zCloak Network is a pioneering privacy-preserving computing platform with the slogan "Reclaim Identity, Rebuild Trust." Founded in 2021 and headquartered in Hong Kong S.a.r., the company received a significant $5.80M Seed Round investment on June 17, 2022, which was backed by prominent investors including Coinbase Ventures, Bixin Ventures, Matrix Port, Sancus Ventures, Sanctor Capital, Hash Global, Ceras Ventures, and KuCoin Ventures. The platform facilitates a new computation paradigm by enabling users to perform computation and analysis of their data on client devices rather than centralized servers, ensuring data privacy and security. Leveraging zero-knowledge cryptography and verifiable credentials, zCloak Network ensures the trustworthiness of both the computation process and user data. Notably, the company empowers users to demonstrate specific attributes or meet particular requirements without disclosing private data, with the user proofs being accessible on major public blockchains through zCloak's oracle service. This feature allows third-party Dapps to offer personalized services to their users by utilizing this information. With a focus on Blockchain and Web3 industries, zCloak Network is at the forefront of redefining trust and privacy within the digital realm.
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