Daily Edition · Page 6

THE DAILY INDEX

Technology, AI, software, security, crypto and business

MARKETS & BUSINESS

TLDR Crypto

CHAINLINK ANNOUNCES PRIVATE TRANSACTIONS

Chainlink has introduced CCIP Private Transactions, allowing financial institutions to securely connect private blockchains to the multi-chain economy while maintaining data privacy. Australia and New Zealand Banking Group (ANZ) will pilot this capability for cross-chain settlement of tokenized real-world assets under Singapore's Project Guardian to demonstrate the potential for end-to-end privacy between blockchain networks.

WORLD'S FIRST ZK-BACKED DIGITAL IDENTITY LAUNCHED IN BUENOS AIRES FOR 3.6M ELIGIBLE CITIZENS

Buenos Aires has launched the world's first ZK-backed digital identity, successfully granting 3.6M citizens access to government services and the ability to verify credentials without exposing personal data, thanks to blockchain and zero-knowledge(zk) cryptography. By integrating QuarkID into the miBA platform, a digital platform for accessing government docs, residents now gain self-sovereign control over their digital identities, with the government no longer having visibility into how or when these identities are used.

HOW BLOCKCHAIN CAN HELP FIGHT FAKE AI

Blockchain-based identity platforms like Civic and Worldcoin are potential solutions for verifying human authenticity online. These systems combine biometrics, zero-knowledge proofs, and other cryptographic methods to prevent Sybil attacks in token airdrops and facilitate proof of humanity. While privacy concerns around biometric collection remain prevalent, client-side storage and consent-based access address these issues.

SKY MULLS CHANGES TO BRAND IDENTITY, POTENTIAL RETURN TO MAKERDAO

Sky, formerly known as MakerDAO, is considering a return to its old branding after a token migration in September. Founder Rune Christensen presented three options for the protocol: stay as Sky, return to the original Maker vision, or rebrand to Maker but make small changes to the new USDS stablecoin and foster better subDAO alignment. Though there are concerns about SKY's utility, the USDS stablecoin has achieved over 1 billion in total supply and integrations with DeFi protocols like Aave.

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