Zero-Knowledge Proofs (ZKPs)

Zero-Knowledge Proofs (ZKPs) are a cryptographic technique that allows one party (the prover) to prove to another party (the verifier) that a statement is true, without revealing any additional information beyond the validity of the statement itself.

In the context of identity and finance, ZKPs enable privacy-preserving verification. For example, you can prove you're over 18 without revealing your actual birthdate, or prove you have sufficient income for a loan without exposing your salary.

ByEnnen's CredZK product uses zkTLS-based proofs to enable private financial verification, allowing users to generate verifiable attestations about their financial status without exposing sensitive data.