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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.

Image Source: Ziden

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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’.

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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Contact:
Mr Duc
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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.

Website | Twitter | Telegram | Discord | Medium

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/144298

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

CBiGroup Completes $15M Series A Funding, Focuses on R&D

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cbigroup-completes-$15m-series-a-funding,-focuses-on-r&d

CBiGroup Completes $15M Series A Funding, Focuses on R&D

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Blockchain

Correction: CBiGroup Completes $15M Series A Funding, Focuses on R&D

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correction:-cbigroup-completes-$15m-series-a-funding,-focuses-on-r&d

CBiGroup Completes $15M Series A Funding, Focuses on R&D

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Blockchain

COTI V2 changing private play on blockchain via encrypted circuit

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coti-v2-changing-private-play-on-blockchain-via-encrypted-circuit

COTI V2 is revolutionizing blockchain technology with private play through encrypted circuits, offering enhanced speed and efficiency. Currently, the Genesis builder network is live, and the company is inviting developers to join their program. The network supports private play upgrades for Ethereum.

As a privacy-focused Ethereum layer 2 solution, COTI V2 employs advanced encryption technology and encrypted circuits, enabling operations on all devices without compromising personal data.

The primary goal of COTI V2, as outlined in its whitepaper, is to address private play issues on blockchains. Developers can protect privacy through encrypted circuits. The COTI V2 Devnet provides a user-friendly, connectible EVM space (gcEVM) using the Solidity programming language.

Additionally, the COTI V2 network offers developers tools for privacy play with TypeScript and Python SDKs, along with EVM RPC, documentation, a faucet, an explorer, and Hardhat.

COTI has received positive feedback from Civic, a provider of Web3 identification toolkits.

The COTI Foundation plans to launch a privacy-focused growth fund, the ABC Growth Fund, allocating 400 million COTI tokens to provide real-time privacy services.

Developers using the COTI V2 builder network can explore use cases such as confidential DeFi, private payment transactions, stablecoins and RWAs, on-chain data control, confidential AI and machine learning, and decentralized identity recognition.

According to COTI CEO Shahaf Bar-Geffen, the COTI V2 builder and developer program is now available to the public, inviting developers to join the network.

Source: cryptonewsz.com

The post COTI V2 changing private play on blockchain via encrypted circuit appeared first on HIPTHER Alerts.

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