PADO Labs announced that it completed a $3 million seed round of funding half a year ago and will launch the beta version of its product.
2023-08-18 07:49
Odaily News According to official sources, cryptography technology provider PADO Labs announced that it has completed a $3 million seed funding round six months ago and is about to conduct internal testing for its beta version product.
According to the introduction, PADO will use cryptographic algorithms and technologies such as interactive zero-knowledge proofs (IZK) and secure multi-party computation (MPC) to integrate off-chain data into the on-chain world. This algorithm ensures compliant, secure, private, and verifiable links, promoting the creation of interconnected and composable user credit credentials.
According to the introduction, PADO will use cryptographic algorithms and technologies such as interactive zero-knowledge proofs (IZK) and secure multi-party computation (MPC) to integrate off-chain data into the on-chain world. This algorithm ensures compliant, secure, private, and verifiable links, promoting the creation of interconnected and composable user credit credentials.
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