Accountable provides a real-time financial verification standard for institutions dealing with tokenized assets. Their Data Verification Network (DVN) enables continuous, privacy-preserving proof of solvency by connecting onchain and offchain data sources. This infrastructure supports products like Proof of Solvency (PoS) and Vault-as-a-Service (VaaS) to build transparent financial markets.
Funding
$2.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MCZPFounders
Product
Problem
In crypto lending, a lack of transparency around financial data creates distrust, making it difficult for users to verify asset backing and overall financial health. Traditional methods lack real-time monitoring capabilities, hindering the ability to detect potential risks and ensure solvency.
Solution
Accountable offers a data verification platform that leverages Zero-Knowledge Proofs (ZKPs) and other cryptographic methods to provide transparency while preserving user privacy in crypto lending. The platform enables real-time monitoring of reserves and liabilities, allowing users to verify asset backing and financial health. By utilizing technologies like zkTLS and secure enclaves, Accountable ensures that sensitive information remains protected while still providing verifiable insights into financial data. This approach fosters greater trust and confidence within the crypto lending ecosystem.
Target Audience
Accountable's primary customers include crypto lenders, borrowers, protocols, stablecoin issuers, and exchanges seeking to enhance transparency and trust in their operations.
Features
- Employs zk-SNARKs, zkTLS, and other cryptographic primitives for privacy and transparency.
- Provides real-time monitoring of asset reports for granular insights and data integrity.
- Supports integrations with over 30 blockchains, including Ethereum, Bitcoin, and Solana.
- Connects to leading custodians like Fireblocks, Copper, and Coinbase Prime.
- Integrates with exchanges such as Coinbase, Binance, Kraken, and Bitfinex.
- Offers compatibility with wallets like Ledger and various banking systems.
- Supports portfolio management systems like Haruko.
- Utilizes a decentralized backend that never stores keys or sensitive information in the cloud.