Join Our Mailing List
Saturday January 28, 2023
Bitcoin (BTC) $22,996.16   Ethereum (ETH) $1,586.06
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Blockchain Technology

Zcash zero-knowledge cryptography technology integrated for J.P. Morgan’s Quorum blockchain

Published by CryptoNinjas.net
10/17/2017
Zcash zero-knowledge cryptography technology integrated for J.P. Morgan’s Quorum blockchain

Zcash, the privacy preserved cryptocurrency first known as The Zerocoin Electric Coin Company and J.P. Morgan today announced the integration, and the initial release of, zero-knowledge security layer (ZSL) technology on Quorum, J.P. Morgan’s enterprise, smart contract blockchain platform. The combination further unlocks the potential of blockchain technology for enterprise use cases.

“The momentum that is growing behind enterprise blockchain adoption is one of the most exciting trends in technology. This latest development ensures confidentiality while supporting regulatory disclosure, both of which are key requirements for financial industry applications.”

Zooko Wilcox, CEO of The Zerocoin Electric Coin Company

J.P. Morgan and the Zerocoin Electric Coin Company announced a technology partnership earlier this year in an effort to combine talents in developing a distributed ledger financial technology. Microsoft has also lent its support to the effort. All three companies are members of the Enterprise Ethereum Alliance.

“Today’s announcement is a prime example of how big banks and fintechs can work side-by-side to build groundbreaking technology for the financial markets.”

Umar Farooq, head of Blockchain Initiatives at J.P. Morgan

Quorum is an enterprise-focused version of Ethereum. It is ideal for any application requiring high speed and high throughput processing of private transactions within a permission group of known participants. Quorum addresses specific challenges to blockchain technology adoption within the financial industry, and beyond. J.P. Morgan and the Zcash declared they will continue to work with the broader enterprise blockchain community to integrate their feedback and ideas into future versions.

“The implementation of ZSL for Quorum represents an important application of zero-knowledge proofs to the challenge of building a distributed trust infrastructure for enterprises. I expect that this is merely the first of many applications for this exciting technology.”

Marley Gray, Principal Program Manager for Blockchain at Microsoft
10
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Chainstack Report: Corda and Hyperledger Fabric account for over 50% of all enterprise blockchain developer activity

01/21/2020
Chainstack Report: Corda and Hyperledger Fabric account for over 50% of all enterprise blockchain developer activity

Chainstack, a leading managed blockchain services provider, has published the first-ever report on the state and evolution of the global developer activity of enterprise blockchains tracing the activity over the last five years. Captured...

Read more

bloXroute blockchain scale network to deploy on Ontology, Quorum, Metadium

10/29/2019
bloXroute blockchain scale network to deploy on Ontology, Quorum, Metadium

bloXroute Labs, a technology start-up that built a Blockchain Distribution Network (BDN) to scale all blockchains, announced today the next set of projects BDN will deploy on including: Ontology, Quorum, and Metadium. The news...

Read more

Zcash reduces block times in latest release

08/26/2019
Zcash reduces block times in latest release

The Electric Coin Company, the overseer of the Zcash (ZEC) blockchain protocol, has released v2.0.7 where ZIP208 was implemented, and which will take effect when Blossom activates. Upon activation, the block times for Zcash...

Read more

Flexa Network SPEDN Wallet adds support for Zcash (ZEC)

08/01/2019
Flexa Network SPEDN Wallet adds support for Zcash (ZEC)

Flexa, a cryptocurrency payment network for retailers which recently launched, following a $14.1 million fundraising, today announced along with Electric Coin Company (ECC) that Zcash (ZEC) is now supported on the Flexa network. ZEC becomes...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
6 Best Cloud Mining Platform In 2022

6 Best Cloud Mining Platform In 2022

11/20/2022
Where Exactly Can You Spend Monero Cryptocurrency?

Where Exactly Can You Spend Monero Cryptocurrency?

10/20/2021
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
Crypto securitization platform-GenTwo links to all Coinbase assets

Crypto securitization platform GenTwo links to all Coinbase assets

01/14/2023
Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

Blockchain ecosystem ThunderCore teams with Huobi and MyCointainer in node expansion

01/05/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy