Chainlink Launches DECO Sandbox for Private Data Verification

🔐 Your Secret is Safe

By Chainlink
Nov 25, 2024, 6:37 PM
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Chainlink Labs has introduced DECO Sandbox, a groundbreaking tool that allows users to verify private data on public blockchains without exposing sensitive information.​

Key features:

  • Proves data authenticity while maintaining privacy
  • Enables bank balance verification without revealing account details
  • Streamlines user onboarding for financial institutions

Primary use cases:

  • Identity verification
  • Proof of funds verification
  • Compliance screening

The sandbox environment is now available for financial institutions and enterprises to experiment with privacy-preserving data solutions.​

Sources
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