An array of crypto industry investors led by a16z has backed the $28 million funding round for Aleo, a platform designed to support decentralized, private applications.
The project is aimed at making it easier for developers to create applications that employ blockchain tech and zero-knowledge cryptography, the latter of which effectively enables one party to prove to another that they possess certain, private information without actually having to reveal it. Zero-knowledge cryptography has been applied to varying areas in the crypto sphere, including privacy-focused blockchain networks. 
Aleo’s platform „offers a full-stack solution for zero-knowledge, making ZK programmable at every level of the application stack for real-world use to enable decentralized private computing at scale,” the startup said Tuesday.
„Aleo’s platform provides end-to-end tools that enable the development, deployment, and sustainability of privacy-preserving applications. With Aleo, applications and user

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Źródło: https://www.theblockcrypto.com/linked/102350/andreessen-horowitz-leads-28-million-round-for-zero-knowledge-private-applications-platform?utm_source=rss&utm_medium=rss