After being selected into the Hong Kong Cyberport Incubation Program in February 2023, zCloak Network officially entered the Cyberport Entrepreneurship Center today and became one of the new members of the Cyberport community. zCloak Network will adopt the "zero-knowledge proof-as-a-service" business model to create One-stop multi-chain privacy computing infrastructure.

According to information from Cyberport, more than 180 companies around the world participated in the selection of this incubation program, and 45 companies were finally selected for the incubation program, including 6 blockchain technology companies including zCloak.

It is reported that there are more than 380 financial technology companies in Hong Kong Cyberport, covering multiple fields such as blockchain, network security, artificial intelligence, big data, wealth management and transaction engineering. It is also the largest financial technology community in Hong Kong. Among them, the Cyberport Incubation Program will provide settled project parties with financial subsidies of up to HK$500,000, talent and scientific research subsidies, as well as professional training, business development support, professional consulting and other support.