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Nexus Laboratories raises $25 million from Pantera and Lightspeed to expand ‘zero-knowledge’ privacy tools

Nexus Laboratories, Inc. is a virtual machine—software that emulates a physical computer—that wants to bolster trust in the internet. To do so, Nexus is betting on a species of cryptography called “zero-knowledge proofs,” or zk-proofs, which allow one party to prove to another that a piece of data is true, without conveying the underlying data. A simple analogy: a drivers’ license scanner that reveals someone is 21 without disclosing their name or address. Nexus believes zk-proofs are powerful and wants to make them accessible to any developer.

source:https://fortune.com/crypto/2024/06/10/nexus-laboratories-raises-25-million-from-pantera-and-lightsped-to-expand-zero-knowledge-privacy-tools/

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