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KR1 PLC invests US$200,000 into personal data network pioneer Starks

KR1 PLC invests US$200,000 into personal data network pioneer Starks
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KR1 plc - Investment: Starks Network

KR1 plc - Investment: Starks Network PR Newswire Investment: Starks Network KR1 plc (KR1:AQSE), a leading digital asset investment company, is pleased to announce that the Company has invested a total of US$200,000 in the Starks Network ( STN ) project. KR1 took part in Stark s seed funding round, which was led by IOSG Ventures and Hypersphere Ventures. Starks Network enables computation and analysis of personal data without sending them to third parties, preventing private data from being stolen or misused. The Starks Network enables a novel approach of Self-Sovereign Data and Self-Proving Computation and uses a zk-STARK based virtual machine for general purpose computations, providing Zero-Knowledge Proofs as a Service ( ZKPaaS ) to other parachains in Polkadot or Kusama. As such, the network could become a backbone as a confidential computation infrastructure for the ecosystem in the future.

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