Gate News Bot Message, January 8th, According to CoinMarketCap data, as of press time, ZKP (zkPass) is reported at $0.20, up 63.21% in 24 hours, reaching a high of $0.22 and a low of $0.12, with 24-hour trading volume reaching $432 million. Current market cap is approximately $39.9 million, an increase of $15.5 million from yesterday.

zkPass is a privacy data protocol based on MPC, zero-knowledge proofs, and 3P-TLS technology, allowing users to verify true identity and data without disclosing private information. The protocol enables seamless transfer of privacy data between Web2 and Web3 ecosystems through its TransGate product, supporting application scenarios such as ZKKYC, DeFi lending, and medical data trading. zkPass has received support from top investment institutions including Sequoia and has established partnerships with ecosystem partners such as zkLink, Galxe, zkSync, and LayerZero.

Recent Important News for ZKP:

1️⃣ Zero-Knowledge Proof Technology Gradually Entering Mainstream Applications Zero-knowledge proofs, as core technology for privacy protection and identity verification, are becoming an important development direction in the blockchain industry. The rise in privacy demands and regulatory compliance pressures are driving widespread attention to this technology, enabling privacy data protocols built on zero-knowledge proofs to gain high market recognition.

2️⃣ Major Tech Companies Driving Standardization of Privacy Verification Mainstream technology platforms such as Google Wallet have begun integrating zero-knowledge proof technology for identity verification, marking the expansion of this technology from the crypto ecosystem to traditional internet applications. This cross-domain application expansion provides practical application scenario support for projects like zkPass, reinforcing market confidence in the commercial prospects of this technology.

3️⃣ Privacy Protection Needs Becoming Increasingly Urgent Against the backdrop of increasingly stringent digital regulation, users’ attention to privacy data protection continues to rise. The “verify identity without disclosing privacy” solution provided by zkPass precisely meets the urgent need for balance between data security and personal privacy in Web2 and Web3 ecosystems.

This message is not provided as investment advice. Investors should be aware of market volatility risks.

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