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The Ethereum institutional privacy technology company EthSystems has officially been established to create Ethereum privacy solutions for institutions

The Ethereum institutional privacy technology company EthSystems has officially launched and received strategic funding support from ecosystem backers such as Bitmine, Sharplink Gaming, Joe Lubin, and SNZ Holding.EthSystems focuses on developing privacy technologies for banks, asset management companies, and other regulated entities, enabling institutions to execute financial transactions on the Ethereum network at scale while protecting sensitive information such as transaction details and client identities.The company was founded by the core team of the Institutional Privacy Task Force (IPTF) of the Ethereum Foundation. The team has previously conducted a year-long open-source research and development publicly on the EthSystems website and has established partnerships with several central banks, regulatory agencies, large banks, and asset management institutions. EthSystems stated that while institutions have begun exploring stablecoins, tokenized assets, and Ethereum-based settlement solutions, large-scale adoption still faces privacy and compliance challenges.Financial institutions need more than just access to blockchain networks; they require a complete infrastructure that meets business confidentiality protection, regulatory requirements, and compatibility with existing financial systems. The goal is to create a "selective disclosure" privacy architecture that allows transaction participants to view only the information they are authorized to access, while retaining the core advantages of Ethereum's decentralization, security, and openness, and complementing two other organizations: Ethlabs, which focuses on the research and development of Ethereum's core protocol and infrastructure; Ethereum Institutional, responsible for institutional collaboration, education, market research, and ecosystem coordination; and EthSystems, which focuses on application layer technology, transforming institutional needs into practical privacy protocols and financial systems.

first_img EthStorage & QuarkChain founder Qi Zhou confirmed attendance at the "DeInsight 2024" annual summit

ChainCatcher news, EthStorage & QuarkChain founder Qi Zhou confirmed attendance at the "DeInsight 2024" annual summit to be held on November 11 in Bangkok during Devcon. EthStorage is a modular decentralized storage Layer 2 that offers programmable key-value storage driven by data availability (DA). It provides a long-term DA solution for Rollups and opens up new possibilities for applications across the entire chain.QuarkChain has pioneered the creation of a super world computer—a fully decentralized L2 blockchain network with unparalleled scalability and security. QuarkChain leverages innovative gas tokens to attract billions of users and combines powerful computing capabilities, EthStorage's scalable storage solutions, a full-chain web3:// access protocol, and fast finality error-proof algorithms to provide a comprehensive decentralized solution that rivals traditional computing systems.The "DeInsight 2024" annual summit will be held on November 11 at Hotel Nikko Bangkok in Bangkok. This summit is co-hosted by ChainCatcher and RootData, with SoSo Value as a co-organizer, aiming to bring together elites in the Web3 field to exchange insights on the industry, and is expected to attract over 1,000 industry elites.In addition, the conference will unveil the RootData List 2024 annual heavyweight rankings, objectively selecting influential individuals or organizations in the industry from a data perspective.
EthStorage & QuarkChain founder Qi Zhou confirmed attendance at the "DeInsight 2024" annual summit

EthSign brand has been fully upgraded to Sign: aiming to build an ecosystem covering diverse applications such as SocialFi, RWA, and DePIN

ChainCatcher news, the decentralized electronic protocol signing platform EthSign has announced the launch of its new brand Sign. According to reports, Sign is building a global trust layer that allows all digital information (such as ownership, identity, and certificates) to be verified on-chain, aimed at serving everyone.EthSign co-founder and CEO Yan Xin stated, "Over the past two years, with TokenTable and Sign Protocol, our product scope has far exceeded protocol signing, and using a new brand will help the community better understand us. EthSign remains the best decentralized electronic protocol signing platform and the largest application on Sign Protocol. In addition to EthSign, the proof protocol of Sign Protocol also serves as the infrastructure for various applications in domains such as domain registration, RWA, and DePIN. The development of the crypto-native world requires the introduction of external information and trust, and the infrastructure and applications built by Sign are rapidly advancing towards large-scale use."Previously reported, in February of this year, the full-chain proof protocol Sign Protocol was officially launched. This protocol will serve as the foundational layer for all its applications. The next step for the team will be to plan a trust-based innovative project ecosystem based on the Sign protocol, covering various fields such as RWA (real-world assets), SocialFi (social finance), and DePIN (decentralized IoT).
EthSign brand has been fully upgraded to Sign: aiming to build an ecosystem covering diverse applications such as SocialFi, RWA, and DePIN
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