Friday, August 1, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

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

15 November 2024
in Web3
Reading Time: 3 mins read
0 0
A A
0
Home Web3
Share on FacebookShare on Twitter



DecideAI has introduced the combination of its biometric identification verification resolution, DecideID, into the Solana blockchain, aiming to reinforce safety and belief throughout the ecosystem. This transfer introduces Proof-of-Personhood (PoP) capabilities to Solana, guaranteeing 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 only the start, and we anticipate a big surge in consumer development and adoption”

The combination is anticipated to handle longstanding vulnerabilities in Solana’s airdrop ecosystem, which has beforehand been vulnerable to Sybil assaults and botting. By verifying actual customers via AI-driven facial recognition and liveness detection applied sciences, DecideID goals to stop fraudulent actions and guarantee honest token distributions.

Solana builders will now have the chance to leverage DecideID’s identification verification instruments to reinforce the integrity of decentralized purposes. That is notably vital for DeFi tasks, the place guaranteeing that transactions are performed by actual and distinctive people provides an important layer of belief. The know-how analyzes facial motion, depth, and micro-expressions to substantiate consumer authenticity, using Zero-Data proofs to guard private information through the verification course of.

In line with DecideAI, the combination will,

“Add a layer of belief in lending, staking, and yield farming by guaranteeing that solely actual and distinctive people are behind transactions.

Moreover, DecideID’s AI facial recognition know-how 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 section and is anticipated to be absolutely launched earlier than the top of the yr. Upon launch, Solana customers will be capable of 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 honest governance participation.

This improvement is facilitated by the Web Pc’s Chain Fusion know-how, 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 providers 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 guaranteeing safe interactions, it contributes to a extra clear and honest blockchain atmosphere.

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 considerations over biometric information assortment.

Proof of Humanity combines video verification with neighborhood endorsement to determine distinctive identities on the Ethereum blockchain. It goals to facilitate honest distribution in Common Fundamental 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. Knowledge can then be bought to dApps, permitting customers to comprehend the worth of their information as an alternative of giving it away totally free.

Anima Protocol gives decentralized identification providers on the BNB Chain, specializing in privateness whereas verifying consumer authenticity.

These tasks, like DecideID, showcase how blockchain can deal with challenges corresponding to fraudulent actions and honest useful resource distribution in digital ecosystems, however every takes a special method to stability safety, privateness, and consumer expertise.

Talked about on this article

Newest Web Pc Tales



Source link

Tags: DecideIDDefieliminatingICPidentityKYCLaunchProtocolSolana
Previous Post

Rumored OpenSea Airdrop Drives Trading in Gemesis NFTs

Next Post

Exploring Hannes Hummel’s “Hybrid Species”: A Visionary Fusion of Nature and Technology in Fine Art | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

Related Posts

Bitcoin Whales Bought 1% of Circulating BTC Supply in Past 4 Months – Decrypt
Web3

Bitcoin Whales Bought 1% of Circulating BTC Supply in Past 4 Months – Decrypt

31 July 2025
Dragonfly Capital No Longer Under DOJ Scrutiny In Tornado Cash Trial: Co-Founder – Decrypt
Web3

Dragonfly Capital No Longer Under DOJ Scrutiny In Tornado Cash Trial: Co-Founder – Decrypt

30 July 2025
Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered – Decrypt
Web3

Ethereum Treasury Companies Could Buy 10% of All ETH: Standard Chartered – Decrypt

29 July 2025
Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin – Decrypt
Web3

Billionaire Ray Dalio Urges Investors to Allocate 15% of Portfolios to Gold and Bitcoin – Decrypt

28 July 2025
Binance launches RWUSD yield bearing stablecoin-like product offering 4.2% APR from RWAs
Web3

Binance launches RWUSD yield bearing stablecoin-like product offering 4.2% APR from RWAs

28 July 2025
This Fake Bitcoin ATM Scheme Has Wasted 4,000 Hours of Scammers’ Time – Decrypt
Web3

This Fake Bitcoin ATM Scheme Has Wasted 4,000 Hours of Scammers’ Time – Decrypt

27 July 2025
Next Post
Exploring Hannes Hummel’s “Hybrid Species”: A Visionary Fusion of Nature and Technology in Fine Art | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

Exploring Hannes Hummel's "Hybrid Species": A Visionary Fusion of Nature and Technology in Fine Art | NFT CULTURE | NFT News | Web3 Culture | NFTs & Crypto Art

Deep Dive into Bitcoin’s Lightning Network Technology

Deep Dive into Bitcoin's Lightning Network Technology

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

FTT jumps 7% as Backpack launches platform to help FTX victims liquidate claims – CoinJournal

19 July 2025
PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

PENDLE token goes live on BeraChain and HyperEVM to expand cross-chain utility – CoinJournal

30 July 2025
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
XRP Breakout Targets $15—Analyst Says ‘This Is Just The Start’

XRP Breakout Targets $15—Analyst Says ‘This Is Just The Start’

1 August 2025
MEXC Expands Stock Futures Portfolio With Tron Inc. (NASDAQ: TRON) Listing, Introducing TRON/USDT Trading Pair – Press release Bitcoin News

MEXC Expands Stock Futures Portfolio With Tron Inc. (NASDAQ: TRON) Listing, Introducing TRON/USDT Trading Pair – Press release Bitcoin News

1 August 2025
Justin Drake Introduces “Lean Ethereum” Proposal

Justin Drake Introduces “Lean Ethereum” Proposal

1 August 2025
Wall Street’s Quiet Crypto Takeover: New Charts Reveal Who’s in and Who’s Still Blocking Access

Wall Street’s Quiet Crypto Takeover: New Charts Reveal Who’s in and Who’s Still Blocking Access

1 August 2025
XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter

XRP Blows Cold: Price Crash To $2.15 Still Possible If Buyers Falter

1 August 2025
Crypto Leverage Under Fire: South Korea Set to Tighten Lending Rules

Crypto Leverage Under Fire: South Korea Set to Tighten Lending Rules

1 August 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$115,423.00-2.50%
  • ethereumEthereum(ETH)$3,652.02-4.77%
  • rippleXRP(XRP)$2.99-4.94%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$772.53-3.44%
  • solanaSolana(SOL)$169.38-6.14%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,649.44-4.77%
  • dogecoinDogecoin(DOGE)$0.208147-6.04%
  • tronTRON(TRX)$0.327353-0.53%