zkSync provides on-chain KYC solutions for the Republic of Palau's "RNS.ID"

2022-11-22 11:41:32

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ChainCatcher news, according to prnewswire, zkSync announced support for the Republic of Palau's digital ID program "RNS.ID," providing an on-chain KYC solution. zkSync will support the functional privacy features of its on-chain legitimate ID by implementing zero-knowledge proofs and Merkle root hashing of ID attributes, allowing users and businesses to fully manage their own information and data autonomously, while also reducing KYC verification time.

ChainCatcher previously reported that in January this year, the Republic of Palau and blockchain development company Cryptic Labs announced the launch of the RNS digital residency program, which will provide blockchain-based legitimate identity and digital residency rights to help access global business opportunities, and allow users to obtain addresses, transportation services, and digital signature verification. (prnewswire)

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zkSync Republic of Palau RNS.ID

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