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ZKsync Launches Prividium Connect for Institutional Cross-Chain Trades

Zero-knowledge proofs check transaction rules while shielding institutional account balances, asset positions and customer identities. The system initially supports Hyperledger Besu and Prividium Ledger.

Brushed-steel ledgers align around a single central latch / TokenPost.ai
Brushed-steel ledgers align around a single central latch / TokenPost.ai

ZKsync launched Prividium Connect on Tuesday, enabling financial institutions to make all-or-nothing trades across existing blockchain networks without a trusted intermediary or third-party bridge, while shielding institutional account balances, asset positions and customer identities.

Zero-knowledge proofs verify that transactions follow agreed rules. If the parties do not complete delivery on time, each can recover its own assets.

The system currently supports Hyperledger Besu and Prividium Ledger. ZKsync plans to add other networks based on customer demand.

The launch extends ZKsync's Prividium institutional offerings, which also include Prividium Commander, a product designed to help financial institutions integrate digital assets into their operations.

ZKsync has proposed a standardized version for public-chain deployment. Its activation, integration and fee settings still require community-governance approval.

Simon Yoon

Reporter

Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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