Monthly Update - September 2024

zkMe

• 5 min read
Monthly Update - September 2024

Introduction

Welcome to zkMe's September 2024 Monthly Update! This month has been marked by significant industry engagement and product expansion, highlighted by our active participation in TOKEN2049 Singapore and Solana Breakpoint 2024, strategic integrations with Plume Network and Rho Markets, and the launch of our zkCreditScore Early Adopter Campaign. We've also seen remarkable growth in our Community Advocates Program, further solidifying our position in the zero-knowledge identity solutions space.

We're thrilled to announce we've surpassed 659,000 user attestations by then end of Q3, a remarkable milestone reflecting our community's trust and growth. But this is just the beginning! We have exciting announcements on the horizon that our community has been eagerly anticipating. Stay tuned for news that will shape our platform's future and bring new opportunities for our users. We can't wait to share these innovations with you and see their positive impact on our thriving community.

TL;DR

  • App downloads reached 31.9k, a 1% month-on-month increase, while total attestations rose to 658.9k, reflecting a 0.2% growth.
  • zkMe hosted the "5K Hash Hustle & Breakfast" and co-hosted the "Shared Privacy Symposium" at TOKEN2049 Singapore, while participating in networking and client meetings at Solana Breakpoint 2024.
  • We integrated with Plume Network as their first zkKYC solution for Real World Asset Finance (RWAfi) and partnered with Rho Markets to integrate zkKYC and "zkPoC" AML solutions into their DeFi platform.
  • The zkMe Ambassador Program received over 500 applications, with the first round of interviews underway.
  • We launched the "zkCreditScore Early Adopter Campaign," allowing U.S. users to earn zkMe XP for generating their zkCreditScore.

Events

TOKEN2049 In Singapore

zkMe actively participated in TOKEN2049 Singapore week, the world's largest crypto event, which attracted over 20,000 attendees from 7,000+ companies across 150+ countries. We showcased our innovative zero-knowledge identity layer by hosting the "5K Hash Hustle & Breakfast," co-hosting the "Shared Privacy Symposium," and participating in "Adopt Crypto 2024." Our Founder & CEO, Alex Scheer, shared insights on compliant privacy and strategies for accelerating crypto adoption. These engagements sparked significant interest in our FATF- and MiCA-compliant solutions, particularly from RWA and DeFi projects. Alex emphasized, "Our zero-knowledge identity layer is perfectly positioned to address the unique challenges faced by RWA tokenization and DeFi protocols, especially in terms of regulatory compliance and user privacy."

Solona Break Point 2024 in Singapore

Solana Breakpoint 2024, held on September 20-21 in Singapore, was the largest annual event for the Solana ecosystem, bringing together developers, investors, and industry experts. Our team participated in talks and workshops, gaining insights into the latest trends in blockchain technology and decentralized identity.

Product

Statistics

This month, downloads for both iOS and Android of the zkMe App continued to grow, reaching a total of 31,900, marking a 1% month-on-month increase. Total attestations have risen to 658,900, reflecting a 0.2% month-on-month growth.

Key Technical Highlights

In September 2024, zkMe demonstrated its commitment to improving its decentralized identity verification services through substantial updates and user engagement strategies. The statistics above indicate a steady growth trajectory, showcasing the platform's ability to attract and retain users.

The zkMe Identity Hub introduced modifications to XP events for better user interaction, a new Twitter sharing verification feature, and UI optimizations for improved accessibility. The zkMe Widget updated its SDK to enhance the KYC process, while the zkMe Dashboard focused on security optimizations and registration UI for smoother onboarding. The zkMe App refined its credit score verification process and integrated Twitter sharing capabilities. Lastly, the Official Website underwent a comprehensive redesign, improving mobile access and navigation, thereby enhancing overall user experience.

Chain and Client Announcement

Plume

We integrated with Plume Network, a premier Real World Asset Finance (RWAfi) chain for crypto natives. As Plume's first integrated zkKYC solution, zkMe will enhance privacy and compliance across the network's ecosystem of over 100 projects. Our integration addresses key RWAfi challenges, offering users the ability to securely verify credentials once and reuse Soulbound Tokens across multiple DApps. This integration streamlines verification processes while ensuring regulatory compliance and data protection, contributing to a more inclusive and secure blockchain ecosystem for real-world assets.

Rho Markets

zkMe partnered with Rho Markets, a leading DeFi platform on the Scroll network. This collaboration integrates zkMe's zkKYC and "zkPoC" AML solutions into Rho Markets' ecosystem, enhancing security, privacy, and regulatory compliance.

Community

zkMe Ambassador Program Update

Following the August launch of zkMe's Community Advocates Program, we've seen tremendous interest from our community. This initiative engages members to represent and promote our mission and zero-knowledge solutions, fostering a strong privacy-focused Web3 community.We're excited to announce that we've now received over 500 applications! The first round of email interviews with qualified candidates is currently underway.This is an ongoing program, and we continue to welcome new applications. Thank you for your continued support.

zkCreditScore Early Adopter Campaign Launch

We recently launched the zkCreditScore Early Adopter Campaign, celebrating our new zero-knowledge credit score verification feature. U.S. SSN & credit card holders can earn zkMe XP by generating their zkCreditScore, minting Soulbound Tokens (SBT), and completing a feedback form. Participants earn 30 XP for minting their SBT, with an additional 30 XP for the first 100 feedback form submissions.To participate, visit app.zk.me and follow the detailed steps to generate your zkCreditScore and mint your SBT.

Online Campaigns

We are excited to have participated in two engaging Twitter Spaces &AMA this month:

Other things you might have missed

  1. Our team participated in the Hack Season Conference in Seoul during Korea Blockchain Week 2024 (KBW2024), alongside industry peers like Cryptomeria Capital, reinforcing our engagement with pivotal blockchain events and networking opportunities.
  2. We're grateful to Off-Chain Podcast for inviting zkMe's CEO to their recent podcast for the industry interview, "Alex Scheer: Web3 Onboarding with zkMe’s Decentralized Identity Solutions | Off-Chain Podcast #036".
  3. Our blogs in September:
  1. Video interview with Hinkal

Join our Discord and connect with our social channels to stay updated on our latest news and announcements!

About zkMe

zkMe builds zk Identity Oracles for truly decentralized & anonymous cross-chain credential verifications.No personal information is ever processed by anyone but the user themselves. Data leaks & misuse by the service provider are impossible; full interoperability & reusability result in a superior ID solution. zkMe’s is the only FATF compliant KYC provider to be fully decentralized, offering a full suite of products from anti-bit/anti-sybil, to KYC and more.

For more information, follow the links below:
Website | Twitter | Discord | Docs |