Zero-knowledge proof startup zCloak Network raises $5.8 million

Startup zCloak Network, which provides zero-knowledge proofs for public blockchains, raised $5.8 million in a pre-Series A round.

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We propose the concept of "zk-SBT"—a zero-knowledge soulbound token. A zk-SBT has an open part and a secret part. The open part is a non-transferable NFT. The secret part is a verifiable credential. The two parts are linked by storing the hash/CID of the credential in the NFT.

zCloak Credential Platform Demo

An introduction to the zCloak Credential Platform. Users can take the role of a claimer, an attester or a verifier to accomplish the task of cType creation, ...