Midnight enlists Google Cloud & MoneyGram for launch

What to Know:

  • Google Cloud and MoneyGram become federated node operators on the Midnight network.
  • Midnight network appoints Google Cloud and MoneyGram as founding federated node operators.
Why Google Cloud and MoneyGram matter as Midnight launch operators

Google Cloud and MoneyGram have joined the Midnight network as founding federated node operators ahead of mainnet, as reported by Coindoo. The move signals institutional involvement in a zero-knowledge privacy infrastructure designed for regulated use cases.

In parallel, Pairpoint by Vodafone and eToro will run launch-phase nodes, with the group filling part of a planned ten-operator set, according to CrowdfundInsider. This early federation is intended to stabilize operations while mainnet-readiness advances.

Why this matters: enterprise privacy via zero-knowledge proofs and compliance signals

Enterprises require verifiable privacy that supports KYC/AML, audit, and settlement without exposing raw counterparties or transaction details. Midnight’s model centers on selective disclosure via zero-knowledge proofs rather than blanket anonymity, aligning with regulated workflows.

According to the Midnight Foundation, Google Cloud’s role spans validator operations and enabling Confidential Computing to protect sensitive data by removing the cloud operator from the trust boundary. The collaboration also includes support for developer tooling and ecosystem enablement to bring privacy-preserving applications to production.

A Google Cloud executive has framed the design goal succinctly before launch. “The future of enterprise applications requires both transparency and privacy,” said Richard Widmann, Head of Web3 Strategy and Operations at Google Cloud.

CryptoSlate notes that MoneyGram’s footprint across more than 200 countries provides distribution credibility for payments use cases on privacy-preserving rails. For regulated remittance flows, the ability to prove compliance without broadcasting personal data is a practical differentiator.

As noted by CCN.com, a federated start can raise centralization concerns unless criteria and timelines for expanding operators are clearly published. Institutions may also scrutinize how “privacy” is implemented, reinforcing the need for technical transparency and auditability.

What the Midnight network is and how selective disclosure works

Midnight is a zero-knowledge privacy network designed for programmable privacy, enabling parties to validate computations and policies without disclosing underlying data. It targets use cases where confidentiality and verifiability must coexist.

Selective disclosure allows participants to prove specific facts, such as identity verification or sanctions screening, without exposing full records. Proofs can be verified on-chain, while sensitive attributes remain off-chain or encrypted, supporting compliance reviews when lawfully required.

According to CryptoNews.net, the network is launching with a federated set of operators, including global enterprises, with the intent to broaden participation over time. This roadmap aims to balance operational readiness with a measured path to decentralization.

At the time of this writing, Alphabet Inc. (GOOGL) closed at 312.90 USD and traded at 311.85 USD after hours, based on data from NasdaqGS. This market context does not signal endorsement or investment guidance.

Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.

Similar Posts