Kaleido’s Enterprise Clients Can Now Transfer Tokens In Complete Privacy

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Kaleido’s software-as-a-service blockchain solution will now offer an advanced privacy protection service.At the Ethereal Summit Tel Aviv 2019, on Sunday, the company announced a partnership with QEDIT, a developer of privacy technology for enterprise blockchains.Through this partnership, the firm will allow clients to shield sensitive information through zero-knowledge proof (ZKP) cryptography when trading tokenized assets in their marketplace. While the technology is broadly applicable, it has particular utility in the energy and financial sectors. The company has worked with established brands including T-Mobile, Sony, Fox, and UnionBank to build blockchain networks.“Tokens aren’t just about crypto anymore, they’re a digital construct of real world assets,” Kaleido CEO Steve Cerveny told CoinDesk. “They have a shared state [assets that can function on multiple platforms] and need to move from one party to another. In many cases you would want to obfuscate some amount of information.”While transactions remain legible on the blockchain and…

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