Why should someone need access to my entire financial history just to verify that I have enough money for a transaction? I've been reading through @primus_labs documentation, and this is one of the problems they're trying to solve. Most of our financial information still sits outside blockchains, especially on centralized exchanges and traditional financial platforms. The problem starts when we want to use that information in DeFi. How can a protocol trust what we own without requiring us to expose sensitive account details? --> Proving assets without revealing everything Primus uses zkTLS to verify information from offchain sources and create cryptographic attestations that other applications can check. Imagine having 10,000 USDT in a centralized exchange account. You want to apply for a loan through a DeFi protocol, but the protocol needs evidence that you actually hold those assets. With @primus_labs a supported application could verify that your balance meets the requirement without needing access to your entire account history. Of course, proving you own assets doesn't automatically mean you're eligible for a loan. The lending protocol still needs to decide how it handles risk. But I think reducing unnecessary information sharing would already make a difference. --> The same approach can work for crypto payments Usually, sending crypto means asking someone for their wallet address. Primus has developed a zkTLS-based payment approach where you can use an email address, X account or GitHub identity instead. The recipient proves ownership of that account and claims the funds into their preferred wallet. There's already a sample application available at: https://t.co/2qfzKkflil I like that people wouldn't need to exchange wallet addresses before making a payment. It's especially useful to consider for someone who's never used crypto before and doesn't want to deal with complicated wallet addresses. --> Why this matters beyond individual users Financial institutions have an even bigger reason to care about privacy. A company might need to prove its reserves or financial position but publishing every account balance and transaction isn't realistic. Primus is working on verification infrastructure that could allow financial information to be checked while keeping unnecessary details private. I don't think every piece of financial data needs to become public just because we're using blockchain technology. What matters is being able to verify the information required for a particular transaction. I'll be following how @primus_labs brings these tools into more real applications, especially lending and payments. If you want to explore the project and complete the available XP tasks: https://t.co/gdio3OGGex #Primus #zkTLS #DeFi #Privacy #Web3