One-Click Sign up (For Literally Anything Online) | Web3 Daily

TL;DR

Galxe Id Protocol is paving the way in which for privateness preserving ‘one-click enroll’ processes throughout all net platforms (from banks, to social platforms, and past).

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

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

What does that imply?

Say you’re in search of a brand new roommate → you submit on an area Fb group → somebody replies…

Your first transfer? Examine to see you probably have any associates in frequent that you should use to vet your new potential co-habitant.

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

And your pal in frequent can provide a binary sure/no reply.

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

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

Seems to be like we’re about to seek out out because of the Galxe Id Protocol, which goals to make zk-proofs a typical throughout the broader net.

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

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

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

Zk-proofs would assist 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 top of frequent identification theft.

Godspeed Galxe.