Tezos announces that zk-SNARKs will be the next protocol revision of the network

Tezos (XTZ) announced today that zk-SNARKs will be the next protocol revision on the network. With this improvement, the network will likely provide solutions for new customers, including commercial banks and central banks. The new improvements will provide "finetuned privacy" for the Tezos network. In addition, this upgrade will provide a new Michelson command that allows smart contracts to store and execute transactions on blocked blockchains.