Verifiable utility describes the demonstrable and auditable usefulness or function of a digital asset or blockchain protocol. This concept requires that the stated purpose or benefit of a token or system can be objectively proven and inspected. It helps distinguish genuine projects with practical applications from purely speculative ventures. Transparency and clear functionality are key attributes.
Context
In the digital asset market, verifiable utility is a significant factor in regulatory assessments, particularly concerning the classification of tokens as securities. The situation often involves projects needing to clearly articulate and demonstrate how their tokens provide a tangible service or access a functional network. A critical future development is the establishment of clearer frameworks for evaluating and proving utility, which could impact regulatory outcomes and investor confidence.
ZKPoT uses zk-SNARKs to verify model training accuracy without revealing private data, fundamentally solving the privacy-efficiency trade-off in decentralized AI.
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