Jiritsu Blockchain, Powered by ZK MPC, Uses Avalanche to Verify Real World Assets On-Chain [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
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Source: Yahoo! Finance
Dover, Delaware, April 26, 2024 (GLOBE NEWSWIRE) -- Today the Jiritsu Network, a pioneer in verifiable computing, announced the launch of Jiritsu Layer 1, built on Avalanche 's Subnet technology stack. Powered by Zero-Knowledge Multi-Party Computation (ZK MPC), Jiritsu aims to change how complex real world assets (RWAs) – such as private equity, real estate, supply-chain assets, and many others – are reflected, verified, transacted, and further leveraged on-chain. In leading innovation with ZK MPC technology, Jiritsu has made strides in tackling fundamental challenges around EVM computational limitations, ingesting off-chain data, and automating workflows based on off-chain triggers. While Jiritsu can be applied to a wide range of on-chain use cases, the Layer 1 is launching with Everready Group – a major retailer of medical supplies and equipment, retail items, home goods, and more in the wholesale and e-commerce world. As a leading firm in Amazon's Fulfillment by Amazon (FBA) pro
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