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Manta Network seeks to bring privacy to non-fungible crypto assets with new NPO platform

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cointelegraph.com

Zk layer 1 blockchain Manta Network announced on March 20 that it has added support for assets including Non-Fungible Tokens (NFTs) and Soul Bound Token (SBTs) to its protocol.

The MantaPay protocol, which initially supported only fungible crypto assets, promises to now allow for privacy-preservation support for NFTs and SBTs through the use of Manta Network’s ZK technology.

ZK technology is a privacy-focused technology that uses Zero-Knowledge proofs (ZK proofs) to enable fully private transactions on decentralized finance (DeFi) platforms.

Today, we are announcing an expansion of @MantaNetwork's ZK capabilities by enabling privacy support for NFTs and SBTs through zkSBTs and zkNFTs.

Read more on cointelegraph.com
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