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China’s security agency warned that biometric data collection by crypto firms, including iris scans, may endanger personal privacy and be exploited for espionage. China warned of the increasing use of biometric data by crypto-linked projects, cautioning that iris-scanning programs operating under the guise of digital asset distribution may threaten personal privacy and even national security….
Billions Network has launched its mobile identity app for Android and iOS, offering AI-resistant, privacy-preserving verification using NFC-based document checks and zero-knowledge proofs. Blockchain-based identity layer Billions Network has announced the launch of its identity mobile application for both Android and iOS devices. According to a Thursday announcement shared with Cointelegraph, Billions Network’s identity system…
Many users said they would delete accounts or consider moving to another platform if Reddit were to adopt World’s verification system. Social media platform Reddit is reportedly considering using the iris-scanning orbs developed by World — a project by Tools for Humanity, co-founded by OpenAI CEO Sam Altman — for its user verification system. According…
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” Polygon launches decentralized ID product powered by ZK proofs “ Polygon, a layer-2 scaling protocol for Ethereum has launched a zero-knowledge decentralized identity solution, Polygon ID to the public nearly a year after announcing its development. The service uses zero-knowledge proofs (ZK proofs) that use cryptographic techniques to allow users to verify their identity…
” Soulbound tokens power new identity solution on Celo blockchain “ A central focus for many in the Web3 community has been improving identity solutions available to consumers. Last year, the emergence of soulbound tokens (SBT) introduced a new way for users to define themselves. Although the SBT hype quieted over the last months, they have not disappeared…
” Decentralized ID the key to mainstream DeFi adoption—Quadrata co-founder “ If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want to read more News articles, you can…
” Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner “ If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites. For forums sites go to Forum.BuradaBiliyorum.Com If you want to read more News articles,…
” NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3 “ Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the…
” Reinventing yourself in the Metaverse through digital identity “ The Metaverse has become one of the biggest buzzwords of the year as a number of brands, companies and even countries begin to explore virtual worlds to conduct business. Even though Metaverse development is still underway, a recent report from the technology research and advisory…