Galxe publicizes the launch of Identification Protocol, introducing an id infrastructure that focuses on person privateness, safety, and sovereignty.
Using Zero-Data Proofs (ZKP), the protocol lets customers management their digital id and personal knowledge throughout public verification situations. In accordance with the corporate’s weblog, Galxe Identification Protocol goals to empower customers with management over their digital id and personal knowledge.
The launch marks a brand new part in managing and sharing verifiable credentials throughout the web3 panorama. The protocol makes use of ZKP know-how to permit for the safe authentication of id with out compromising the privateness or integrity of non-public info.
To handle challenges like Proof duplication, Galxe introduces an id dedication schema that enhances privateness and makes knowledge untraceable throughout on-chain verification processes.
🚨 Launch Alert: Galxe Identification Protocol Mainnet is right here. Rework the way you handle and share verifiable credentials throughout Web3. With our permissionless infrastructure and ZKP know-how, your digital id has by no means been safer or extra in your management.
Study extra 👉… pic.twitter.com/U4NdBR2yUK
— Galxe (@Galxe) April 11, 2024
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The protocol simplifies the creation of latest credentials in a no-code setting. It streamlines the credential issuance course of by means of an aggregation mechanism that enables for minting a Soulbound token.
The protocol’s framework helps varied functions, together with the prevention of Sybil assaults, decentralized status and credit score methods, a private knowledge market, safe id verification strategies, decentralized assessment methods, and transferable achievement methods. The flexibleness goals to boost the utility and worth of person achievements throughout completely different ecosystems.
Galxe, an organization within the web3 infrastructure and digital id community, helps this initiative with a set of merchandise that embrace Galxe Quest, Galxe Passport, Galxe Rating, Galxe Compass, and Alva, selling the event of web3 functions.
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