Zero-knowledge KYC could solve the privacy vs compliance conundrum — VC partner

Cointelegraph

Published Oct 11, 2022 01:38AM ET

Updated Oct 11, 2022 03:20AM ET

As the Web3 industry matures, zero-knowledge Know Your Customer (zkKYC) is becoming more widely discussed as a means to comply with strict financial regulations while maintaining user privacy, according to the partner of a venture capital firm.

In an interview with Cointelegraph, John Henderson, partner at Australian-based venture capital firm Airtree Ventures, said the successful implementation of a zkKYC system would be “great news for both regulators and consumers” and could increase cryptocurrency adoption:

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