Thread by @ZKPanther

Every once in a while, a new technology comes around & changes the trajectory of human civilization

From the motor engine & airplanes to telephones, the Internet, & even blockchain technology, these innovations had a massive impact & inevitably changed the course of our history

Next on the list, even if some don’t realize it, is zero-knowledge proofs.

Zero-knowledge proofs are one of the key elements that’ll be driving the massive change in our lives, our trust models, and most importantly – privacy.

Just like #blockchains changed the idea of transferring values without a middleman, zero-knowledge proofs are changing the way we reveal sensitive data.

For example,

We all browse the #Internet and are forced to share our personal information in exchange for access to services and products.

Whether signing up for an account on a social networking site, doing #KYC for financial services, applying for an e-visa, or even in our physical world such as getting a loan, or even renting an apartment…

…Every one of us is forced to share our personal data with big corporations that often end up being hacked, sold on the dark web, or end up trading between the hands of malicious actors.

Data privacy is the need of the hour and zero-knowledge proofs can solve this biggest problem of our times.

That’s why Panther is working on #zkSNARKs, a subset of zk proofs to provide privacy in DeFi.

Panther Protocol is an end-to-end solution that restores privacy in Web3 and DeFi leveraging zkSNARKs while providing financial institutions with a clear path to compliantly participate in decentralized finance.