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2018-10-22 08:42:41

Amsterdam-based ING Bank Introduces Open-Source Zero Knowledge Technology

ING Bank, a Dutch multinational financial services corporation, is further exploring the privacy features currently available with blockchain-based zero-knowledge proofs. The Amsterdam-based financial institution has also announced the launch of its Zero-Knowledge Set Membership (ZKSM) solution. ING bank had already been utilizing a simplified form of the standard zero-knowledge proofs, which allow users to prove that they’re in “possession of certain information … without revealing that information, and without any interaction between the prover and verifier.”