Billions.Network Launches Privacy-Focused Digital ID to Rival Sam Altman’s Worldcoin

Billions.Community has launched a digital id verification platform designed to supply a non-biometric and privacy-focused various to present verification programs, together with Sam Altman’s crypto venture, World.

The platform, which makes use of zero-knowledge proof tech, seeks to offer a scalable and safe technique for verifying each human and AI identities.

The corporate stated greater than 9,000 tasks, together with TikTok, High Medical doctors, and World—beforehand Worldcoin—have applied its underlying verification framework, Circom.

Monetary establishments resembling Deutsche Financial institution and HSBC have additionally examined the system in proof-of-concept trials, the corporate instructed Decrypt.

The launch comes amid rising regulatory scrutiny of digital id programs and rising issues over AI-driven fraud, together with deepfakes, Sybil assaults, and bot exercise.

Billions.Community’s verification mannequin permits customers to substantiate their id with out storing biometric information, addressing privateness issues related to various programs.

“Billions is making a world the place every human could be uniquely recognized and unlock customized advantages within the age of AI with verification options which might be universally accessible and scalable,” Evin McMullen, CEO and co-founder of Billions.Community stated.

Not like some biometric-based verification fashions, the platform doesn’t require proprietary {hardware} and provides token-based incentives for customers.

The corporate stated it’s working with the Indian authorities to combine its system with Aadhaar, the nation’s nationwide id framework.

Billions.Community was developed by the crew behind Privado ID, a agency specializing in institutional verification options.

The venture originated as PolygonID, a digital id system constructed on the Polygon blockchain, earlier than increasing right into a broader verification community.