Home Guides What is Findora? A Guide to $FRA

What is Findora? A Guide to $FRA


Findora is a zero-knowledge-based decentralized financial network that enables users and businesses to conduct transactions in a transparent manner while preserving privacy.

Blockchain technology has played an important role in the development of applications that have improved transparency, trust (trustlessness), and coordination. But the available public chains still don’t cover all privacy and compliance requirements of institutions such as investment banks, lending platforms, security exchanges, etc. These financial institutions need an infrastructure that would make them more efficient, less susceptible to fraud, as well as give them a dose of assurance on improving the transparency of their operations.

Findora targets these critical sectors and aims to provide all the requirements necessary for financial institutions to achieve their goals. In this guide, we will uncover more details about Findora, its underlying system, and what it stands for.


Findora was built by a team of experienced entrepreneurs and academics, with the aim of building an auditable yet private network that can be used by financial institutions. The team was able to achieve this after it had carried out extensive advanced cryptography research.

Dr. Whitfield Diffie works as the project’s senior advisor, together with professors Dr. Dominique Schroeder and Dr. Vipul Goyal, among others.

Findora contributors include Paul Sherer, the F.I.R.S.T. Director of Findora Foundation and Young Yu for Strategic Partnership.

What is Findora?

Findora is a zero-knowledge-based decentralized financial network that enables users and businesses to conduct transactions in a transparent manner while preserving privacy. The team behind the project has developed an infrastructure that can be used to replace the current technologies being used by financial institutions.

Findora’s new technology is flexible enough to be deployed in the cloud and it still guarantees the same level of result it prides itself on.

One may wonder why there is a need for a blockchain tailored to ensure transparency in the earlier mentioned institutions upon all of the available public blockchains. Unfortunately, no public blockchain entirely covers the ground Findora plans to cover, especially the dilemma that blockchains pose to the financial industry.

Blockchains, naturally, allow a participating user to operate in an open and transparent public network. Any observer can be able to view the user’s financial history and every other important data that should be confidential to the user.

This could possibly create a fuss among financial institutions since they hold too much confidential information, which a public ledger would violate. However, they also recognize the invaluable role blockchain technology can play in their future operations.

While some public chains provide private transactions, they, however, do so in absolute terms. This means that an entire transaction is either totally hidden from the eyes of the observer or the entire transaction is revealed through a view key. This could lead to the release of essential private data which could be dangerous to the parties involved.

But with Findora, users can be able to effectively prove their transactions without having to release any tangible sensitive information. Furtermore, it also supports confidential asset policies and smart contracts. This would enable the automation of the enforcement of rules and programs. 

Users also have the freedom to use different services if they are not comfortable enough with the policies attached to the assets or smart contracts.

The protocol guarantees that different financial institutions enjoy the transparency of blockchain while still allowing them to remain compliant and confidential to the public. At the same time, users remain in total control of their privacy and can decide on whatever information they choose to give out.

Findora’s Zero Knowledge Proof

Findora would be using a zero-knowledge proof technology to achieve a highly secured platform.

The Zero-knowledge proof (ZKP) is a cryptographic technique that has matured over the last 30 years. Findora uses this technology to prove different complex statements without revealing anything about their contents.

Users of Findora can authenticate the state of a ledger without necessarily knowing the content of the transaction. The ledger usually contains these ZKPs that keep confidential information away from public view.

Simply, a ZKP is a method of operation in which a party proves their knowledge of a value without revealing any other additional information apart from their knowledge of the value.

With the use of this technology, financial institutions like banks, investment funds, and a whole lot more can run on Findora with little to no hassle. All of these institutions are built to be confidential but at the same time, they remain open to the public.

FRA (Findora’s Native Token)

The native token of Findora’s platform is represented by the ticker FRA. FRA is designed to play a very important role in how the Findora platform operates as it would be used majorly as the primary utility token of the platform. 

The token serves as a non-refundable incentive that users use to contribute and maintain the Findora platform. This would result in a win all situation for all the users of the platform as they are adequately compensated for all of their activities on the platform.

Holders of the FRA who do not participate actively on the platform will not get any of the FRA incentives. 

In Findora, stakeholders are going to be able to hold and utilize FRA. For instance, validators who hold the FRA in the eligible escrows are proportionally selected to collect transaction fees on the number of FRA tokens they have staked. In addition, the token must be staked through the side-ledger interface node for holders who are wishing to move assets between the FRA and private/consortium side-ledgers.


Findora would play an important role in giving financial institutions who have been actively seeking a way to use blockchain technology in their operations but are put off by the ensuing dilemma that comes with the use of a public ledger.

The blockchain network, when integrated into the operations of these systems, would allow them to use a Zero-proof knowledge technology that would help them keep the confidential information of their users private while at the same time allowing them to access the data via a public network.

It effectively supplements if not replaces previous blockchains that either reveal all of the data on the public chain and do not reveal anything at all.

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