BlockUnion, an Asian Web3 ecosystem platform, has partnered with EthSystems, an Ethereum institutional privacy infrastructure company, to advance institutional on-chain financial solutions. According to Odaily, EthSystems will support ETH HK Hub with institutional education, seminars and technical exchanges as part of the cooperation plan.
EthSystems, founded by Mo Jalil, a former institutional privacy lead at the Ethereum Foundation, works on privacy and compliance challenges for on-chain financial services using zero-knowledge proofs (ZK), fully homomorphic encryption (FHE), multiparty computation (MPC) and trusted execution environments (TEE). BlockUnion will use its Asian network to connect financial institutions and businesses with EthSystems’ technical team and promote the development and application of privacy-focused solutions.