Midnight Collaborates With Google Cloud to Scale Zero-knowledge Applications

The Midnight Foundation, a corporation devoted to advancing the Midnight community, at the moment introduced a strategic collaboration with Google Cloud to advance privacy-first infrastructure growth, and zero-knowledge expertise as important infrastructure for next-generation digital methods.

Most public blockchains expose delicate transaction information, rendering them unsuitable for privacy-critical functions that require regulatory compliance.

Midnight was engineered particularly to resolve this problem. Based on analysis by Input Output, the workforce behind Cardano, the Midnight platform natively integrates zero-knowledge good contracts into its protocol structure, creating programmable privateness that permits selective disclosure at unprecedented scale.

This unlocks totally new classes of functions. Financial establishments can facilitate non-public buying and selling and cross-border funds whereas sustaining regulatory compliance. Governments can challenge verifiable credentials with out exposing citizen information. Healthcare methods can share affected person insights for analysis whereas preserving particular person privateness.

“Organizations are beneath strain to innovate with delicate information whereas sustaining full management over it,” mentioned Fahmi Syed, President of the Midnight Foundation. “Midnight transforms privateness from a technical barrier right into a aggressive benefit, enabling confidential monetary methods, verifiable digital identification, and safe functions that may function at scale with regulatory compliance in-built.“

Under the collaboration, Google Cloud will function important community infrastructure together with working a validator for Midnight and different infrastructure companies to help the community’s development. This delivers the reliability and efficiency requirements required for enterprise deployment and developer adoption.

Built leveraging Confidential Computing from Google Cloud, Midnight’s ZKP (zero-knowledge proof) system protects non-public information — together with eradicating the operator of the surroundings from the belief boundary together with hardened safety in opposition to cloud service supplier entry.

“The way forward for enterprise functions requires each transparency and privateness,“ mentioned Richard Widmann, Head of Web3 Strategy and Operations at Google Cloud. “By offering scalable infrastructure , we’re enabling builders to experiment with progressive zero data frameworks to confirm transactions with out exposing delicate information.“

Midnight’s work with Google Cloud’s additionally extends past infrastructure. Mandiant will present superior menace monitoring and incident response capabilities to builders constructing on Midnight, delivering the safety assurances important for adoption throughout regulated industries.

Projects constructing on Midnight Network may even have the chance to apply to be a part of the Google for Startups Web3 Program. Qualifying Web3 startups will likely be in a position to entry advantages together with up to US$200,000 in Google Cloud Platform Credits over two years to construct, safe and scale functions with Cloud and AI, and studying sources together with coaching and mentorship.

This collaboration helps builders, startups, and enterprises innovate throughout developments in zero-knowledge, incident response, and privacy-enhancing applied sciences. 

About Midnight Foundation

The Midnight Foundation is a corporation devoted to advancing the event, adoption, and real-world influence of the Midnight community, the privacy-enhancing blockchain mission developed along side Shielded Technologies. Designed for privacy-enabling good contracts, Midnight encourages builders to take into account the facility of constructing compliant functions with selective disclosures. It leverages zero-knowledge proofs and a cooperative tokenomics structure—with $NIGHT because the utility token and DUST because the utility useful resource—to ship a robust mixture of rational privateness, safety, and decentralization.

Learn extra at https://midnight.foundation

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