ICP identity protocol DecideID to launch on Solana eliminating any KYC need for DeFi

DecideAI has introduced the combination of its biometric identification verification answer, DecideID, into the Solana blockchain, aiming to boost safety and belief throughout the ecosystem. This transfer introduces Proof-of-Personhood (PoP) capabilities to Solana, making certain that customers are verified as distinctive people with out the necessity for conventional Know-Your-Buyer procedures.
Raheel Govindji, founder and CEO of DecideAI, commented,
“DecideID is positioned to set a brand new customary in identification verification throughout the blockchain house. The Solana integration is just the start, and we anticipate a major surge in consumer development and adoption”
The combination is predicted to deal with longstanding vulnerabilities in Solana’s airdrop ecosystem, which has beforehand been inclined to Sybil assaults and botting. By verifying actual customers by way of AI-driven facial recognition and liveness detection applied sciences, DecideID goals to forestall fraudulent actions and guarantee truthful token distributions.
Solana builders will now have the chance to leverage DecideID’s identification verification instruments to boost the integrity of decentralized purposes. That is notably vital for DeFi tasks, the place making certain that transactions are performed by actual and distinctive people provides a vital layer of belief. The expertise analyzes facial motion, depth, and micro-expressions to verify consumer authenticity, using Zero-Data proofs to guard private knowledge through the verification course of.
Based on DecideAI, the combination will,
“Add a layer of belief in lending, staking, and yield farming by making certain that solely actual and distinctive people are behind transactions.
Moreover, DecideID’s AI facial recognition expertise doesn’t require any Know-Your-Buyer procedures or documentation, making it a straightforward and fast scan for customers.”
The combination is at present within the testing part and is predicted to be totally launched earlier than the top of the yr. Upon launch, Solana customers will have the ability to hyperlink their wallets, take part in airdrops, and confirm their personhood with out in depth documentation. DecideAI can be in discussions with a number of Solana-based DeFi and NFT platforms that plan to undertake DecideID for enhanced safety and truthful governance participation.
This improvement is facilitated by the Web Pc’s Chain Fusion expertise, which permits for seamless protocol-level integration with different blockchains. The Web Pc (ICP) acts as a strong general-purpose blockchain and Web3 platform, enabling DecideID to increase its companies past Solana with potential future integrations into networks like Ethereum.
DecideID reportedly has already verified over 14,000 distinctive customers and goals to foster belief and accountability in decentralized purposes. By stopping malicious actions and making certain safe interactions, it contributes to a extra clear and truthful blockchain setting.
Per the latest announcement, DecideAI’s mission extends past identification verification. It goals to reshape the panorama of enormous language fashions by prioritizing high quality, collaboration, and possession. By way of its ecosystem comprising Resolve Protocol, DecideID, and Resolve Cortex, the corporate seeks to democratize entry to AI assets whereas rewarding contributors and setting new requirements for open-source collaboration.
Proof of personhood protocols on the rise
This integration locations DecideID amongst notable Proof-of-Personhood initiatives corresponding to World, Proof of Humanity, Idena, CorePass, and Anima Protocol.
World (previously Worldcoin,) based by Sam Altman, makes use of iris scans to generate distinctive identifiers for people, although it has confronted privateness issues over biometric knowledge assortment.
Proof of Humanity combines video verification with neighborhood endorsement to ascertain distinctive identities on the Ethereum blockchain. It goals to facilitate truthful distribution in Common Primary Earnings tasks.
Idena employs AI-resistant duties referred to as “flips” to make sure every node in its community represents a singular human, enhancing decentralization and resistance to Sybil assaults.
CorePass, on the Core Blockchain community, permits customers to confirm and tokenize credentials corresponding to passports, driving licenses, emails, and names. Information can then be bought to dApps, permitting customers to comprehend the worth of their knowledge as an alternative of giving it away totally free.
Anima Protocol gives decentralized identification companies on the BNB Chain, specializing in privateness whereas verifying consumer authenticity.
These tasks, like DecideID, showcase how blockchain can tackle challenges corresponding to fraudulent actions and truthful useful resource distribution in digital ecosystems, however every takes a distinct method to stability safety, privateness, and consumer expertise.