Aleo

Aleo is a Layer-1 blockchain built for private and compliant payments, powered by zero-knowledge cryptography. Founded in 2019 and operated by the Aleo Network Foundation (formerly Provable), it enables institutions and developers to build privacy-first applications — including global payroll, cross-border payments, and digital identity — without exposing sensitive transaction data on public block explorers. Aleo's zero-knowledge proof system ensures transactions and smart contract executions are private by default while remaining verifiable and regulatory-compliant. The network has partnered with Google Cloud and attracted backing from a16z Crypto, SoftBank, and Coinbase Ventures.