Animoca’s Moca Foundation launches Moca Chain for decentralized digital identity

Animoca Manufacturers-backed Moca Basis has introduced the launch of Moca Chain, a brand new Layer 1 blockchain community centered on decentralized digital identification and person information. The testnet rollout is anticipated within the third quarter of 2025, with a full mainnet launch deliberate for the fourth quarter, the inspiration confirmed on Wednesday.

In line with a press assertion from the corporate, Moca Chain will assist people, AI brokers, and gadgets take management of their private information and credentials. It’s going to scale back the reliance on centralized information storage techniques and identification administration companies.

JUST IN: Animoca’s Moca launches Moca Chain, a Layer-1 blockchain for personal, decentralized digital identification, with testnet in Q3 and mainnet in This fall 2025, powered by $MOCA. pic.twitter.com/hdUfC3FKFP

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The brand new blockchain is constructed to help a number of identification protocols in finance, schooling, and healthcare, and will unify and confirm person credentials securely and privately via a decentralized infrastructure.

New decentralized community mulls identification use circumstances

Moca Chain will use zero-knowledge transport layer safety (ZK-TLS), decentralized storage, and a cross-chain identification oracle to allow privacy-preserving digital identification options at scale.

The blockchain can be Ethereum Digital Machine (EVM) appropriate, that means it’s interoperable with Ethereum-based platforms and functions.

In line with the Moca Basis, Moca Chain will likely be appropriate for constructing hundreds of protocols centered on reusable and verifiable identification.

The infrastructure permits builders and functions to situation and validate person credentials with out the necessity for centralized verification layers. These reusable credentials could be verified on-chain or off-chain and are protected utilizing zero-knowledge proofs, upholding privateness even when identification information is shared or monetized.

Protocols and functions constructed on Moca Chain can entry identification and popularity information instantly from finish customers, reasonably than counting on platform-level utility programming interfaces (APIs).

SSO as a degree of failure

Within the assertion, Yat Siu, co-founder and govt chairman of Animoca Manufacturers, spoke concerning the adoption of single sign-on (SSO) techniques, which permit entry to a number of companies via a single set of credentials.

In Web3, SSO options like Web3Auth and Magic simplify onboarding by linking decentralized wallets to acquainted login strategies like Google or Apple ID. But, if the supplier is compromised or unavailable, customers might lose entry to all related companies.

Furthermore, such techniques usually retain back-end management over authentication, which totally contradicts the idea and promise of decentralization.

“SSO represents a centralized level of failure that compromises safety,” Siu stated. “Moca Chain seeks to unravel this drawback by giving customers decentralized true possession of their information, making certain the sovereignty of customers’ digital identification with no single level of failure.”

He added that Moca Chain, when mixed with Moca Community’s AIR Package, is a decentralized digital ecosystem the place customers can personal and management their information, popularity, and digital contributions.

Siu stated this imaginative and prescient helps Animoca Manufacturers’ mission to broaden digital property rights and create fairer digital economies.

AIR Package to broaden Moca Chain attain

AIR Package is an identification module already in use by a number of corporations inside Animoca Manufacturers’ portfolio. In line with the inspiration, AIR Package may lengthen the attain of Moca Chain to over 700 million addressable customers globally.

Platforms which have enabled the module up to now embody South Korea’s OK Cashbag, a loyalty rewards program with greater than 28 million identity-verified customers, and One Soccer, a German digital media agency that serves 200 million month-to-month lively customers. Knowledge from these platforms will likely be accessible to functions and protocols constructed on Moca Chain.

Kenneth Shek, mission lead of Moca Community, stated Moca Chain and AIR Package are growing “a brand new sort of digital infrastructure.”

“By adopting Moca Chain and MOCA Coin, we imagine we will disrupt present fashions of knowledge possession and break down the dominance of walled backyard ecosystems,” Shek said.

He reiterated that the purpose is to return worth to customers and promote a extra scalable mannequin for ecosystem development.