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⍰ ASK What role did the growth of zero-knowledge proofs and privacy-preserving technologies play in enhancing confidentiality e-payment transactions?

Making electronic payments more private in the U.S. got better because of zero-knowledge proofs and privacy tech. These improvements let transactions be verified safely without giving away sensitive info. User identities and details stay hidden from any possible breaches.

Zero-knowledge proofs especially make sure the information is real without showing the actual data. This added privacy protects against worries about data leaks and unauthorized access, making electronic payments safer.

People feel more confident that their financial transactions are private, encouraging more use of electronic payments. Adding these technologies to payment systems has been crucial for making sure privacy risks are lower and that U.S. electronic payments are trustworthy.
 

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