Digital Identity, No Data Required: ZK Protocol Secures $9M to Champion a Privacy-Centric Tomorrow
- Self Labs raised $9M in seed funding led by Greenfield Capital and SoftBank, with participation from Web3 leaders like Sreeram Kannan and Sandeep Nailwal. - The ZK-based platform enables privacy-preserving identity verification using zero-knowledge proofs and supports 129 countries' biometric passports and India's Aadhaar system. - A points-based rewards program incentivizes on-chain verification, while integrations with Google, Aave , and Velodrome expand use cases like token distribution and age checks
Self Labs, a prominent protocol specializing in zero-knowledge (ZK) identity, has
Utilizing zero-knowledge proofs and verifiable credentials, Self's platform allows individuals to prove details such as age, residency, or national ID status without disclosing personal data
An important aspect of this seed funding is the introduction of a points-based rewards initiative to
The capital will also fund the ZK Identity Residency initiative, which brought together 15 developers from seven different countries in San Francisco to work on product and engineering projects
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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