Stable Coin project WSPN has reached a strategic cooperation with Zero-Knowledge Proof technology company Polyhedra Network

robot
Abstract generation in progress

On October 9th, according to official information, the Stable Coin project WSPN (Worldwide Stablecoin Payment Network) announced a strategic partnership with the Zero-Knowledge Proof technology company Polyhedra Network. WSPN's flagship Stable Coin WUSD will officially introduce Polyhedra Network's advanced zero-knowledge technology, and the two parties will jointly promote the widespread application of WUSD in the Zero-Knowledge Proof field. WSPN will build a zero-knowledge ecosystem for WUSD with the technical advantages of Polyhedra Network and develop diversified application scenarios. Polyhedra Network will provide high-performance and highly secure Zero-Knowledge Proof infrastructure support for WUSD. The cooperation between the two parties will focus on the following three aspects: Utilize Polyhedra's zkBridge technology to enhance the Cross-Chain Interaction of WUSD, improving its global accessibility; 2. Develop a reserve proof mechanism based on Zero-Knowledge Proof to enhance the transparency and credibility of WUSD; 3. It will also launch a transaction system that supports privacy protection to meet the needs of Financial Institutions for privacy and Compliance. WSPN and Polyhedra Network will work together to promote the widespread application of WUSD in the Zero-Knowledge Proof field, jointly committed to providing more secure and efficient digital payment services, and promoting the vigorous development of both ecosystems.

View Original
  • Reward
  • Comment
  • Share
Comment
0/400
No comments