Latest news with #ZKP
The Sun
28-07-2025
- General
- The Sun
Malaysia builds 74 artificial reefs, generates RM84,000 in fish biomass
PUTRAJAYA: The Department of Fisheries Malaysia (DOF) has successfully constructed 74 artificial reefs across six states in 2024, contributing to marine conservation while generating RM84,759 in fish biomass revenue. Funded with a RM2.4 million allocation, these reefs are located in Kedah, Perak, Melaka, Pahang, Terengganu, and Kelantan, including key areas like Pulau Payar and Pulau Redang. To date, 205 artificial reef sites have been established, serving as vital fish breeding grounds and marine biodiversity protectors. Studies reveal each reef produces between 129 and 6,047 kilogrammes of fish biomass. The DOF stated this initiative is part of broader conservation efforts, including habitat restoration, species protection, and sustainable resource management. In marine species conservation, particularly sea turtles, the DOF recorded 7,724 landings nationwide, collecting 565,507 eggs for controlled incubation. A total of 430,568 hatchlings have been released into their natural habitats, including those from previous years. For freshwater conservation, the DOF has set up 13 sanctuaries in Peninsular Malaysia, protecting native species like kelah and giant river prawns. Seven additional sanctuaries are planned for 2025-2026. A fish fry release programme has also dispersed 49.6 million fry since 2021, supported by a RM2.38 million budget. The DOF further expanded conservation through Fisheries Conservation Zones (ZKP), covering coastal areas up to one nautical mile. These zones protect critical habitats like mangroves and coral reefs, benefiting species such as dugongs and seahorses. Since 2014, ZKP has covered 1,734 sq km in Kedah, Perak, and Selangor, with potential expansion to 4,351 sq km nationwide. The DOF remains committed to data-driven conservation, collaborating with government agencies, NGOs, and local communities under policies like the National Agrofood Policy 2021-2030 and SDG 14. - Bernama
Korea Herald
15-07-2025
- Business
- Korea Herald
Ant Digital Technologies's Jovay Launches Testnet, Mainnet launch expected in Q4
HANGZHOU, China, July 15, 2025 /PRNewswire/ -- On July 15th, the Jovay testnet officially launched. As a blockchain specifically built by Ant Digital Technologies for institutional-grade use cases, including RWA and many others, Jovay addresses the core pain points of traditional Layer 2 solutions in performance, security, compliance and scalability through three key technologies: a parallel execution architecture, a progressive hybrid verification mechanism, and a modular architecture. This enables large-scale, high-frequency on-chain transactions possible. The mainnet is expected to launch in the fourth quarter of 2025. Jovay utilizes a three-tier pipeline parallel architecture (transaction-level, block-level, batch-level), which significantly increases throughput while reducing user response times to sub-second level. This ensures real-time performance for scenarios like transfers and RWA contract invocations. Addressing issues like lengthy verification times and dispute period delays in traditional Rollup solutions, Jovay employs a dual-proof system combining Trusted Execution Environments (TEE) and upcoming Zero-Knowledge Proofs (ZKP). This balances performance while reducing reliance on trust in centralized hardware. Jovay also adopts a modular architecture, allowing independent upgrades of each core module based on technological evolution. Leveraging leading technology and mature solutions, Jovay will accelerate the release of asset liquidity. Furthermore, Jovay plans to integrate Ethereum ecological resources, including decentralized wallets, oracles, fund custody, security and compliance, ultimately forming an end-to-end digital asset solution that provides users with convenient, efficient and secure on-chain asset services. "Jovay's architectural design stems from deep insights into real-world scenarios," Jovay stated. "Since its debut in Dubai in April, Jovay has received widespread welcome from global institutions. The launch of the Jovay testnet signifies that blockchain can meet and solve the high-quality demands of institutional-grade financial transactions while maintaining a trustworthy decentralized architecture. This is a key milestone for Web3 infrastructure moving into the mainstream financial market." Jovay is actively seeking aligned ecosystem partners to join us in pioneering this new world. We look forward to exploring mutually beneficial collaborations with dedicated industry participants.
Yahoo
27-06-2025
- Business
- Yahoo
Taurus Releases Open Source Privacy Tech for Stablecoins, Starts With Circle's USDC
Taurus, the Swiss crypto custody technology firm that counts Deutsche Bank among its customers, is rolling out a zero-knowledge proofs (ZKP) privacy layer for stablecoins, starting with Circle's USDC. Taurus's zero-knowledge carapace for stablecoins, a way of secretly sharing details about private data using mathematical proofs, was built on the privacy-centric Aztec Network. It continues work done on ZKP privacy enhancements for security tokens aimed at banks and financial institutions, released by Taurus earlier this year. Unlike everyday stablecoin transactions, the application of ZKP tech means balances and transfers are encrypted and only readable by authorized parties such as issuers and regulators. This prevents unauthorized parties from monitoring wallets, reverse-engineering investment strategies, or physically targeting high-value users, according to a press release on Thursday. Stablecoins are one of the hottest areas within crypto right now. A landmark bill establishing a legal framework for the issuance and oversight of stablecoins was recently passed by the U.S. Senate. Meanwhile, stablecoin supply has surged past $250 billion, a 1200% growth since 2020. The ZKP technology, which is open source, brings on-chain privacy to both the cash-leg and the security-leg of digital transactions, Taurus said. 'We showed that it's possible to protect the privacy and security of stablecoin users while retaining the features of industry-standard stablecoins,' said Jean-Philippe Aumasson, chief security officer at Taurus in a statement. 'This addresses concerns that we've repeatedly heard from banks looking at issuing stablecoins, central banks, and regulators.' Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
