Mina Foundation Launches Developer Version of Privacy Extension Framework for Security Token Issuance

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According to Foresight News, the Mina Foundation announced a collaboration with Mirae Asset Financial Group, releasing the developer version of the Security Token Offering Privacy Extension (STOPE). STOPE is a framework for sharing private assets to the public world, using zero-knowledge proof technology, enabling institutions to securely disclose financial data and allowing asset owners to generate zk-SNARK proofs of ownership. Asset owners subsequently create proofs based on this zk-SNARK. The STOPE framework contains three core components: the publisher (STO ZK Bridge), private/secure off-chain storage, and user proof generator.

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