Galxe Platform Introduces New Identity Verification Protocol
The Galxe platform has unveiled a new product for identity verification.
The protocol is designed to enhance data control and preserve anonymity on the network.
Launch partners include projects such as Space ID, Fusionist, Rarimo, and many others.
The Galxe platform has announced a protocol designed for user identification in Web3.
The announcement states that the protocol provides a new level of data and account control while helping to maintain anonymity on the network.
“The Galxe Protocol does not require permission from a self-sovereign identification infrastructure. It gives full control over personal data, defines identity, and verifies accounts in Web3,” the project team said.
Experts believe that the protocol will expand people’s possibilities by turning their identity and personal data into tangible assets. It is expected that in the future, they will be able to buy, sell, and exchange them with other users.
The new solution combines intra-network smart contracts and SDK tools, as well as zero-knowledge proof (ZKP) technology. Launch partners for the protocol include Fusionist, SPACE ID, Project Twelve, Kleros, Rarimo, Trusta Labs, and Clover Wallet.
Recall that in March 2023, the Polygon team launched a Web3 identification service. With its help, users will be able to verify accounts without using personal information.