Monthly Update — May 2024 INTRODUCTION Welcome to zkMe's Monthly Update for May!This month has been filled with exciting developments, community engagements, and new partnerships, all driving our mission forward to provide secure, privacy-preserving identity verification solutions. zkMe upholds the highest standards of compliance and AML by building zk Identity Oracles for
zkMe Attends Consensus 2024 in Austin Last week, the zkMe team had the privilege of participating in Consensus 2024, hosted by ConinDesk, the largest and most influential gathering in the crypto space. Consensus is renowned for the quality of its attendees, and this afforded zkMe an ideal opportunity to showcase zkMe's Zero Knowledge (ZK)
zkMe Integrates with Base to Enable Privacy-Preserving Decentralized Identity Solutions We are thrilled to announce an exciting new integration between zkMe and Base, the Layer 2 blockchain developed by Coinbase. This collaboration is set to integrate zkMe's advanced identity solutions into the Base ecosystem, marking a significant step towards enhancing user privacy and security in the decentralized world.
zkMe Partners with YOIU to Revolutionize IDO Compliance zkMe has announced a partnership with YOIU, a leading IDO platform that connects early adopters with innovative AI and blockchain startups. Through this collaboration, YOIU will integrate zkMe's zkKYC solution and AML Screening into its platform, enabling its users a seamless and secure KYC and AML experience while
zkMe Technical Update - May 2024 Welcome to the zkMe Technical Update — May! During this month, our development team focused on user experience optimisation and product feature enhancement, dedicated to providing users with a smoother and more secure service experience. zkMe is the web3 zero-knowledge (ZK) identity layer. zkMe builds Identity Oracles that leverage the power
zkMe Partners with Xion Global to Bring Decentralized KYC/KYT to Web3 Payments zkMe is thrilled to announce a strategic partnership with Xion Global, a leading blockchain-based payment platform on the Polygon network. Xion Global will integrate zkMe's innovative zero-knowledge (ZK) identity oracles into its cutting-edge payment ecosystem, enabling seamless and secure Know Your Customer (KYC) and Know Your Transaction (KYT)
zkMe Partners with DOP to Provide Privacy-Preserving Compliance Solutions We are excited to announce a groundbreaking partnership between zkMe, the innovative zk-Identity Layer, and Data Ownership Protocol (DOP).
zkMe Integrates with Arbitrum to Bring Privacy-Preserving Identity to Ethereum Scaling We are delighted to announce a groundbreaking integration between zkMe and Arbitrum One, the leading Layer 2 scaling solution for Ethereum. This integration aims to bring zkMe’s innovative privacy-preserving identity solutions with Arbitrum One scalable infrastructure, providing enhanced security and privacy for Arbinauts across the Ethereum ecosystem. At zkMe,
Regulation The U.S. Treasury's 2024 Strategy for Combating Illicit Financing: A Web3 Viewpoint Treasury’s Latest Blueprint: A Comprehensive Overview In May 2024, the U.S. Department of Treasury unveiled its “National Strategy for Combating Terrorist and Other Illicit Financing.” This pivotal document outlines the U.S. government’s comprehensive approach to addressing significant illicit finance threats and risks to the financial system.
Regulation Regulatory Challenges in Web3: Balancing Compliance and Decentralization This article was co-authored with Hinkal, institutional-grade protocol designed to empower users with full control over their on-chain data. Introduction The recent crackdowns and heightened enforcement actions by the U.S. Securities and Exchange Commission (SEC) are reshaping the landscape of the cryptocurrency market. In 2023 alone, the SEC initiated
Featured Fortifying Trust and Compliance: The Strategic Partnership Between zkMe and Impossible Finance Challenges for Impossible Finance: Ensuring Compliance, Integrity, and Security in DeFi Expansion Given the significant challenges in growing a DeFi protocol amid regulatory changes, Impossible Finance sought compliance and security solutions that fit their needs. These include maintaining integrity and fairness by preventing users from creating multiple accounts to manipulate
Featured zkMe's New Milestone: Pioneering a New Era in Digital Identity Management Introduction In today’s interconnected digital world, self-sovereign identities are crucial for giving individuals control over their personal data and digital footprint, mitigating privacy and data breach concerns. These solutions allow users to independently manage their identities, lessening dependence on centralized entities and reducing data breach risks. Utilizing cryptographic methods
Featured Monthly Update — April 2024 We have been so busy since our launch that we haven’t had an opportunity to share all of the exciting things happening at zkMe on a regular basis.
Featured zkMe Technical Update — April 2024 zkMe is the web3 zero-knowledge (ZK) identity layer. zkMe builds Identity Oracles that leverage the power of zero-knowledge-proofs to…
Self-Sovereign Identity: Empowering User ID on Web3 Introduction Have you ever wondered who really owns your digital identity? When you sign up for platforms like Facebook, Twitter, or Instagram, you provide them with a wealth of personal information such as name, date of birth and contact details. These platforms store and monetize this data for targeted advertising
Top 5 Crypto Exchanges with Mandatory KYC in 2024 Introduction Over the past few months, the cryptocurrency industry has faced a regulatory storm. For example, U.S. prosecutors brought criminal charges against KuCoin and its two founders, accusing the global cryptocurrency exchange of violating U.S. anti-money laundering laws. If convicted, they could face up to 10 years in
Web3 Identity: Soulbound Tokens and zkMe's Impact Introduction When did you first encounter the term "soulbound"? Many may recognize it from the realm of "World of Warcraft," where soulbound items are locked to the player—they cannot be sold, mailed, or transferred to others, ensuring they are for the player's use
Regulation EU Markets in Cryptoassets (MiCA) Regulation - What is it？ In the realm of digital finance, the rise of cryptocurrencies has transcended being merely a trend to become a global phenomenon with increasingly significant impacts. As the market capitalization of cryptocurrencies like Bitcoin, Ethereum, and others reaches unprecedented heights, the demand for regulation of this burgeoning market has become more
3 ZKP Examples - Unlocking Blockchain Privacy Introduction Users in the blockchain and cryptocurrency space are increasingly turning to Zero-Knowledge Proof (ZKP) technologies to address pressing concerns around privacy, security, and efficiency within digital transactions and interactions. In 2023, Vitalik conducted a series of studies on privacy protection and the advancement of Zero-Knowledge and privacy protection. In
ZetaChain × zkMe | Begin the Testnet Journey zkMe has officially launched on ZetaChain, an EVM-compatible L1 blockchain that connects everything. The ZetaChain × zkMe Testnet event now sincerely invites you to embark on a thrilling journey of Privacy, Security and Efficiency. By following the steps below, you can now obtain your Omni Soulbound Token (Omni SBT) and connect
