The Data Ownership Protocol (DOP) is a privacy-focused solution built on Ethereum's Layer 1 that employs zero-knowledge proofs. Its key features include:
- User-controlled transparency:
– Users can decide what transaction data and asset information to reveal
– Selective disclosure of token holdings and transaction history - Flexible privacy for decentralized applications (DApps):
– DApps can store assets with customizable privacy settings - Built on Ethereum:
– Leverages the security and stability of the Ethereum mainnet
This protocol aims to give users and applications more control over their data privacy while still operating within the Ethereum ecosystem. It offers a balance between transparency and confidentiality in blockchain transactions and asset management.