LaunchPlaza
  • LaunchPlaza White Paper
  • 1. Market background
  • 2. LaunchPlaza
    • 2.1 Multi-chain Token Issuance
    • 2.2 LaunchPlaza InnoPad
    • 2.3 Telegram Launchpad
      • 2.3.1 KYC Module
      • 2.3.2 Fundraising Deadline Control
    • 2.4 IP Launch
    • 2.5 LaunchPlaza Blind Boxes
  • 3. Protocol Components
    • 3.1 Launch Module
    • 3.2 ZK-based DID System
      • 3.2.1 Identity Verification and Compliance
      • 3.2.2 Data Privacy Protection
      • 3.2.3 Privacy Protection during Transactions
      • 3.2.4 Anti-Money Laundering and Compliance Monitoring
    • 3.3 Farming System
      • 3.3.1 Yield Mechanism
      • 3.3.2 Liquidity Provision and Market Stability
      • 3.3.3 Long-term Ecosystem Incentive Strategy
  • 4. Market Expansion
    • 4.1 Multi-Region Expansion
    • 4.2 Extensive Network System
    • 4.3 Community Engagement through KOL Networks
  • 5. Token Economics
  • 6. Roadmap
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  1. 3. Protocol Components
  2. 3.2 ZK-based DID System

3.2.1 Identity Verification and Compliance

Previous3.2 ZK-based DID SystemNext3.2.2 Data Privacy Protection

Last updated 2 months ago

The ZK DID system uses the W3C Verifiable Credentials (VCs) data model to implement a decentralized identity verification mechanism. Each DID holder generates tamper-proof verifiable credentials through digital signatures, and these credentials can be used across platforms during identity verification without revealing the user's personal information. This process is based on zero-knowledge proof technology, ensuring that users only disclose necessary information during KYC (Know Your Customer) verification, while avoiding the exposure of any sensitive data. By collaborating with third-party verification agencies for KYC and biometric technologies, user identities are validated in a decentralized network, ensuring that the platform complies with global regulatory requirements.