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zkFi: Privacy-Preserving and Regulation Compliant Transactions using Zero Knowledge Proofs

2023/07/02 by Chaudhary, Amit
Computer Science · Social Sciences · #Cryptography and Data Security #Cryptography and Security (cs.CR) #FOS: Computer and information sciences #Privacy, Security, and Data Protection

paper · pdf · doi:10.48550/arxiv.2307.00521

openalex publication_date 2023/07/02 · openalex created_date 2023/07/05 · openalex updated_date 2026/07/28

Abstract

We propose a middleware solution designed to facilitate seamless integration of privacy using zero-knowledge proofs within various multi-chain protocols, encompassing domains such as DeFi, gaming, social networks, DAOs, e-commerce, and the metaverse. Our design achieves two divergent goals. zkFi aims to preserve consumer privacy while achieving regulation compliance through zero-knowledge proofs. These ends are simultaneously achievable. zkFi protocol is designed to function as a plug-and-play solution, offering developers the flexibility to handle transactional assets while abstracting away the complexities associated with zero-knowledge proofs. Notably, specific expertise in zero-knowledge proofs (ZKP) is optional, attributed to zkFi's modular approach and software development kit (SDK) availability.

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