The problem ZephyrShield solves

In the current landscape of decentralized finance (DeFi), the integration of stablecoins has become integral to fostering a reliable and efficient financial ecosystem. However, a critical challenge lies in the inherent lack of privacy and security associated with traditional stablecoins. To address this concern, the implementation of a zero-knowledge proof privacy layer for bridging Fathom stablecoin emerges as a crucial necessity.
The primary problems to be addressed include:

•   Lack of Transaction Privacy:
  

  • Existing stablecoins often expose user transaction details on the blockchain, compromising user privacy.
  • Privacy is a fundamental requirement for users seeking confidentiality in their financial transactions, and the absence of robust privacy measures poses a substantial obstacle to adoption.

•   User Adoption and Trust:
  

  • Privacy concerns are significant deterrents for users considering the adoption of stablecoins.
  • A zero-knowledge proof privacy layer has the potential to enhance user trust and confidence, thereby driving broader adoption of Fathom stablecoin as a secure and private financial instrument.

•   Regulatory Compliance:
  

  • Regulatory bodies are increasingly emphasizing the importance of privacy-preserving technologies to ensure compliance with evolving financial regulations.
  • Implementing a zero-knowledge proof privacy layer is essential for user confidentiality

•   Scalability:
  

  • As the demand for stablecoins continues to grow, scalability becomes a critical concern.
  • The privacy layer should be designed with scalability in mind, ensuring that the increased volume of transactions does not compromise the efficiency and privacy features of the bridging process.

Challenges we ran into

The bridging of Fathom token to the privacy layer . Wallet was not working properly so it take some time to show transaction data