1 year ago
Payments level Nuggets is moving with the Bank of England to make a privateness and individuality furniture for a imaginable integer pound, according to a property merchandise connected Wednesday.
The platform, which enables decentralized identity, plans to plan a backstage and unafraid strategy to forestall the tracking and correlation of transactions, arsenic good arsenic forestall fraud and wealth laundering.
The Bank of England launched its consultation connected a central slope integer currency successful February, and said past that a integer lb was likely needed but that it would not marque a determination connected issuing 1 until astatine slightest 2025. Digital lb privateness is simply a topic that has been raised by lawmakers successful the past.
Nuggets said that it plans to instrumentality zero-knowledge proofs connected its privateness layer, which volition alteration radical to verify their individuality without sharing their data.
English (US) 