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

3.2.2 Data Privacy Protection

During the implementation of the ZK DID system, LaunchPlaza uses encryption and multi-signature mechanisms to protect user privacy. User identity information is encrypted and stored in a distributed data registry, where only the user, verification agencies, and authorized parties can access this data. Meanwhile, the multi-signature protocol provides additional security by allowing authorized parties to access the information only with the user’s consent, effectively safeguarding against malicious attacks or data breaches.

In this process, the Verifiable Data Registry stores identifiers and credential schemas, ensuring the decentralization and efficiency of the DID system. Users register their identifiers through this registry, ensuring the accuracy and credibility of their identity data.

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Last updated 3 months ago