Why haven't companies gone on-chain yet? zk-SNARKs will change everything.

Have you heard of it? Why are the Fortune Global 500 still using centralized databases? To put it simply, it's all about one word: privacy.

Public chains are inherently transparent to the core—your supply chain list, business quotes, employee salaries, financial statements, all exposed on the blockchain. Which big company would dare to do this? Competitors can see your supplier list and procurement prices, and they can easily undermine you. This is why enterprise-level applications have never exploded—not because the technology is inadequate, but because it is intolerable to lose business secrets.

Zero-Knowledge Proofs: Giving Enterprises a “Privacy Vest”

A new Layer 1 network has used a clever approach: instead of requiring you to disclose data, it allows you to prove the authenticity of the data while concealing the specific content.

For example:

• The auditor needs to verify your balance sheet → You don't have to disclose the numbers, just give them a cryptographic proof: “My assets are indeed greater than my liabilities”
• Pharmacies need to verify the authenticity of prescriptions → Patients only need to prove “I have a valid prescription” without exposing the entire medical history.
• Supply chain traceability → Factories can prove the authenticity of product origins without disclosing the specific supplier.

This technology is called zk-SNARKs and zk-STARKs, and the core idea is: verification ✓, disclosure ✗.

Do companies really need this?

Of course it's necessary. Imagine this:

• Financial Audit: Banks can prove that reserves are sufficient without disclosing every transaction.
• Supply Chain: Brand owners prove product authenticity and protect business secrets.
• Healthcare: Patient data privacy + medical traceability both ensured
• Identity Verification: Prove you are over 18 years old without disclosing your date of birth and address.

This is not a small application; this is an enterprise-level demand worth trillions of dollars that has been calling out but no one is meeting.

Performance must keep up

Having privacy alone is not enough; it also needs to withstand enterprise-level traffic. This network uses zk-Rollups technology, which can compress thousands of transactions into a single proof, supporting tens of thousands of transactions per second, with low fees. The global supply chain and financial markets cannot wait.

Summary in One Sentence

This is the moment when the long-hidden wall between blockchain and enterprise applications is broken down. There are rumors that the whitelist will soon be open, which could be the earliest opportunity to participate in enterprise-level on-chain infrastructure. Many people are focusing on this project because it is not about speculation but rather solving real business challenges.

The era of enterprises going on-chain is really coming.