Japan: DIA & DICJ
Posted on:October 27, 2024 at 10:10 AMThis 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.
Privacy Is A Myth. Unless You're Using Zero-Knowledge Proofs
Posted on:May 26, 2024 at 02:14 PMPrivacy 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.
BRICS Digital Currency: Public Blockchain Cryptocurrency
Posted on:April 28, 2024 at 05:07 PMIn 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.