According to Sztorc, the purpose of drivechains is to give Bitcoiners access to innovative features and products currently confined to altcoin networks. Examples would be Zcash’s zero-knowledge proofs, a way of proving something without revealing sensitive information, and Ethereum’s Augur, a prediction market where users bid on specific outcomes.
Source: https://www.coindesk.com/tech/2022/12/20/bitcoin-development-company-layer-2-labs-raises-3m-to-bring-drivechains-to-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines