TechFlow news, November 24: Brevis has partnered with Kaito to provide cryptographic verification for mindshare and market sentiment data from Polymarket's prediction markets. On November 21, Polymarket launched its first markets based on Kaito's mindshare metrics, allowing users to trade based on sentiment and popularity scores of crypto projects. The challenge with such markets is that when the algorithms generating the data are controlled by a single company, participants cannot verify whether the computations are legitimate or manipulated.
Brevis addresses this issue by using zero-knowledge proofs to verify Kaito’s mindshare calculations without revealing its proprietary algorithm. Each computation generates a cryptographic proof that is verified on-chain on the BNB Chain, enabling market participants to confirm the integrity of the calculations while allowing Kaito to maintain confidentiality of its intellectual property.
This collaboration extends the existing partnership between Brevis and Kaito, who previously introduced privacy-preserving credential verification for Kaito's InfoFi platform. Now, the same zero-knowledge technology can verify the computational integrity of prediction market data, enabling trustless markets based on previously unverifiable metrics.
