The privacy-centric protocol zkPass has successfully secured a $2.5 million seed investment, with participation from prominent backers including Binance Labs, Sequoia China, OKX Ventures, dao5, Susquehanna International Group, Cypher Capital, Leland Ventures, and Blockchain Founders Fund.

zkPass is underpinned by several key technological pillars:

• Zero-disclosure proofs
• Confidential computing protocol
• TLS (Transport Layer Security)

This novel solution empowers users to share personal data on websites without the need to directly upload sensitive documents.

The versatility of zkPass extends to applications within decentralized identification systems, privacy-focused data marketplaces, and DeFi services, leveraging off-chain resources.

This initiative is an active participant in the incubation program offered by Binance Labs. The freshly acquired funds will be channeled into advancing the development of the testnet, currently in the pre-alpha phase. The demand for this innovative solution is palpable, with a waiting list of 190,000 users eagerly anticipating its release.