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Concordium Launches Zero-Knowledge ID Application to Solve Online Age Verification Problem

Concordium Launches Zero-Knowledge ID Application to Solve Online Age Verification Problem

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Concordium-300x169 Concordium Launches Zero-Knowledge ID Application to Solve Online Age Verification Problem

Concordium Concordium Launches Zero-Knowledge ID Application to Solve Online Age Verification ProblemConcordium Concordium Launches Zero-Knowledge ID Application to Solve Online Age Verification Problem

PayFi- blockchain Concordium has announced the launch of Concordium ID, a next-generation identity verification application. Designed to support secure age verification, Concordium ID enables users to prove their age without giving up their personal data.

Concordium ID meets the growing demand for age verification across the web without compelling users to disclose sensitive information and store this data on multiple platforms. This enables digital businesses to provide age-appropriate content without compromising user privacy or relying on unreliable self-declaration methods.

Built using zero-knowledge proofs (ZKPs), the application provides a single, encrypted ID that can administer age verification across the entire web. It forms a decentralised, secure and scalable solution for metering access to age-based content, services, and community features.

Available on iPhone and Android via a dedicated app, Concordium ID can be used to instantly generate a Concordium account used for age verification across the internet. The application’s launch has been supported by seamless integration into popular Wallets of Coin98 and Safle, which will allow users to Verify and Pay for online products & services using Concordium ID.

Concordium CEO Boris Bohrer-Bilowitzki said: “The truth is that the web has never had a viable age verification system, resulting in piecemeal solutions that are ineffective at best and a privacy risk at worst. With Coin98 and Safle as just the first step, we’re opening the gate to a pipeline of integrations that will put privacy-preserving verification in reach of hundreds of millions of users worldwide.”

Thanh Le, Coin98 CEO, said: “By integrating Concordium ID, we can offer privacy-preserving age checks across dApps, games, and payments to over 10 million Coin98 users from 170+ countries. It’s wallet-agnostic and developer-friendly, unlocking new categories of compliant, age-appropriate services.”

The release of Concordium ID arrives at a time when age-based content filtering is on the rise, including efforts by the UK and Europe to protect minors from adult content. However, governments and tech providers have empirically struggled to implement systems that strike a balance between safety and privacy. Concordium ID ensures the best of both worlds, allowing users to prove their identity and age without the need to store personal data across multiple platforms.

In addition to supporting age verification, Concordium ID has broad utility across Web2 and Web3 services, enabling providers to maintain compliance without the need to retain customer data or implement costly verification solutions. For Web3 businesses, Concordium ID’s wallet-agnostic design means it can be easily integrated into dApps and protocols via SDK. This allows it to support PayFi and other services requiring identity verification while giving users the privacy they expect through zero-knowledge proofs.

About Concordium

Concordium is a scalable Layer 1 blockchain that offers a unique identity layer at protocol level to ensure verified and private user interactions enabled via zero-knowledge proof technology. Founded in 2018, the research-backed chain enables Smart Money with programmable protocol-level tokens, advanced PayFi features like time releases and compliance controls, and secure ID-based geofencing for cross-border transactions, making it the chain of choice for enterprise-ready stablecoins looking for real-world adoption while adhering to new regulatory frameworks.

Learn more: https://www.concordium.com/

The post Concordium Launches Zero-Knowledge ID Application to Solve Online Age Verification Problem appeared first in UK on InvestingCube.

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