In the previous post, we talked about how @Succinct changes the very nature of trust, transferring it from the hands of intermediaries to the realm of mathematical proofs (see the previous issue). But what does this look like in practice?
Let's try to consider a few scenarios.
Imagine electronic elections 🗳️. Usually, we rely on government bodies to count the votes. But there is always doubt: was there any interference, are the data really accurate? Succinct allows voters to get proof that their vote was counted correctly, without needing to reveal who exactly they voted for. This is a balance of transparency and privacy that just recently seemed impossible.
Another example is financial markets 💹. Here, speed and transparency are crucial. Thanks to Succinct technology, complex transactions or even entire batches of operations can be instantly verified without revealing confidential data. This reduces fraud risks, increases trust in the market, and simultaneously lowers costs.
What about international cooperation? 🌍 Imagine countries that verify compliance with climate commitments but do not want to disclose all internal data. ZK-proofs make this possible. And here, Succinct acts not just as a technology, but as a foundation for a new model of interaction — when global trust is created without intermediaries.
Such examples show why I am exploring Succinct in this series. Subscribe 📌 — here you will gain an understanding of how this technology is already capable of changing politics, the economy, and society.
And tomorrow we will dive into an even more interesting topic — we will talk about why the 'scale of trust' is the main advantage of Succinct and how it distinguishes this technology from previous solutions. I guarantee: it will be hot 🔥