Complex sentence: Clipperz Srl is an Italian resident limited liability company formed in 2005 by computer scientists Giulio Cesare Solaroli and Marco Barulli as a functional zero-knowledge proof--that is, a useful online service with no knowledge about its clients or data.
Split into simpler sentences: Clipperz Srl is an Italian resident limited liability company formed in 2005 by computer scientists Giulio Cesare Solaroli and Marco Barulli as a functional zero-knowledge proof. In other words, as a useful online service with no knowledge about its clients or data.