Miden, a zero-knowledge blockchain, is being designed to address institutional privacy and compliance needs, initially focusing on asset and treasury management and OTC trading, with a long-term goal of serving large financial institutions, governments, and nation-states

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Miden is a zero-knowledge proof-based blockchain aimed at enabling scalable, privacy-preserving applications.
Initially, Miden will focus on use cases like asset and treasury management, over-the-counter trading, and partnerships with trading desks that require privacy, according to Khan. "Our longer-term focus will be on large financial institutions, governments and nation-states," he added. "The ability to have a private yet compliant blockchain that is scalable and decentralized is a major win for those we are targeting."