Bojagi

GIWA’s privacy protocol protects sensitive transaction information while keeping transactions verifiable.

Bojagi is a privacy protocol built on EVM smart contracts, designed to enable private digital asset transfers within the GIWA ecosystem.

On public blockchains, wallet addresses, asset balances, transfer amounts, counterparties, and transaction histories can be publicly visible. When linked together, this information can reveal not only individuals' financial activities but also sensitive business information, such as settlement records, payroll details, and relationships with business partners.

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Verifiable Privacy

Once assets are deposited into Bojagi, transactions take place by transferring ownership of those assets within the protocol. Bojagi uses zero-knowledge proofs to prove the validity of these transactions without publicly revealing sensitive transaction information, including sender and recipient details and transfer amounts.

Smart contracts verify these proofs to confirm conditions such as whether the sender is authorized to spend the assets. They also check that the assets have not already been spent, preventing double-spending.

Bojagi is designed with both privacy and compliance in mind. It preserves transaction verifiability and integrity while allowing access to transaction history to be managed separately from the authority to spend assets. It enables individuals and businesses to transfer digital assets without publicly disclosing sensitive details about their financial activities or counterparties.