VerifiedX, a digital asset infrastructure firm, launched its native privateness layer Prism, enabling confidential transactions for Bitcoin and its token VFX. The system introduces shielded balances and personal transfers whereas sustaining on-chain verification.
The answer helps each vBTC, a local Bitcoin illustration, and VFX, the community’s utility asset. VerifiedX — blockchain infrastructure developer targeted on privateness instruments — applies encryption throughout each property, permitting them to function inside a unified confidential system.
The platform additionally integrates with purposes comparable to Butterfly — shopper crypto interface supplier — to broaden use circumstances past institutional finance. Customers could make non-public funds, work together with monetary companies, and execute automated transactions.
VerifiedX provides programmable options, together with lending, liquidity provision, and algorithmic buying and selling. These capabilities function with out revealing positions or transaction intent.
The system relies on zero-knowledge proofs utilizing PLONK structure. This enables validation of transactions with out exposing underlying information.
Picture: Freepik
