This Could be another Sleeping Giant, only time will tell.
Galxe Protocol is revolutionizing how we control our personal data and identity in the Web3 era. It introduces verifiable credentials, like keys or certificates, that represent on-chain activities and personal data. Unlike Web2 companies, Galxe puts you in charge, allowing ownership and decision-making about your data's use.
The protocol, powered by Zero-Knowledge Proof, ensures secure and private ownership of credentials. Galxe facilitates builders in creating systems like reputation or credit systems, enhancing the Web3 experience.
Your identity and data become assets, offering control over followers, gaming achievements, or social media content. Galxe Protocol tackles the multiplicity issue in digital identities, ensuring seamless connections without compromising privacy.
The technical part involves smart contracts and SDK tools, breaking down roles into Credential Holders, Issuers, Verifiers, and Credential Type Designers. This decentralized approach enables selective disclosure, revocable credentials, and programmable trust schemas.
Zero-Knowledge Proof is pivotal, providing selective disclosure, anonymity, and efficient verification. Galxe's vision includes a decentralized ecosystem, where third parties can design credentials, expanding flexibility and interoperability.
In essence, Galxe Protocol empowers individuals, fostering privacy, ownership, and control over their digital identities and credentials in the evolving Web3 landscape.
