Verify privacy-preserving proofs in DeFi smart contracts
When a check is performed on SILENTDATA a cryptographic privacy-preserving proof is produced that can be viewed as a certificate. This proof can also be sent and verified in a blockchain smart contract. This is useful for enabling blockchain and DeFi (decentralised finance) smart contracts to verify user bank account credentials without any identity or private data being sent to the blockchain.
Read our post about blockchain integration
Watch a demo video of the flow