Blockchain

Moca Foundation to Launch Blockchain for Digital Identity and User Data

Moca Basis has introduced the launch of Moca Chain, a Layer 1 blockchain targeted on digital id and person knowledge. The chain will enable individuals, gadgets, and AI techniques to handle and confirm their digital credentials with out utilizing centralized platforms. The testnet is anticipated in Q3 2025, and the mainnet will comply with in This autumn 2025.

Moca Chain will assist verification of each on-chain and off-chain knowledge throughout totally different blockchains. It’ll use decentralized storage, a cross-chain id oracle, zkTLS (a way to show net knowledge), and on-chain verification. It’s EVM-compatible and can use MOCA Coin for transaction charges, staking, and different companies.

The chain is being developed to resolve key points in id techniques corresponding to knowledge fragmentation, lack of privateness, and restricted interoperability. It’ll assist use circumstances in healthcare, schooling, finance, and promoting — for instance, verifying medical information, diplomas, or onboarding customers with verified knowledge.

Moca Chain is designed to be used in real-world functions. It’ll join with the AIR Package from Moca Community, which is already utilized in Web2 platforms. This permits builders to combine id and reward techniques into acquainted apps.

The platform will even let customers transfer knowledge like loyalty factors or entry rights between apps whereas preserving full management over their id. Protocols utilizing Moca Chain can subject or confirm id knowledge utilizing zero-knowledge proofs, while not having centralized APIs. This construction shifts management from platforms to customers, supporting safe and personal id companies throughout blockchain networks.

Picture: Freepik

See also  Gaming ecosystem Treasure Chain shuts down mainnet nearly five months after its launch

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Please enter CoinGecko Free Api Key to get this plugin works.