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zCloak Network raises $5.8m in new capital

U.K. based provider of zero-knowledge proofs for public blockchains raised $5.8m in new capital led by Coinbase Ventures.

Verifiable computation in user device will be a defining feature of Web 3.0. In contrast to the current paradigm of big data and cloud computing, zCloak enables users to perform computation and analysis of their data in their own device, not in centralized servers.

Tags

zero knowledge proof, blockchain