Zero Knowledge virtual machine step by step

Here are some more examples that illustrate this position:

(1) Revenue-based lending: verify an organization’s revenue stream, without knowing the specific transaction details or channels.

(2) Regulatory surveillance: verify that an organization is adhering to regulation without requiring access to the details of its activities.

(3) KYC/AML verification without privacy violation: verify age and citizenship of individuals without requiring them to supply their name or any other personally identifiable information.

(4) Contract verification: verify that an organization has entered into a valuable contract with a counterparty without disclosing who the counterparty is.

(5) Vice clause verification: verify that an organization has not been trading with unethical organizations, without having access to the list of organization’s trading counterparties.