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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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  • Metaverse
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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    Experience to Earn: Everdome's Metaverse Frontier

    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Cloudflare Accuses Perplexity AI of Using Stealth Crawlers to Evade Website Blocks

    CryptoPunks and Pudgy Penguins Draw Major Sales

    CryptoPunks and Pudgy Penguins Draw Major Sales

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

    Ethereum Collections Lead NFT Sales Today

    Ethereum Collections Lead NFT Sales Today

    how NFTs became a global brand and a Web3 “social currency”

    how NFTs became a global brand and a Web3 “social currency”

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Pixel Vault Removes CEO Following Self-Dealing and Rug Pull Accusations

    Labubus have succeeded in every way that NFTs have failed

    Labubus have succeeded in every way that NFTs have failed

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    CryptoPunks Floor Price Hits 3-Year High of $208,000

    NFT sales surge to $574 million in July, second-highest in 2025

    NFT sales surge to $574 million in July, second-highest in 2025

  • Gaming
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    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

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    Blockchain Bookmakers: A New Era of Fair and Secure

    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

    The Biggest Games Releasing in August 2025

    The Biggest Games Releasing in August 2025

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    TaskOn Joins EPHYRA to Elevate AI-Powered Gaming Experience

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    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

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    Early Off the Grid Skin Holders Are Cashing In – Will You?

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

    This Game Lets You Relive the Ethereum Story Through Vitalik Buterin’s Eyes

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    NFTs at Your Fingertips: Inside Japan’s NFT Vending Machine Trend

  • Blockchain
    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    NetMindAI Partners with Neurochain AI to Revolutionize Decentralized AI Services

    LFG Boosts Token Launches with Community Power

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    Polyhedra Network launches Proof Cloud in open beta

    Polyhedra Network launches Proof Cloud in open beta

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    It’s a Different Sort of Olympics as Cryptographers Face Off in Polyhedra’s ‘Proof Arena’

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    SoonVerse Partners with Arris to Enhance User Experience

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

    Metaplex Deploys Product Suite on Sonic SVM, Enhancing Solana’s Gaming Ecosystem

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    Space and Time Becomes ZK Coprocessor in Karak’s Ecosystem

  • AI
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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

    ETH Daddy Discusses Ethereum and AI

    ETH Daddy Discusses Ethereum and AI

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

    ChatGPT is a tad too enthusiastic about Ethereum’s prospects

    I asked ChatGPT to predict Ethereum’s prospects as billionaire holders accumulate

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    What’s the Difference & Which Is Better to Trade?

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    Think Your Cold Wallet Is Safe? Not If You Make These 7 Mistakes

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    What are Decentralized Autonomous Organizations (DAO)? The Pros, Cons, and Real-World Examples

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    What Is Copy Trading in Crypto? A Beginner’s Guide

    A Step-by-Step Guide for Risk-Takers

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    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

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    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is DeFi Staking? Everything You Need to Know

  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home Blockchain

ZK Adoption Is Heating Up Across An Array of Use Cases

February 3, 2024
in Blockchain
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ZK Adoption Is Heating Up Across An Array of Use Cases
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Zero-knowledge (ZK)-based platforms and initiatives are currently proving to be among the most investable and adoptable in the Web3 sphere. Following a notable slump in Web3 VC investing during 2023, a slew of ZK-centric projects pulled over $45 million in funding over a single week in January.

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So why is ZK technology proving so alluring to investors? Since the first practical applications of ZK cryptography only emerged in the context of blockchain, the full range of use cases is still emerging. However, based on current developments, there are a range of ways in which ZK tech is enhancing the usability of Web3 through applications that foster user privacy, improve blockchain scalability, and enable self-sovereignty of personal data.

Private transactions

The first practical application of ZK proofs was in Zcash, which used a variation called ZK-SNARKs. These enable a prover and verifier to authenticate information without any personal interaction, and Zcash deployed this to enable private transactions on its network.

Now, privacy coins are largely frowned upon by regulators due to their ability to obfuscate financial activity. However, research has shown that ZK proofs could be a feasible way to protect citizens’ privacy when using a central bank digital currency (CBDC), and the European Central Bank has also previously suggested such a solution.

But, the need for private transactions extends far beyond financial use cases and is far more pressing in some cases. For instance, users have long had to tolerate the fact that their online browsing privacy has been sacrificed at the altar of online advertising. Although some progress is being made with Google’s planned deprecation of third-party cookies, advertisers are likely to see revenues suffer as a result.

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But ZK-focused solutions could be the answer. AdEx, a Web3 advertising platform, has just announced it will introduce ZK-based ad targeting into its platform in 2024. Users can choose which types of ads they see via an opt-in arrangement, where all data is retained privately on the individual’s device.

There are all-round benefits to such a solution – advertisers and publishers avoid all the headaches of GDPR compliance since no data ever changes hands, while serving up targeted ads at a lower cost. Meanwhile, users benefit from a curated ad feed and the opportunity to earn rewards, which further supports engagement and reduces the risk of “ad fatigue.”

Rollups for scalable blockchains and dApps

ZK verifications are also addressing the inherent inefficiencies of a blockchain network. ZkEVM Layer 2 platforms, such as Linea, take transactions off the Ethereum main chain and batch them for processing using a single ZK proof for each batch. The proof tells validators on the main Ethereum chain that the transactions are valid.

However, the true utility of scalable blockchains is that they can attract dApp development user activity. BBO Exchange is among the latest to join the Linea ecosystem, having just announced a successful pre-seed round led by prominent early-stage investors Hashed and Arrington Capital. The project has raised $2.7 million to develop the first perpetual DEX to use Oracle Extractable Value (OEV) in its liquidation process. LPs can concentrate liquidity around a dynamic price range, significantly enhancing trading capital efficiency. This feature is only possible thanks to the scalability offered by a zkEVM platform.

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BBOX is currently gearing up to launch its signal-driven AMM on Linea, and registration has opened for the BBOX private testnet.

Identity verification

Online self-sovereign identity has long been an area of promise for Web3 technologies, but in the transparent environment of a public blockchain, effective solutions that balance user privacy against the need for verification have been difficult to implement. However, ZK proofs offer a means by which a verifier could receive a confirmation of the identity element they need to know, but without the individual needing to publish their personal data to prove the fact.

A straightforward example could be proof of age to make a purchase. It typically isn’t necessary for someone to prove their actual age, only that they are over a minimum age. Using a ZK-based identity system, the purchaser would only need to generate proof that they are of a legal age based on information they’ve provided within that system. They also don’t need to show a passport or driver’s license, which discloses far more information than is needed by the merchant. As with AdEx, this setup also benefits the merchant since they aren’t handling personal data.

One example of a Web3 identity solution is zPass, an experimental protocol that launched on the Aleo zero-knowledge privacy network late last year. Users upload their identity documents offline, enabling them to generate on-chain proofs based on the information they’ve provided. Crucially, this solution also masks the public nature of the verifications themselves, meaning nobody can track the process of the user giving verifications.

These applications represent only the first developed use cases for ZK technology; however, even at this early stage, they are showing enough promise to spark investor interest after a prolonged downturn. If investment and innovation continue at this rate, we are likely to see more use cases emerge as ZK solutions become more embedded into the Web3 ecosystem.

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Tags: AdoptionArrayCasesHeating

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