One of the leading high-tech companies in Europe is uniting with a framework focused on security and confidentiality.
Anonymity of global reach
Share cryptopotato Through a news release, the Aleo Network Foundation, a nonprofit organization responsible for health for the ALEO network, has announced its partnership with Revolut.
The former develops a privacy and compliance-focused infrastructure that enhances secure, programmable payments. The Fintech company has over 60 million customers worldwide and introduces ALEO tokens to its app.
Revolut is currently one of Europe’s most encryption-friendly companies and provides a platform for trading and storing digital assets.
What Areo Network brings to the partnership is the blockchain ecosystem layer with zero knowledge (ZK) encryption. It provides the underlying infrastructure that other blockchains, stubcoin, and businesses can integrate to achieve parity from a privacy and compliance perspective.
Currently, MICA regulations establish clear standards across continental Europe, so this path is clear for innovation and private payments. Merging privacy layers and revolutes will help shape the future of blockchain systems for institutions and developers, and enhance the next generation of technology focused on digital assets.
It was Josh Hawkings, Strategy EVP, Polyci & Communications who spoke about this issue.
“Together with Revolut, we will strengthen our mission to incorporate privacy into the foundations of tomorrow’s financial system. (…) By treating privacy not as a barrier, but as a catalyst for innovation and compliance, we will ensure that blockchain continues to evolve as a tool of empowerment and not as surveillance.
