ZKVault: A Privacy-Preserving Decentralized KYC System Using Zero-Knowledge Proofs

Abstract

ZKVault is a privacy-preserving decentralized KYC system aimed at eliminating redundant identity verification and reducing the risks associated with centralized data storage. The project leverages zero-knowledge proofs and blockchain technology to enable users to prove specific identity attributes without exposing sensitive personal information. It ensures secure, tamper-proof, and reusable verification across multiple platforms while maintaining user privacy and regulatory compliance. Experimental results demonstrate efficient performance, with proof generation taking approximately 1.8 seconds and verification under 50 milliseconds, making ZKVault a scalable and practical alternative to traditional KYC systems.