Manta Community seeks to convey privateness to nonfungible crypto property with new NPO platform

Zero-knowledge layer 1 blockchain Manta Community introduced on March 20 that it had added assist for property, together with nonfungible tokens (NFTs) and soulbound tokens (SBTs), to its protocol. The MantaPay protocol, which initially supported solely fungible crypto property, guarantees to now enable for privacy-preservation assist for NFTs and SBTs by means of using Manta Community’s ZK know-how. ZK know-how is a privacy-focused know-how that makes use of zero-knowledge proofs (ZK proofs) to allow totally personal transactions on decentralized finance (DeFi) platforms.

The corporate stated that its NFT Personal Providing platform is a launchpad for NFTs and SBTs that seeks to allow customers to privately launch zkNFTs/zkSBTs with out requiring technical or cryptographic experience. By using zero-knowledge proofs (ZKPs), customers are supposed to securely and privately mint NFTs and SBTs whereas defending the privateness of their crypto property. This platform promise to make sure that solely the validity of the transaction is revealed with out disclosing any extra data.

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