One-Click Sign up (For Literally Anything Online)

TL;DR

Galxe Identification Protocol is paving the way in which for privateness preserving ‘one-click enroll’ processes throughout all net platforms (from banks, to social platforms, and past).

Full Story

We’ve talked about zk-proofs within the context of economic transactions a BUNCH of late…

Zk-proofs are the ‘buddy in widespread’ of the crypto world.

What does that imply?

Say you’re searching for a brand new roommate → you put up on an area Fb group → somebody replies…

Your first transfer? Examine to see when you have any associates in widespread that you should utilize to vet your new potential co-habitant.

You possibly can ask your ‘buddy in widespread’ — “Hey, is that this individual going to attempt to homicide me in my sleep? (Trigger I can’t have that occuring…not once more).”

And your buddy in widespread can provide a binary sure/no reply.

Zk-proofs let platforms ask financially related questions like “Is that this individual over X age? Have they got good credit score?” — getting sure/no solutions in return (whereas preserving the consumer’s precise D.O.B. and credit score rating non-public).

…which is cool and all — however what if this tech grew past the crypto-financial area of interest?

Appears to be like like we’re about to seek out out due to the Galxe Identification Protocol, which goals to make zk-proofs a normal throughout the broader net.

Right here’s why that’s related to you:

This might flip each enroll web page right into a one-click expertise.

Whether or not its for a brand new checking account (the place you’re required to supply photograph I.D, a social safety quantity, D.O.B, and residential handle), or social platform (the place you’re usually prompted for a full title, e mail, and D.O.B.)…

Zk-proofs would assist you to present all of it in a one-time verification course of, and from there on out simply ‘click on to confirm’ (whereas preserving your privateness) any time you join one thing on-line.

Oh, and added bonus: it’d just about imply the tip of widespread identification theft.

Godspeed Galxe.