BlockUnion and EthSystems have formed an ecosystem partnership focused on institutional-grade privacy infrastructure for Ethereum.
According to Odaily, EthSystems was founded by Mo Jalil, former head of institutional privacy at the Ethereum Foundation. Its technology stack covers zero-knowledge proofs, fully homomorphic encryption, secure multiparty computation, and trusted execution environments, aiming to address data confidentiality and compliance issues when financial operations move on-chain. Under some of the partnership plans, EthSystems will support ETH HK Hub with institutional education and technical exchanges, while leveraging BlockUnion’s Asian ecosystem network to connect with financial institutions and businesses.
· The details disclosed so far focus on education and introductions; no timeline has been given for developing specific financial products.
Would you first look at the specific compliance design of this kind of solution, or the types of institutions it will connect with first?
$ETH
According to Odaily, EthSystems was founded by Mo Jalil, former head of institutional privacy at the Ethereum Foundation. Its technology stack covers zero-knowledge proofs, fully homomorphic encryption, secure multiparty computation, and trusted execution environments, aiming to address data confidentiality and compliance issues when financial operations move on-chain. Under some of the partnership plans, EthSystems will support ETH HK Hub with institutional education and technical exchanges, while leveraging BlockUnion’s Asian ecosystem network to connect with financial institutions and businesses.
· The details disclosed so far focus on education and introductions; no timeline has been given for developing specific financial products.
Would you first look at the specific compliance design of this kind of solution, or the types of institutions it will connect with first?
$ETH
