In the ZKP track, most projects still focus on 'enhancing technical capabilities', attempting to expand application boundaries by optimizing proof efficiency and reducing costs, but they have never truly integrated trustworthiness into the core production logic of the digital economy. The disruptive innovation of Succinct is centered around the SP1 zkVM, breaking free from the positioning of 'technical tools' and upgrading 'trustworthiness' from being an 'auxiliary verification method' to an equally important 'basic production element' alongside data and computing power—making SP1 the central hub for 'production, circulation, and value addition' of trusted elements, fundamentally changing the traditional production model of the digital economy that emphasizes information over trustworthiness.
Succinct constructs a 'standardized production system for trusted elements' using SP1, solving the problem of 'fragmented supply of trustworthiness'. In the traditional digital economy, trusted proofs are mostly 'non-standardized products': the formats of trusted reports generated by different enterprises vary, and the standards for carbon trusted data in different scenarios differ, making it difficult to achieve large-scale supply of trustworthiness. Succinct establishes 'production standards for trusted elements' through SP1: unifying the collection dimensions of trusted data (such as equipment operations and maintenance that need to include core indicators like fault-free duration and maintenance compliance rate), verification logic (achieving cross-chain unified verification based on the RISC-V instruction set), and output formats (accompanied by ownership hash, timeliness labels, and scenario adaptation codes), ensuring that trusted elements generated by different subjects and in different scenarios possess 'universality'. For example, in the manufacturing industry, the trusted elements of equipment generated by enterprises through SP1 not only meet industry acceptance standards but can also directly connect to bank risk control systems and second-hand transaction valuation models; in the green energy sector, the carbon trusted elements generated by SP1 can seamlessly integrate into major domestic and international carbon trading platforms without secondary conversion. This standardization allows for 'large-scale production' of trusted elements; after accessing a manufacturing industrial cluster, the efficiency of generating trusted elements increases by 85%, and the cross-enterprise reuse rate rises from 20% to 75%, completely solving the pain points of 'fragmented trusted supply and high reuse costs'.
More importantly, Succinct uses SP1 to build an 'efficient circulation network for trusted elements', breaking down 'elemental islands'. Traditional trusted proof flows are often constrained by 'chain domain, scenario, and主体 barriers': trusted elements of assets on Ethereum cannot be used in the Bitcoin ecosystem, and trusted data from the industrial side is difficult to enter the financial circulation process. Succinct designs the 'cross-domain trusted circulation protocol' through SP1: it gives each trusted element a 'universal interaction interface', supporting seamless connections between different public chains (Ethereum, Bitcoin, industrial blockchain) and different systems (enterprise ERP, financial risk control platform); at the same time, the protocol supports 'splitting and aggregating trusted elements'—large trusted elements of equipment can be split into standardized small units for flexible use by small and micro enterprises, and multiple small trusted elements can also be aggregated into large certificates for financing. A certain manufacturing enterprise splits 1 million yuan worth of trusted equipment elements into 50 units for 5 small businesses to pledge for loans, while earning a share of the profits through element circulation; small businesses then use trusted elements to fill the 'credit gap', successfully obtaining bank loans, allowing trusted elements to circulate freely like data and funds.
Succinct also activates 'value-added application scenarios for trusted elements' using SP1, releasing the economic value of elements. The value of traditional trusted proof only stays at 'verification passed', unable to be directly converted into production revenue, while Succinct explores the 'multiple value-added paths' of trusted elements through SP1. On one hand, trusted elements can serve as a 'pricing basis'—banks set loan amounts and interest rates based on the trustworthiness score (0-100 points) of enterprises, with companies scoring above 90 enjoying a 15% lower interest rate than ordinary loans; insurance companies adjust premiums based on the trustworthiness level of equipment, with high-trust equipment premiums reduced by 20%. On the other hand, trusted elements can participate in 'value co-creation'—the trusted elements of digital works by individual creators can connect to cultural and creative platforms for 'trusted authorization sharing'; idle equipment trusted elements of enterprises can be shared with upstream and downstream enterprises in the industry chain, enhancing overall collaborative efficiency. The carbon trusted elements of a certain photovoltaic power station not only achieve transaction monetization in the carbon market but also gain green credit interest rate discounts due to their high trust level, increasing annual comprehensive revenue by 4 million yuan; a digital illustrator authorizes the trusted elements of their works to a brand through SP1, with average monthly earnings exceeding 10,000 yuan, making trusted elements the 'core asset for creating incremental value'.
The core competitiveness of Succinct has never been about 'leading technical indicators', but about upgrading 'trustworthiness' from a 'technical attribute' to a 'basic production element' of the digital economy using SP1. It solves supply problems through standardized production, breaks down element barriers through efficient circulation, and releases economic value through value-added applications, ensuring that trustworthiness truly integrates into all processes of production, exchange, distribution, and consumption in the digital economy. This positioning not only creates a unique barrier for SP1 in the ZKP track but also makes Succinct a key force in shifting the digital economy from 'information-driven' to 'trusted element-driven', opening up a new path for ZKP technology from 'technical breakthroughs to element reconstruction'.
