Prove You Passed KYC Without The Passport Scan 🔒
Passing a check online usually means handing over the whole file, when the other side only needed one answer.
CC handles that by letting each firm see only the deals it is part of, which is how around 700 of them share one network.
$ZAMA took the other route, letting a contract add up balances that stay encrypted.
Midnight puts that choice inside the app, where a Compact smart contract answers the one question a counterparty asked and leaves the rest of your data sealed.
Zero-knowledge proofs carry the answer, so the result can be verified without revealing the underlying data.
An exchange can confirm you cleared its checks while your passport number, your address and your date of birth stay off the ledger.
Midnight's docs show what an app is able to prove and what stays sealed, so you can see what your next KYC check could look like instead.
#Privacy #Macro
Passing a check online usually means handing over the whole file, when the other side only needed one answer.
CC handles that by letting each firm see only the deals it is part of, which is how around 700 of them share one network.
$ZAMA took the other route, letting a contract add up balances that stay encrypted.
Midnight puts that choice inside the app, where a Compact smart contract answers the one question a counterparty asked and leaves the rest of your data sealed.
Zero-knowledge proofs carry the answer, so the result can be verified without revealing the underlying data.
An exchange can confirm you cleared its checks while your passport number, your address and your date of birth stay off the ledger.
Midnight's docs show what an app is able to prove and what stays sealed, so you can see what your next KYC check could look like instead.
#Privacy #Macro
