Source: Ankr

Web3 infrastructure provider Ankr has recently launched a new product called "Ankr verify", which combines KYC standards and the unique privacy advantages of blockchain technology through zero-knowledge user identity verification, redefining user identity verification for cross-blockchain and decentralized applications. Currently, the product has been launched with customers Eclipse and Mina Protocol, improving the user experience and compliance of deploying Web3 applications.

Ankr Verify Working Principle

Unlike traditional KYC methods, Ankr Verify allows blockchain and Web3 applications to verify customer data and meet regulatory requirements without accessing sensitive user data through zero-knowledge encryption technology. Users access Ankr Verify and prove their identity attributes by providing proof to Ankr's KYC partner Synaps.

Synaps, as the only trusted and regulated KYC company to view, verify, or store user data, has the authority to access it, and Ankr and any other companies, protocols, or applications do not have the right to access it. As a result, blockchain and Web3 applications can verify whether users meet requirements such as citizenship by only receiving "yes/no" answers, without uploading IDs or sharing sensitive information.

Ankr Verify Advantages

Ankr Verify provides seamless identity verification for every blockchain and Web3 application, enhancing user experience and creating the ultimate builder environment for enterprises and developers.

· Simplified Compliance: Meet specific national and industry regulations, and help enterprises achieve stress-free construction.

· Enhanced user experience: Provides users with a secure verification environment, allowing them to safely access Web3 networks and applications.

· Enhanced security: Relies on IPFS storage and professionally designed smart contracts to prevent data leakage.

· Customizable declarations: Seamless setup, execution, and verification of policy restrictions to enhance security and improve user access control.

· Automatic updates: Always maintain the latest authentication to simplify operations.

· Enhanced privacy: Maintain the highest confidentiality standards.

· Interoperability: Ensure that the network is always equipped with upgraded technology and interoperability.

· Scalability: Utilizing efficient node infrastructure for identity verification, significantly reducing costs.

How can Web3 users benefit from Ankr Verify?

Actually, Ankr Verify is similar to a single sign-on for decentralized networks, where users only need to verify their private information once to access the entire application ecosystem.

· One-time credential verification for Web3

· Secure and convenient access to all chains and dApps.

· Private experience of Web3 applications

· Cross-application fast login and account creation

Ankr Continues to Support the Development of Web3

The launch of Ankr verify is a significant step forward for Web3 user identity verification, combining KYC compliance and best practices for decentralized identity (DID) while still maintaining the unique privacy and autonomy advantages provided by blockchain. Ankr verify is part of a broader strategy to support the development of next-generation blockchain applications, with Ankr as a Web3 infrastructure platform providing a full suite of products for developers to build dApps and high-performance connections to over 40 blockchains.

This article is from a submission and does not represent the views of BlockBeats.

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