Tencent Cloud, one of the world’s leading providers of cloud computing and Internet value-added services will partner with Discreet Labs to distribute Findora’s confidential ledger products on top of Tencent Cloud. Services include confidential transactions, asset issuance, processing, verification and storage. Findora’s breakthrough zero-knowledge technology provides an efficient way for users to perform complex operations on fully-encrypted data, ensuring full confidentiality and immutability.
Tencent Cloud has a global presence and decades of experience in delivering digital engagement to its massive user base, making it an ideal platform for Findora’s confidential ledger. Tencent Cloud already works with many companies in the finance industry. Tencent clients will benefit significantly from the partnership by receiving enhanced data security and cost-savings through the interoperability of data across partners and services that previously resided in standalone data silos.