“This is the fifth time we have gathered in this way,” says Yonatan Roach, CEO of QEDIT. “This time we combined academics with the people who push the proof industry with zero knowledge, the people who code what the academics say, and people from the financial industry who need to consult and test the technology of the developers Among the participants at the conference were: Orly Greenfeld, Senior Vice President and Director of the Clearing Department at the Stock Exchange who presented the government bond construction plan on blockchain at the stock exchange, she came to understand the technology of zero-knowledge proof and how we can keep information and confidentiality of government bond transactions.
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‘Proof with zero knowledge’ is an advanced encryption technique that allows one party (the prover) to convince another party that some claim is true, without revealing information about the claim itself. For example, in the business world it will be possible to share information between customers and companies and companies to other companies, while fully maintaining the confidentiality of the data itself. The technique was first introduced in 1985 by Shefi Goldwasser (Weizmann Institute of Science), Silvio Micali (Massachusetts Institute of Technology) and Charles Rakoff (University of Toronto), while in recent years, dozens of blockchain-based uses are being developed. The conference is held, among other things, to promote standardization for the operation of proof-based cryptography with zero knowledge, which will facilitate the adoption of the new applications and products.