ZK-proofs are more affordable than legacy ID systems — Cysic founder
According to World Bank data, an estimated one billion individuals worldwide lack official identification credentials. Go to Source
digital ID
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Buenos Aires rolls out blockchain-based ID for 3.6M residents
Residents of the Argentine capital now have access to decentralized digital IDs on their mobile devices, powered by the scaling protocol ZKsync Era. Go to Source
Telefónica Tech joins Polygon’s Privado ID as system integrator
Telefónica Tech is integrating with Polygon’s Privado ID to advance its digital identity solutions as Europe moves toward digital ID implementation. Go to Source
Digital ID Startup Spins off From Polygon Labs, Aims to Mitigate AI-Generated Misinformation Risks
Privado ID, previously known as Polygon ID, has announced its spin-off from Polygon Labs on June 13, 2024. The move aims to meet the global demand for digital identity and reputation solutions that work with both onchain and online data. Privado ID’s technology leverages decentralization and private interaction to reduce cost, complexity, and counterparty risk. … Read more
Buenos Aires Confirms It Plans to Allow Citizens to Pay Taxes With Cryptocurrency
Horacio Larreta, the head of the government of Buenos Aires, the capital of Argentina, confirmed that the city will allow its citizens to pay some taxes with cryptocurrencies. This is part of a digitization plan that the city has named “Buenos Aires+” that seeks to simplify the relationship the city has with citizens. Buenos Aires … Read more
Using Decentralized Digital IDs and Blockchain to Help Millions in Africa Get Identified
With over 1.3 billion inhabitants, Africa accounts for over 16% of the world’s population. However, the continent still falls short when it comes to providing its residents with legitimate or government-issued identification documents. As some studies have revealed, as many as 400 million Africans do not have the appropriate identification documents. Lack of Required Documents … Read more
Australia’s eSafety Commissioner touts blockchain as a solution to trolls
Australia’s eSafety Commissioner has suggested blockchain-based digital IDs as a potential solution to fight online abuse and trolling. Go to Source Powered by WPeMatico
The Daily: Royal Mint Drops Digital Gold, Malta Issues Warning About Trading Platform
In this edition of The Daily, we cover the U.K. Royal Mint’s decision to freeze a plan to issue digital gold tokens. We also look at a new Australia Post ID verification service, as well as a warning by the Maltese financial regulator about a cryptocurrency investment platform. Also read: AMD Takes a Hit, Johnny … Read more
