News with the tag "decentralized identity"

Exciting news for the crypto-curious in Indonesia! Worldcoin, the ambitious project focused on creating a decentralized identity and financial ecosystem, is officially setting foot in Jakarta. This move signals a significant step towards expanding digital inclusion and exploring the potential of cry...

Decentralized identity project Humanity Protocol has closed a $20 million funding round, raising its valuation to $1.1 billion. The funding round was co-led by Pantera Capital and Jump Crypto, according to an emailed announcement. The project last raised $30 million at a $1 billion valuation in May ...

In contrast to World’s iris scanning, Humanity’s palm scans are more user-friendly and maintain a high level of security, according to Humanity’s founder.

Although World has reached a significant milestone, regulatory headwinds across jurisdictions remain a challenge for the project.

“The whole problem with centralized systems is that there’s a center,” Naoris chief strategy officer David Holtzman told Cointelegraph.

Consumers and companies are turning to AI-integrated products to help drive business and productivity, but what happens to all that data? Blockchain for AI gives users a choice.

Fractal ID unveiled idOS, a protocol to simplify onboarding by using pre-verified identities to avoid repetitive processes. The protocol ensures privacy by signaling verified identities on-chain without revealing personal details. idOS enhances interoperability across financial platforms with a sing...

Crypto payments gateway solution Transak has teamed up with Privado ID to launch a new “Reusable KYC” service aimed at improving the decentralized identity verification process. This collaboration introduces a novel method that promises to maintain user privacy without compromising on regulatory sta...

Polygon’s zero-knowledge self-sovereign identity solution looks to provide privacy with assured authenticity.

Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide.