Tag:web3

All the articles with the tag "web3".

• 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.

• zkLocus: Authenticated Private Geolocation Off & On-Chain

  Posted on:December 1, 2023 |  at 06:01 AM

  This blog post introduces zkLocus, a pioneering Zero-Knowledge, on-chain, cross-chain, and off-chain application, offering a disruptive paradigm in private and verifiable geolocation sharing. It allows users to authenticate their presence in specific geographical areas without revealing exact coordinates. zkLocus brings geolocation data onto the blockchain. It offers native bridging, native rollup functionality, and infinite proof compression. zkLocus is built on recursive zkSNARKs, making it inherently open to customization and extension.