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Coinbase Highlights ZK Identity for Enhanced User Privacy

Coinbase introduces advanced ZKP techniques that can prevent breaches like the recent incident by enabling users to verify identity attributes without exposing sensitive information.

medium.com/@concordium
🔗 Concordium’s ZKP Identity Is What Coinbase Needed

Coinbase estimates that the financial impact of the breach could fall between $180 million and $400 million. What’s worse — the implications are not only monetary. They shed a bright light on the weaknesses in the traditional identity infrastructure that underpin even the most advanced digital finance platforms, including the lack of data sovereignty, where users have little control over how and where their personal information is stored, accessed, or exploited.