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Self-Sovereign ID Platform Ziden Joins AI-Powered L1 Oraichain

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Singapore, Singapore–(Newsfile Corp. – November 15, 2022) – After emerging from the Oraichain for DApps Accelerator Program, self-sovereign digital identity platform Ziden has joined the AI Layer 1 blockchain ecosystem of Oraichain. Ziden has also revealed an outline of a roadmap culminating in its public launch in January 2023.

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Ziden is a self-sovereign identity platform that uses zero-knowledge proofs to provide a verifiable attestation of sensitive information while maintaining user privacy. At its core, Ziden’s zero-knowledge protocol can help users attest to their identity without them having to disclose sensitive information to any entity other than authorized ones. The proof that proves the validity of a user’s identity carries no private information and is stored on a blockchain for DApps to approve without knowing any of the underlying information, hence the name ‘zero-knowledge’.

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Ziden is the third project to emerge from the Oraichain for DApps Accelerator Program. Other projects from the program include capital markets disruptor Oraichain Labs US (OLUS) and the decentralized lending platform Orchai.

Now part of the Oraichain ecosystem, Ziden has access to Eueno, the ecosystem’s decentralized data storage, encryption and sharing protocol; its AI Marketplace; and Oraichain Mainnet’s ZK engine. Meanwhile, the DApps Accelerator Program gives Ziden exclusive access to Oraichain Labs’ network of DApps and partners, enabling this identity platform to discover various unique use cases within the Web3 industry in general..

Ziden has also revealed its end of 2022 and early 2023 roadmap. The project plans to release its whitepaper and a public demo on the Oraichain Testnet later this month. In December, Ziden will launch its ID solution with Oraichain Labs US on the Oraichain subnet, Oraichain Pro. By January 2023, the platform expects to be ready for its official public launch.

About Oraichain

Oraichain is the world’s first artificial intelligence-powered blockchain ecosystem and oracle. The network’s Mainnet 1.0 release was in February 2021, and the following March, Oraichain Mainnet 2.0 launched. Based on Cosmos SDK and Tendermint Core, Oraichain provides cross-chain functionality while maintaining the highest security and transaction processing speeds. Its support of Cosmos’ IBC (Inter-Blockchain Communication) protocol enables connectivity with Ethereum, BSC and other major networks.

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About Ziden

Ziden is a project aiming to build a self-sovereign digital identity platform that leverages zero-knowledge proofs to return control over user data to the users themselves. The platform will enable users to attest to some piece of sensitive information without giving more data away than is strictly necessary. Ziden has a myriad of applications across Web2 and Web3, including KYC attestation, digital certificates and Web3 identity services.

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Bybit Invites Traders to Embark on a Token Treasure Hunt

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Bybit Invites Traders to Embark on a Token Treasure Hunt

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Blockchain

India Electronic Contract Services Market to Worth Over US$ 624.33 Million By 2033 | eSignature Demand Among Financial Institutes to Remain High Says Astute Analytica

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Blockchain

UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System

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The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.

Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.

“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”

ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.

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“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”

The post UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System appeared first on News, Events, Advertising Options.

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