Identity and Privacy Proofs
This category describes cryptographic methods that secure user identity and data, balancing regulatory needs with anonymity in decentralized betting platforms.
Zero-Knowledge Proofs in Gambling: Wagering Without Revealing Wallets
Blockchain technology is being appended with zero-knowledge proofs (ZKPs) which enable blockchain applications to be more efficient. In simpler terms, ZKPs allow one party to verify the authenticity of a specific claim without sharing any additional sensitive information. In blockchain, gambling-specific cryptography enhances a player’s experience by allowing them to place bets, check wallet balances, […]
The Future of Identity in Web3: Can On-Chain KYC Wallets Keep You Compliant and Private?
The proliferation of blockchain technology is being witnessed in finance, gaming, and decentralized applications. However, regulators around the world have started demanding robust KYC (Know Your Customer) measures to mitigate money laundering and other illicit activities. As these KYC norms come into place, users continue to adopt blockchain technology for self-sovereignty and privacy. To resolve […]