Polkadot Associates Launches Proof-of-Ink, a Digital Identity Solution
Polkadot co-founder Gavin Wood's Parity Technologies is about to launch a Web3 authentication solution called Proof-of-Ink, which aims to prove a user's digital identity in a privacy-preserving form through a unique tattoo. Gavin Wood said Proof-of-Ink is expected to launch in the fourth quarter of 2024. Users will be required to get a unique, algorithmically-generated tattoo on a specific body part and prove their digital identity by uploading a three-minute video of the last part of the tattooing process. In addition, users will be required to pay a small amount of DOT tokens or community-shared vouchers to prevent abu
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
Bitget has launched "Niulai" perpetual contracts, supporting up to 10x leverage.
Schnabel of the European Central Bank states that central bank money “must be on-chain”

HyperLabs applies to redeem 433,000 HYPE tokens worth $36.14 million
Cardano Hits 10,166% Liquidation Imbalance as Price Tests $0.2 Support