Tel Aviv-based QEDIT, which provides privacy-enhancing technology, is participating in a US government-funded research project that aims to harness advanced cryptography to preserve the integrity of complex software programs, the company announced ahead of Rosh Hashanah.
QEDIT provides a platform that facilitates fraud detection between insurance competitors; intelligence-sharing among banks to identify financial crime; and more efficient identity and certification management processes.
Follow Israel Hayom on Facebook and Twitter
The US Defense Advanced Research Projects Agency (DARPA) awarded R&D specialist firm Galois $12.6 million to leader the project, named Fromager. Galois has allocated $2 million of that funding to QEDIT.
Project Fromager is one of 12 projects being funded in conjunction with DARPA's Securing Information for Encrypted Verification and Evaluation (SIEVE) program.
QEDIT co-founder and CEO Jonathan Rouach said, "QEDIT is delighted to partner with Galois and other esteemed academic institutions as part of this landmark research project on behalf of DARPA. This project underlines the pronounced value of ZKP [Zero-Knowledge Proofs] cryptography as a means of delivering a new, more powerful standard of privacy at the highest levels of industry and government."
Subscribe to Israel Hayom's daily newsletter and never miss our top stories!
