zCloak Network September Monthly Update

zCloak Network
4 min readSep 30, 2024

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zCloak Network September Monthly Update Poster

Welcome to zCloak Network’s September newsletter! This month, our R&D team has improved our products, boosted capabilities, and investigated innovative solutions to maintain our competitiveness. September is an event-booming month, so we’ve organized several offline marketing events and collaborated with KOL Ambassadors to broaden our reach. Let’s go over the details. In this edition, we’ll delve into the specifics of these advancements, offering you a thorough update on our progress and future plans for zCloak Network. From exciting new features to strategic marketing initiatives, there’s much to anticipate!

Products and Technology

Visa and Solana met ZKP

In September, zCloak Network partnered with the DePIN project UP Network in Singapore to submit the world’s first POS machine transaction to Solana using Zero-Knowledge Proof.

By tipping a Visa card to pay on a regular POS machine, the transaction details are made into a verifiable credential in the acquirer’s server and anchored to the Solana blockchain in a privacy-preserving manner. Subsequently, a local computation of the transaction fee is performed using a zkVM, without sending private payment details to any outside server or ZK mining machine. This is in line with the financial regulations of Singapore, which mandate that all payment data must be kept local. The generated ZKP is sent to the universal ZKP verification layer, the Cloaking Layer of the zCloak Network for verification. The verification result is digitally signed by the same ZKP verification contract using the threshold signature of ICP and written back to Solana.

The successful demonstration of the payment flow coupled with ZKP proving the transaction fee in Solana showcased the effectiveness and flexibility of Cloaking Layer during the Token 2049 event. This is also the world’s first real-world use case that combines ZKP with payment on Solana. zCloak Network is set to make more real-world ZKP use cases possible with our Cloaking Layer.

Show Case of Visa & Solana Met with ZKP

Event

Token 2049 in Singapore

During Token2049,zCloak Network successfully participated in the Dfinity-hosted side events at The Fullerton Hotel from 19 to 20 September, hosting a two-day offline booth showcase. Through well-curated product demonstrations, on-site Q&A sessions, and interactive user experiences, zCloak significantly boosted its brand awareness, attracting approximately 300 visitors, including potential clients, investors, and industry partners. During the event, we identified over 20 potential collaboration opportunities across media, technology partners, and industry influencers, laying a strong foundation for future market expansion.

This event presented a good opportunity for zCloak’s strategic growth within the industry. In the future, we plan to introduce more interactive elements in future events, like raffles, competitions, and giveaways, to deepen user engagement and brand loyalty. We will continue to refine our booth experience and marketing strategy to sustain and enhance our brand’s influence.

Cloaking Layer Ambassador Program

Cloaking Layer Ambassador Program Poster

From Aug.15 to Sep. 12, the Cloaking Layer Ambassador Program ran for 4 weeks. Designed to promote multichain zero-knowledge proof(ZKP) verification solution, the program successfully engaged a dedicated group of Ambassadors committed to advancing privacy-preserving blockchain solutions. Our Ambassadors created a wealth of high-quality content, including articles, tutorials, and videos, making complex concepts more accessible to a broader audience.

Throughout the 4-week program, more than 80 pieces of content were produced, including blog posts, social media updates, videos, and webinars. Each piece was designed to highlight the unique features and benefits of the Cloaking Layer. The content performed exceptionally well with the target audience, averaging over 3,000 views per piece, demonstrating strong engagement and interest.

As we wrap up the Cloaking Layer Ambassador Program, we extend our heartfelt gratitude to all Ambassadors for their hard work and dedication. Their efforts have significantly contributed to our mission of democratizing zero-knowledge technology. Though this chapter has closed, the relationships formed and insights gained will continue to shape our journey forward.

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zCloak Network
zCloak Network

Written by zCloak Network

zCloak Network is a Real-World Identity (RWI) infrastructure for Web3. Website: zcloak.network; Product: zkid.app

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