BlockUnion and EthSystems Announce Ecosystem Partnership to Advance Institutional-Grade Privacy Infrastructure on Ethereum

Odaily reports that Asian Web3 ecosystem platform BlockUnion has announced an ecosystem partnership with EthSystems, an institutional-grade privacy infrastructure company on Ethereum, to jointly advance the development and application of institutional-grade on-chain financial solutions.

EthSystems was founded by Mo Jalil, former Head of Institutional Privacy at the Ethereum Foundation, and focuses on leveraging technologies such as zero-knowledge proofs (ZK), fully homomorphic encryption (FHE), multi-party computation (MPC), and trusted execution environments (TEE) to address data confidentiality and compliance challenges in the process of bringing financial operations on-chain.

Under part of the partnership plan, EthSystems will support ETH HK Hub in conducting institutional education, thematic seminars, and technical exchanges, and will leverage BlockUnion's ecosystem network in Asia to connect financial institutions and enterprises with the EthSystems technical team, driving the development of privacy-preserving applications and institutional-grade on-chain financial solutions.

The partnership aims to further connect institutional needs with Ethereum-native technology and promote the practical application of Ethereum smart contracts in enterprise-level financial scenarios.