ZKsync launches Prividium Connect, enabling institutional cross-blockchain private atomic transactions

Odaily Planet Daily News: ZKsync has announced the launch of Prividium Connect, enabling financial institutions to conduct private atomic transactions across existing blockchain networks without relying on trusted intermediaries or third-party bridging services. The solution verifies whether transactions comply with agreed-upon rules using zero-knowledge proofs, while safeguarding sensitive information such as institutional account balances, asset positions, and client identities. If either party fails to complete delivery on time, both can reclaim their respective assets. Prividium Connect currently supports Hyperledger Besu and Prividium Ledger, with future expansion to additional networks based on customer demand. ZKsync also proposes deploying a standardized version on public blockchains, though activation, integration, and fee parameters remain subject to community governance approval.