Cypher Lab at Viva Technology

Cypher Lab
June 6, 2024

We are honored to have presented Cypher Lab at Viva Technology, a premier platform for innovation and technological advancement. This event provided an excellent opportunity to showcase our latest projects, Alice's Ring and its real-world application, XRPL Solvency, demonstrating our commitment to advancing the blockchain ecosystem.

Alice's Ring represents a significant leap in cryptographic technology. It leverages the principle of ring signatures to provide a secure alternative to Zero-Knowledge Proofs (ZKP) for generating "group membership." This protocol allows for the verification of group membership without disclosing the identities of individual members, thus ensuring privacy and security.

XRPL Solvency is the first application derived from Alice's Ring. It allows XRPL users to demonstrate their solvency in XRP to third parties by generating a cryptographic proof. This proof is designed to protect user privacy by not revealing any additional information about the prover, such as their identity or transaction history. This application maintains the necessary balance between transparency and privacy, crucial for the trust and integrity of the XRPL ecosystem.

In the coming weeks, following extensive development and rigorous auditing, we will be releasing more detailed information about Alice's Ring and XRPL Solvency. We are excited to share the fruits of our labor with the broader community and look forward to the positive impact these innovations will have.

We extend our gratitude to PwC for organizing this event and to everyone who visited our booth at F25, Hall 1. Your interest and engagement are invaluable to us as we continue to push the boundaries of what is possible in blockchain and cryptography.

Stay tuned for further updates as we continue our journey of innovation