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Monday, September 25, 2023

Private ID verification wins Binance Web3 reality show By Cointelegraph

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Crypto exchange Binance has announced the winner of its metaverse-based Web3 reality show, “Build the Block.” As a part of the show, startups competed against each other to win an investment from Binance Labs.

In an announcement sent to Cointelegraph, Binance said that zkPass, a decentralized identity verification solution that preserves privacy, won the contest after receiving the most votes. The startup relies on multiparty computation and zero-knowledge-proof technology.