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

arXiv:2307.00521v4 Announce Type: replace
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 …

arxiv commerce consumer consumer privacy cs.cr daos defi design divergent domains e-commerce gaming goals integration knowledge metaverse middleware networks privacy protocols regulation social social networks solution the metaverse transactions zero knowledge zero knowledge proofs