The startup will build tech and provide consulting to help institutions operate on Ethereum while maintaining confidentiality.
- EthSystems, a for-profit spin-out from the Ethereum Foundation's Institutional Privacy Task Force, has launched with backing from Joe Lubin and major Ethereum treasury firms.
- The company will focus on building technology and providing consulting services to enable institutions, such as banks and asset managers, to conduct confidential transactions on the Ethereum blockchain.
- This initiative aims to address institutional adoption hurdles by leveraging technologies like zero-knowledge cryptography to ensure privacy for trade data, positions, and identities.
Topics: Infrastructure providers, Legal regulatory, Blockchain usage, Tokenization platforms, Securities law classification, Ethereum evm l 1 s
Tags: #ethsystems #ethereumfoundation #institutionalprivacy #zeroknowledgecryptography #joelubin #consensys #confidentialsystems #assetmanagers #banks #ethereum
No comments:
Post a Comment