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HYPE $87.76 -0.57%
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XLM $0.1912 +2.41%
ZEC $1,195.84 +1.85%

Polkadot's parent company plans to launch the Web3 authentication solution "Proof-of-Ink" in Q4

2024-08-23 18:33:02

ChainCatcher news, according to Cointelegraph, Parity Technologies, the parent company of Polkadot, plans to launch a Web3 authentication solution ------ Proof-of-Ink. This solution generates tattoos through a unique algorithm to prove users' digital citizenship, aiming to address key barriers to the mass adoption of Web3.

Gavin Wood, co-founder of Ethereum, Polkadot, and Kusama, revealed at the Berlin Web3 conference that Proof-of-Ink is scheduled to launch in the fourth quarter of 2024. The system will require users to tattoo a uniquely generated pattern on specific parts of their bodies as proof of their digital identity. Each tattoo design is created based on a blockchain-generated random number, ensuring the uniqueness of each user. In addition to Proof-of-Ink, Wood disclosed that two other digital identity solutions are in development, expected to be launched next year, but did not provide specific details.

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