Zero-Knowledge Proofs (ZKPs) are revolutionizing data security by enabling one party to prove the validity of information to another party without revealing any of the information itself. This cryptographic breakthrough, which originated from research in the 1980s, has profound implications for privacy and security in the digital age. ZKPs are built on three core principles—completeness, soundness, and zero-knowledge—which together ensure that only true statements can be proven without leaking any underlying data.

The global blockchain technology market is projected to reach a value of $1.4 trillion, growing at a compound annual growth rate (CAGR) of over 85% from 2023. This explosive growth underscores the transformative potential of Distributed Ledger Technology (DLT) in reshaping the digital finance landscape. As these technologies continue to disrupt traditional financial systems, they bring a host of regulatory challenges that demand innovative solutions.