In traditional lending, checking credit and verifying income requires handing over all privacy data; on-chain lending is even more exaggerated, as any movement of the address puts the flow of funds and asset status under the "spotlight"—to borrow money, one has to either gamble on trust or sell privacy.

Now the combination of @ZKVProtocol and @StormbitX has directly eliminated this multiple-choice question. They have created a "privacy filter" using zkTLS technology: your income flow, deposit proof, and credit records can be fully verified without leaking any original data. It's like submitting an "encrypted asset report" to the bank, allowing them to confirm your repayment ability without seeing the specific details in the report.

The smarter move is the "outsourcing" operation of the verification process. zkVerify, as a professional verification infrastructure, is compatible with various ZK proof schemes, taking over the originally costly and time-consuming verification process, significantly reducing costs while also supporting large-scale lending demands. Borrowers do not need to expose their privacy, and lenders have authoritative verification as a safety net, making both parties feel secure.

This wave of operations has completely rewritten the game rules of on-chain lending: it retains the transparency and trustworthiness of blockchain while also addressing the shortcomings of privacy protection.

#ZKVProtocol zks #Starboard @HorizenLabs
$VFY @ZKVProtocol