Abstract

Enphyr is designed to address the challenges of data privacy, data tokenization and KYC (Know Your Customer) verification. The protocol utilizes a combination of zero-knowledge proofs (ZKPs), homomorphic encryption (HE), and secure multi-party computation (MPC) to enable users to prove their identity, tokenize their data and meet KYC requirements without revealing their sensitive personal data. The protocol also allows for the selective sharing of data between parties, while ensuring that the data remains confidential and tamper-proof.