zkMe Integrates with BounceBit to Empower Privacy and Compliance on BounceBit Network
We are excited to announce a significant integration between zkMe and BounceBit, aimed at enhancing staking rewards for Bitcoin holders. This partnership seeks to enhance privacy and compliance on the BounceBit network by integrating zkMe’s zkKYC solutions.
BounceBit offers institutional-grade yield products, restaking use cases, and CeDeFi as a service. Its dual-token PoS Layer 1 chain is secured by Bitcoin and $BB, ensuring high security with full EVM compatibility. BounceBit’s mission is to democratize high-yield opportunities, making them accessible to retail investors and smaller institutions through innovative CeDeFi solutions.
zkMe, a pioneer in privacy-centric identity solutions, is collaborating with BounceBit to utilize its robust infrastructure and seamless integration capabilities. This integration will introduce zkMe’s cutting-edge suite of on-chain compliance solutions to a wider user base within the BounceBit ecosystem.
Benefits of zkMe on BounceBit
At the core of zkMe’s innovative technology are zero-knowledge proofs, which facilitate user credentials verification while safeguarding personal information. This approach guarantees unparalleled levels of privacy and security for BounceBit users. The integration not only strengthens privacy and security measures but also establishes new benchmarks for Web3 native-compliant solutions within the BounceBit ecosystem.
Additionally, zkMe’s scalable identity solutions, designed to leverage BounceBit’s CeDeFi scalability, offer efficient and cost-effective identity verification services essential for the evolving needs of decentralized applications on BounceBit. Furthermore, zkMe streamlines the verification process, enhancing efficiency and providing a superior user experience.
“We are pleased to support the BounceBit network by integrating our privacy-focused identity solutions,” stated Alex Scheer, Founder and CEO of zkMe. “This collaboration extends our reach to a larger community, benefiting users by giving them more ownership of their privacy.”
Contact Us
Ready to dive deeper into how zkMe can help your project on BounceBit? Learn more or contact us directly at contact@zk.me for more information.
About BounceBit
BounceBit pioneers CeDeFi infrastructure, offering institutional-grade yield products, restaking use cases, and CeDeFi as a service. BounceBit’s dual-token PoS Layer 1 chain is secured by Bitcoin and $BB, ensuring high security with full EVM compatibility. By designing Liquidity Custody Tokens (LCTs) and partnering with CEFFU, BounceBit enables users to earn tangible interest from CeFi and utilize LCTs for restaking and on-chain DeFi farming.
About zkMe
zkMe builds zk Identity Oracles for truly decentralized & anonymous cross-chain credential verifications.
No personal information is ever processed by anyone but the user themselves. Data leaks & misuse by the service provider are impossible; full interoperability & reusability result in a superior ID solution. zkMe’s is the only FATF compliant KYC provider to be fully decentralized, offering a full suite of products from anti-bit/anti-sybil, to KYC and more.
For more information, follow the links below: Website | Twitter | Discord | Docs |