According to official news, cryptography technology provider PADO Labs announced that it had completed a $3 million seed round of financing half a year ago. And said that its beta version of the product will soon be launched for internal testing.
PADO will take the lead in integrating off-chain data into the on-chain world using cryptographic algorithms through technologies such as interactive zero-knowledge proof (IZK) and secure multi-party computation (MPC). Ensures compliant, secure, private and verifiable links, facilitating the creation of interconnected and composable user credentials. PADO's vision is to build a completely decentralized credit protocol with users at the core.