Web 3

One-Click Sign up (For Literally Anything Online)

TL;DR

  • Galxe Id Protocol is paving the best way for privateness preserving ‘one-click join’ processes throughout all internet platforms (from banks, to social platforms, and past).

Full Story

We’ve talked about zk-proofs within the context of monetary transactions a BUNCH of late…

Zk-proofs are the ‘pal in frequent’ of the crypto world.

What does that imply?

Say you’re on the lookout for a brand new roommate → you publish on a neighborhood Fb group → somebody replies…

Your first transfer? Examine to see when you have any buddies in frequent that you need to use to vet your new potential co-habitant.

You’ll be able to ask your ‘pal in frequent’ — “Hey, is that this particular person going to try to homicide me in my sleep? (Trigger I can’t have that occuring…not once more).”

And your pal in frequent may give a binary sure/no reply.

Zk-proofs let platforms ask financially related questions like “Is that this particular person over X age? Have they got good credit score?” — getting sure/no solutions in return (whereas maintaining the consumer’s precise D.O.B. and credit score rating personal).

…which is cool and all — however what if this tech grew past the crypto-financial area of interest?

Appears like we’re about to search out out because of the Galxe Id Protocol, which goals to make zk-proofs an ordinary throughout the broader internet.

Right here’s why that’s related to you:

This might flip each join web page right into a one-click expertise.

Whether or not its for a brand new checking account (the place you’re required to offer picture I.D, a social safety quantity, D.O.B, and residential tackle), or social platform (the place you’re sometimes prompted for a full identify, e mail, and D.O.B.)…

See also  the documentary on the history of CryptoPunk is online

Zk-proofs would permit you to present all of it in a one-time verification course of, and from there on out simply ‘click on to confirm’ (whereas preserving your privateness) any time you join one thing on-line.

Oh, and added bonus: it’d just about imply the tip of frequent id theft.

Godspeed Galxe.

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