What If a Supplier Could Prove They Qualify For a Deal Without Showing You Their Cards?
A new decentralized marketplace called H2Ledger allows hydrogen suppliers to prove their eligibility for deals without revealing their exact inventory numbers. This is achieved through the use of zero-knowledge proofs, which confirm that a supplier meets a threshold without disclosing sensitive information. The system aims to address issues in the current green hydrogen credit markets, such as lack of transparency and interoperability.
- ▪H2Ledger enables suppliers to prove they meet minimum requirements without revealing their actual inventory.
- ▪Zero-knowledge proofs ensure that only the validity of a statement is shared, not the underlying data.
- ▪Current hydrogen credit markets face challenges like paper-based certifications and incompatible regulatory frameworks.
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try { if(localStorage) { let currentUser = localStorage.getItem('current_user'); if (currentUser) { currentUser = JSON.parse(currentUser); if (currentUser.id === 3945237) { document.getElementById('article-show-container').classList.add('current-user-is-article-author'); } } } } catch (e) { console.error(e); } Niomi Langaliya Posted on May 24 • Originally published at paragraph.com What If a Supplier Could Prove They Qualify For a Deal Without Showing You Their Cards? #blockchain #web3 #smartcontracts #zkp Let me tell you about a weird negotiation problem I stumbled into. Picture this: a corporate energy buyer needs to confirm that a hydrogen supplier holds at least 3,000 MWh of certified green credits before they'll sign a procurement contract. Fair enough. The supplier has the credits.
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