OPINION: ZK Proof Too Complex for Decentralized Identity for Government and Agency Adoption
On October 24, Ingo Rübe, CEO and co-founder of decentralized identity provider KILT Protocol, said the highly technical nature of ZK proofs makes it difficult for governments and institutions to adopt them. Decentralized identifiers, such as biometric data, which can be selectively shared with parties and verified on-chain using the Merkle tree, are easier, faster and more efficient than ZK proofs, it explained.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 617.77 BTC transferred from an anonymous address and, after intermediary steps, flowed into an exchange.
Today, 10 US Bitcoin ETFs saw a net outflow of 349 BTC, while 9 Ethereum ETFs recorded a net inflow of 36,459 ETH.
Trending news
MoreData: In the past 24 hours, total liquidations across the network reached $257 millions, with long positions liquidated for $82.7567 millions and short positions liquidated for $174 millions.
Fidelity International optimistic about emerging market assets next year, says large-scale capital has yet to enter
Crypto prices
More
