San Francisco, CA — Ankr, a leading player in the Web3 development space, has just unveiled its newest product, “Ankr Verify,” aimed at providing blockchain and decentralized applications (DApps) with an effortless user ID solution.
—
The product’s debut includes partnerships with prominent clients such as Eclipse, Tomi, and Mina Protocol, all leveraging Ankr Verify to enhance user experience and ensure compliance for their Web3 apps deployed across their networks.
Ankr Verify serves as a pivotal tool for Web3 user authentication, particularly crucial for enterprise compliance in rolling out blockchain initiatives. What sets it apart is its capability to enable organizations to meet KYC (Know Your Customer) requirements without compromising user privacy, thanks to zero-knowledge user identity verification.
Traditional KYC methods often entail access to sensitive user data, but Ankr Verify takes a revolutionary approach. Through zero-knowledge cryptography, users can prove attributes about their identity without exposing sensitive information. Ankr’s KYC partner, Synaps, acts as the trusted intermediary, ensuring that user data remains confidential and compliant with regulations.
Kev Silk, Senior Product Manager at Ankr, emphasizes the transformative nature of Ankr Verify, stating, “It’s a new standard for easy Web3 user identification, similar to what single sign-on did for the web.
“With a single, secure passport to Web3, users can access decentralized experiences without the headache of continuously uploading documents with their vulnerable personal data.”
Kev Silk, Senior Product Manager at Ankr
End users can expect an upgraded Web3 experience with Ankr Verify, akin to a single sign-on solution for the decentralized web. By verifying private information just once, users gain seamless access to entire ecosystems of applications, eliminating the need for repetitive data submissions.
Ankr Verify is designed to merge the best practices of KYC compliance and Decentralized Identity (DID), making government-sanctioned Web3 use cases achievable while preserving the privacy and autonomy benefits inherent in blockchain technology. Ankr Verify represents just one element of Ankr’s comprehensive suite of Web3 infrastructure products, crafted to empower developers in shaping the next generation of blockchain applications.
—
About Ankr
Ankr stands as a comprehensive Web3 developer hub, offering a complete toolkit for building Web3 apps and ensuring high-performance connections to over 40 blockchains.
Their array of services includes multi-chain DApp development tools, blockchain engineering services, crypto staking solutions, and a globally distributed node infrastructure. Ankr is committed to facilitating easy participation in the crypto economy and fostering a more decentralized, democratic, and user-owned web experience.
Read the full article here
