Zero-knowledge proofs are a game-changing innovation with profound implications for how users transact business, but can they replace the conventional contract?
Zero-knowledge proofs (ZKPs) are an innovative cryptographic method that enables a party (the prover) to validate a claim to another (the verifier) without disclosing any detailed information about the claim itself.
When the subject of a contract or transaction involves highly sensitive or confidential data, ZKPs ensure safe and private transactions while securing the subject matter of the transaction throughout the validation process by leveraging rigorous mathematical frameworks.
