QED-it

The firm's core business revolves around the use of Zero-Knowledge Proof (ZKP) cryptography, enabling companies to collaborate using sensitive data without exposing the underlying confidential information. This technology acts as a trust accelerator, allowing parties to verify information without direct data sharing, which is crucial for maintaining a competitive edge and complying with data privacy regulations. QEDIT's platform is designed for various industries, offering solutions for banks to maintain confidentiality in asset transfers and for companies to manage supply chains with their partners while preserving privacy. The business model targets enterprise clients, providing them with a privacy layer for blockchain and distributed ledger technologies. Key partnerships have been formed with major players like VMware, Ant Group, and RGAX (a subsidiary of Reinsurance Group of America) to integrate its privacy solutions.

QEDIT offers a suite of products and services centered on its ZKP technology. These include secure asset transfer systems for both public and private blockchains, contributions to Central Bank Digital Currency (CBDC) design with a focus on privacy, and the development of shielded asset capabilities for confidential transactions. The company is also actively involved in the standardization of ZKP through the ZKProof.org initiative. A notable product is "QEDIT for Spreadsheets," an Excel add-in that allows users to find matching data across different spreadsheets without either party revealing their full dataset. In May 2019, the company announced a $10 million Series A funding round led by MizMaa Ventures, with participation from Ant Financial and RGAX, among others, adding to a previous $3 million seed round.