Galxe launches Identity Protocol to boost user control, privacy

Galxe publicizes the launch of Identification Protocol, introducing an id infrastructure that focuses on consumer privateness, safety, and sovereignty.

Using Zero-Information Proofs (ZKP), the protocol lets customers management their digital id and personal knowledge throughout public verification eventualities. In keeping 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 section 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 private data.

To handle challenges like Proof duplication, Galxe introduces an id dedication schema that enhances privateness and makes knowledge untraceable throughout on-chain verification processes.

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 permits for minting a Soulbound token.

The protocol’s framework helps numerous purposes, together with the prevention of Sybil assaults, decentralized repute and credit score techniques, a private knowledge market, safe id verification strategies, decentralized evaluate techniques, and transferable achievement techniques. The pliability goals to reinforce the utility and worth of consumer achievements throughout totally different ecosystems.

Galxe, an organization within the web3 infrastructure and digital id community, helps this initiative with a set of merchandise that embody Galxe Quest, Galxe Passport, Galxe Rating, Galxe Compass, and Alva, selling the event of web3 purposes.

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