Wirex taps ZK-proofs for non-custodial crypto debit card issuance
Wirex first launched its crypto debit card in 2015 and currently claims over six million customers. Crypto payment service provider Wirex announced the launch of a zero-knowledge proofs -based non -custodial crypto debit card service called W-Pay. Wirex’s new decentralized solution utilizes Zero-Knowledge technology and is built on Polygon's Chain Development Kit (CDK), promising increased scalability and security. Polygon CDK has been built with ZK proofs in focus as it enables companies and users to build their own ZK-powered Layer 2 rail. ZK-proofs-based scalability solution has become quite popular in the crypto space as the zero-knowledge protocol allows one party to convince another party that something is true without disclosing anything other than the fact that the claim in question is true. Over time, Ethreum and the likes of Polygon have seen the most development related to ZK-proofs. W-Pay offers a range of ground-breaking features that enable non-custodial wallets ...