Blockchain startup Adhara, which boasts a stellar line-up of former banking innovators, has secured $15 million in new funding from Consensys, the ethereum design studio.

The funding will help Adhara continue its work on international payments, which includes introducing central banks to the type of cryptography normally confined to math labs and academic circles.

For example, Adhara has been exploring zero knowledge proof technology (a way of allowing someone to prove that they have knowledge of a secret without revealing the secret itself). And it’s combining that with other forms of cryptography in order to get a better performance on a blockchain – all inside the industry-grade payments mechanism of the South African Reserve Bank.

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