Revolutionizing Data Verification KYC on Blockchain Without Sharing Our Data #Crypto #shorts
new ways to verify our identity data ownership protocol or kyc on the blockchain without sharing our data with third parties the adoption in the crypto world has necessitated the kyc procedure I.E identity verification which is not welcomed by cryptocurrency users sharing sensitive data with third parties in exchange for using their platform often ended in data leaks or being sold to further companies for the purpose of building a client database and gathering information about them the discuss technology offer great possibilities which once again can be used to our advantage how about verifying your identity through the blockchain this is precisely what the data ownership protocol project has tackled thanks to the use of zero knowledge proof technology our data is stored on the blockchain and verified anonymously without being shown to a third party the program checks the correctness of the data and conveys information on whether they are reliable such Solutions make sense and introduce security for our sensitive data into the blockchain sector
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