Billions.Community has launched a digital identification verification platform designed to supply a non-biometric and privacy-focused different to present verification techniques, together with Sam Altman’s crypto venture, World.
The platform, which makes use of zero-knowledge proof tech, seeks to offer a scalable and safe technique for verifying each human and AI identities.
The corporate stated greater than 9,000 initiatives, together with TikTok, Prime Docs, and World—beforehand Worldcoin—have applied its underlying verification framework, Circom.
Monetary establishments resembling Deutsche Financial institution and HSBC have additionally examined the system in proof-of-concept trials, the corporate instructed Decrypt.
The launch comes amid rising regulatory scrutiny of digital identification techniques and rising issues over AI-driven fraud, together with deepfakes, Sybil assaults, and bot exercise.
Billions.Community’s verification mannequin permits customers to verify their identification with out storing biometric knowledge, addressing privateness issues related to different techniques.
“Billions is making a world the place every human may be uniquely recognized and unlock customized advantages within the age of AI with verification options which are universally accessible and scalable,” Evin McMullen, CEO and co-founder of Billions.Community stated.
Not like some biometric-based verification fashions, the platform doesn’t require proprietary {hardware} and provides token-based incentives for customers.
The corporate stated it’s working with the Indian authorities to combine its system with Aadhaar, the nation’s nationwide identification framework.
Billions.Community was developed by the group behind Privado ID, a agency specializing in institutional verification options.
The venture originated as PolygonID, a digital identification system constructed on the Polygon blockchain, earlier than increasing right into a broader verification community.