Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Solana Price Analysis: Can Rising Institutional Demand Reverse Bearish Outlook?

July 3, 2025

Bitcoin Demand Wanes: Fakeout or Parabolic Rally Ahead?

July 3, 2025

Nano Labs Loads Up on BNB With Ambitious $1B Treasury Target

July 3, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

Self Protocol Launches to Enhance Onchain Identity Verification

0
By Aggregated - see source on February 26, 2025 Blockchain
Share
Facebook Twitter LinkedIn Pinterest Email


Alvin Lang
Feb 26, 2025 01:32

Self Protocol introduces Sybil-resistant identity verification using zero-knowledge proofs, following Self Labs’ acquisition of OpenPassport, aiming to improve privacy and scalability in the digital economy.





Self Protocol, a new identity verification system leveraging zero-knowledge proofs, has been launched by Self Labs, according to the Celo Foundation. This development follows Self Labs’ acquisition of OpenPassport, a move aimed at enhancing privacy and scalability in the digital economy.

Innovative Identity Verification

Self Protocol addresses a critical challenge faced by projects launching on the blockchain: ensuring applications reach unique users while preserving privacy. Eric Nakagawa, CEO of Self Labs, emphasized the importance of verifiable identity credentials without compromising user data. The protocol’s infrastructure provides solutions for privacy-preserving identity verification, crucial in the growing onchain economy.

Strategic Acquisition of OpenPassport

The acquisition of OpenPassport allows Self Labs to expand its capabilities in zero-knowledge (ZK) technology and identity solutions. Florent Tavernier, co-founder of OpenPassport and now co-founder of Self Labs, highlighted the shared mission to prevent bot-driven internet activities and restore trust in the digital economy.

Core Components and Applications

Self Protocol introduces two main components: Pass and Connect. The Pass system facilitates Sybil-resistant token distributions and attribute verification without exposing personal data. Connect simplifies digital transactions by linking phone numbers to wallet addresses, removing barriers to blockchain adoption.

Having undergone beta testing, Self Protocol has demonstrated its effectiveness in preventing duplicate claims while maintaining user privacy. Currently, over seven million users globally utilize Self Pass and Connect, with verified phone numbers serving as wallet addresses for stablecoin transactions.

Broad Applicability and Integration

The protocol supports essential functions for onchain projects, including privacy-preserving identity verification for token distributions, age and country verification, and combating AI agents. It also enables DeFi integrations by unlocking functionalities based on a user’s location.

Self Protocol is available for immediate integration by developers and projects conducting airdrops. More information can be found on the Self Protocol website.

Image source: Shutterstock


Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Hackers Steal $180M from Brazilian Banking System in Largest-Ever Attack, Cash Out via Bitcoin and USDT

July 3, 2025

GeForce NOW Expands Cloud Gaming Library with Exciting July Releases

July 3, 2025

Tether Partners with Adecoagro for Renewable-Powered Bitcoin (BTC) Mining in Brazil

July 3, 2025
Leave A Reply Cancel Reply

What's New Here!

Solana Price Analysis: Can Rising Institutional Demand Reverse Bearish Outlook?

July 3, 2025

Bitcoin Demand Wanes: Fakeout or Parabolic Rally Ahead?

July 3, 2025

Nano Labs Loads Up on BNB With Ambitious $1B Treasury Target

July 3, 2025

Senator Lummis presents bill to insert crypto tax definitions to shield micro-payments, validation rewards

July 3, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.