Billions.Network Launches Privacy-Focused Digital Identity Platform
- Billions.Network introduced a digital identity platform using zero-knowledge proof technology.
- The system offers a non-biometric, privacy-focused alternative to existing verification methods.
- Over 9,000 projects, including TikTok and World (formerly Worldcoin), use its Circom framework.
- Financial institutions like Deutsche Bank and HSBC have tested the system in trials.
- The platform addresses privacy concerns by not storing biometric data and offers token incentives.
- Collaboration with the Indian government aims to integrate with Aadhaar, India’s national ID framework.
Billions.Network’s new platform utilizes zero-knowledge proof technology to provide a scalable identity verification solution without storing biometric data. Over 9,000 projects have adopted its Circom framework, highlighting its widespread application and trust.
Source (2.6)https://decrypt.co/308196/billions-network-launches-privacy-focused-digital-id-to-rival-sam-altmans-worldcoin?rand=52368