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Blockchain

Kaleido Implements Zero-Knowledge Proofs from QEDIT’s to Help Transfer Private Assets

In a major breakthrough, blockchain technology firm Kaleido has been able to integrate zero-knowledge proof solution of QEDIT successfully. So that you know, QEDIT operates in the cryptocurrency privacy and safety domain and considers as one of the leading technology developers in the industry.

Commenting on this development, the co-founder and chief executive officer of QEDIT, Jonathan Rouach said that Kaleido has been instrumental in reducing the investment for the private companies to deploy an enterprise-wide blockchain solution by taking away the need to develop custom-code for the process. Rouach also praised the Kaleido’s Komgo blockchain and noted that this solution has been able to deliver major benefits to the companies in the domain of energy and financial sectors. According to the announcement,

Kaleido is the only blockchain solution available as of now which can cater to the enterprise-wide need and is consortia-ready.

In May last year, Kaleido partnered with the Amazon Web service to offer blockchain cloud platform in its simplified form. Further strengthening their partnership, two companies went ahead and collectively launched a full-fledged enterprise platform to help companies implement enterprise blockchain solutions throughout their firms.

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David Cox

David is a finance graduate and crypto enthusiast. He projects his expertise in subjects like crypto and Blockchain while writing for CryptoNewsZ. Being from Finance background, he efficiently writes Price Analysis. Apart from writing, he actively nurtures hobbies like sports and movies.

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