SelfKey releases SelfKey DAO white paper, introducing KYC solutions with AI and zero-knowledge verification features

ChainCatcher news, the blockchain digital identity system SelfKey has released the SelfKey DAO white paper, introducing its KYC solution with artificial intelligence and zero-knowledge verification features. SelfKey claims that one of the advantages of its ZK solution is that it allows vendors to perform mandatory KYC checks without storing user data. SelfKey combines artificial intelligence to enhance accuracy and combat fraud. This technology is integrated into SelfKey's Proof of Identity (POI) solution, which can combat fake identities created using AI models.

In addition, other products that SelfKey plans to release include a customizable NFT series with built-in rarity assessment. SelfKey also revealed that it is creating a new mechanism for its DAO. This will address future functionalities integrated into the DAO, providing grants issued by the DAO.

Previously, SelfKey tweeted in February that it would release the SelfKey DAO white paper, introducing new features such as NFTs and new tokens. According to the crypto data platform RootData, SelfKey completed a private fundraising round of $5 million in December 2018.