Blockchain is like a double-edged sword—transparency is both its advantage and its pain point.

The success of Bitcoin lies in its publicly accessible ledger that allows everyone to verify transaction authenticity, which is the foundation of trust. But here’s the question: when this technology enters more complex business and financial scenarios, what then? Sensitive information such as trade secrets, personal financial privacy, and trading strategies—how can they be made public to the world? Early blockchain projects were often disliked by the real economy and mocked as "naked ledgers."

Until now, only a few projects have truly addressed this core contradiction. Their approach is to build a bridge between distributed trust and necessary privacy, creating a new business paradigm that is both open and confidential.

This breakthrough is based on a technology called "Verifiable Privacy," with Zero-Knowledge Proofs (ZKP) being the key. Zero-Knowledge Proofs have a remarkable feature: you can prove that something is true without revealing any other information. In practical applications: a transaction can be verified to comply with anti-money laundering rules, while the identities of the parties and the amounts remain private; an asset token can prove that it is backed by sufficient real-world assets without disclosing sensitive details of the collateral; investors can prove their eligibility for private placements without exposing all their asset information.

This capability fundamentally changes the way blockchain interacts with the real world. Privacy protection is no longer a bottleneck for blockchain applications; instead, it becomes a competitive advantage in traditional finance.