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Home»Blockchain»Ankr Verify Launches: Simplifying Web3 Identity Verification
Blockchain

Ankr Verify Launches: Simplifying Web3 Identity Verification

2023-12-12Updated:2023-12-15No Comments3 Mins Read
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San Francisco, CA — Ankr, a number one participant within the Web3 growth house, has simply unveiled its latest product, “Ankr Confirm,” geared toward offering blockchain and decentralized functions (DApps) with an easy consumer ID answer.

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The product’s debut contains partnerships with outstanding shoppers equivalent to Eclipse, Tomi, and Mina Protocol, all leveraging Ankr Confirm to boost consumer expertise and guarantee compliance for his or her Web3 apps deployed throughout their networks.

Ankr Confirm serves as a pivotal device for Web3 consumer authentication, notably essential for enterprise compliance in rolling out blockchain initiatives. What units it aside is its functionality to allow organizations to satisfy KYC (Know Your Buyer) necessities with out compromising consumer privateness, because of zero-knowledge consumer id verification.

Conventional KYC strategies typically entail entry to delicate consumer knowledge, however Ankr Confirm takes a revolutionary method. Via zero-knowledge cryptography, customers can show attributes about their id with out exposing delicate data. Ankr’s KYC associate, Synaps, acts because the trusted middleman, making certain that consumer knowledge stays confidential and compliant with rules.

Kev Silk, Senior Product Supervisor at Ankr, emphasizes the transformative nature of Ankr Confirm, stating, “It is a new customary for straightforward Web3 consumer identification, just like what single sign-on did for the online.
“With a single, safe passport to Web3, customers can entry decentralized experiences with out the headache of constantly importing paperwork with their weak private knowledge.”

Kev Silk, Senior Product Supervisor at Ankr
Finish customers can anticipate an upgraded Web3 expertise with Ankr Confirm, akin to a single sign-on answer for the decentralized net. By verifying personal data simply as soon as, customers achieve seamless entry to complete ecosystems of functions, eliminating the necessity for repetitive knowledge submissions.

See also  On-chain debt securities marketplace Obligate launches on Base

Ankr Confirm is designed to merge the most effective practices of KYC compliance and Decentralized Identification (DID), making government-sanctioned Web3 use instances achievable whereas preserving the privateness and autonomy advantages inherent in blockchain know-how. Ankr Confirm represents only one component of Ankr’s complete suite of Web3 infrastructure merchandise, crafted to empower builders in shaping the subsequent era of blockchain functions.

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About Ankr

Ankr stands as a complete Web3 developer hub, providing a whole toolkit for constructing Web3 apps and making certain high-performance connections to over 40 blockchains.

Their array of companies contains multi-chain DApp growth instruments, blockchain engineering companies, crypto staking options, and a globally distributed node infrastructure. Ankr is dedicated to facilitating simple participation within the crypto financial system and fostering a extra decentralized, democratic, and user-owned net expertise.

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Ankr Identity Launches Simplifying verification verify Web3
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